Articles by Maya Ando
INCJ seeks Australian water business
Innovation Network Corporation of Japan (INCJ), the government-backed public/private fund, has agreed to acquire United Utilities Australia (UUA), a wholly-owned subsidiary of United Utilities PLC, the UK's largest listed water company, alongside Japanese...
Goldman Sachs close to Taikang win
A consortium led by Goldman Sachs is close to finalizing negotiations for the 15.6% stake in the PRC's Taikang Life Insurance Corp. owned by France’s insurance giant AXA, for about $1 billion.
Russell appoints new Oz real estate research senior
Russell Investments, the US-headquartered global investment advisor, has appointed Samantha Steele as a senior research analyst in Australia, focusing on real estate and private equity manager research in Asia and Australasia.
Darby invests HK skincare company
Darby Overseas Investments, the mezzanine-focused private equity arm of Franklin Templeton Investments, has made an HK$78 million ($10 million) investment in Water Oasis Group Ltd, a leading skincare and beauty group listed in Hong Kong.
Shenzhen Oriental Fortune Capital raising its debut fund
Shenzhen Oriental Fortune Capital, a Chinese VC firm, is reportedly raising its first $100 million fund.
Prax to sell out of China property venture
Prax Capital, a China-focused private equity firm, will sell its 40% holding in its JV Success Hill Investments Ltd, to China Housing & Land Development, Inc., a NASDAQ-listed property developer for RMB576 million ($84.5 million).
Keeping LPs happy
The due diligence process has always played an important role for LPs when choosing funds to back.
Advantage restructures US investee GST Autoleather
Advantage Partners, a Tokyo-based private equity firm, has reportedly restructured the balance sheet of its investee company GST Autoleather Inc. in a series of moves since September 2009, making three voluntary debt repayments totaling $39.2 million....
Triple A Partners allies with Japan's OGI Capital
Hong Kong-based investment firm Triple A Partners and OGI Capital Partners (OGICP), a Japanese discretionary investment manager, have announced a partnership to increase services to Japanese institutional investors who want to strengthen their global...
Nippon Mirai exits Daiichi Seimitsu Sangyo
Nippon Mirai Capital, the turnaround-focused independent buyout fund based in Tokyo, has agreed to sell its 100% stake in Daiichi Seimitsu Sangyo Co., Ltd., a maker of plastic molds, to Minebea, a listed manufacturer of high-precision components, for...
Partners Group fund raised $680 million, over target
Partners Group, the Switzerland-based private markets investment manager, has closed its latest Partners Group Global Value 2008 fund at EUR537 million ($680 million), exceeding its target of EUR500 million ($634 million).
Japan's INCJ makes second VC deal in chip firm
The Innovation Network Corporation of Japan (INCJ), the state-run fund backed by local corporate capital, will make its second VC investment, in Genusion Inc., a local fabless flash memory developer.
VinaCapital announces two new investments
Vietnamese asset management company VinaCapital Group has announced two new investments, made from its growth capital-focused VinaCapital Vietnam Opportunity Fund (VOF) and its Vietnam Infrastructure Ltd (VNI) fund.
Paul Hastings hires Peng for M&A in Beijing
Leading global law firm Paul, Hastings, Janofsky & Walker LLP has announced the hire of Roger Peng, a former managing partner of Hogan & Hartson’s Beijing office, who will join as a partner in Beijing.
Clifford Chance makes new Asia appointments
Law firm Clifford Chance has boosted its global operation by appointing 18 new partners, four of them in Asia, including Cameron Hassall, an international arbitration/litigation specialist; Ho Han Ming, who will cover investment management; and Tim Wang,...
Dragon Capital sells Vietnam mining JV to TPG investee
Tiberon Minerals, owned by Vietnam-based investment firm Dragon Capital, will sell a control stake in the Nui Phao Mining Joint Venture Company, a tungsten mining project in development, to Masan Group, backed by TPG Capital.
Mulverhill Associates launches in MENA
A new MENA investment and consulting firm, Mulverhill Associates, has been formed in Dubai by former Director of Abraaj Capital Jonathan Hall.
BoA rehires Bhatia for India
Bank of America-Merrill Lynch has rehired Asit Bhatia, who left the firm in October 2009, as managing director for corporate and investment banking in India.
Nomura Principal sells Misawa to industry peer
Nomura Principal Finance Co., Ltd., a wholly-owned subsidiary of Nomura Holdings, Inc., has said it will sell its entire stake in Misawa Home Co., a Tokyo-based housebuilding company, to Toyota Home Co., a housing unit of Toyota Motor Co.
AIF Capital will take minority stake in Chinese university
AIF Capital will acquire a 10% stake in Oriental University City, an educational campus platform owned by Singapore-listed Raffles Education.
Riverside takes stake in Australia's Boost
The Riverside Company is reportedly acquiring Boost Investment Group (Boost), the holding company that operates Boost Juice Bars and Salsa’s Fresh Mex Grill in Australia.
JPMorgan Chase plans China VC firm
US financial institution JPMorgan Chase & Co. reportedly is ready to establish a venture capital firm in China, with official authorization from PRC financial regulators and the Beijing government.
Private equity insights from Japan
At the eleventh annual AVCJ Private Equity & Venture Forum Japan in Tokyo, GPs and LPs gathered to give their views on the current state of the Japanese private equity market post the global financial crisis, and the consequences for both the local industry...
A 'taxing' situation in Japanese private equity
Japan's private equity market is broadly viewed as a domestic industry for local GPs and LPs, with the exception of a few well-known global buyout giants.