Articles by Maya Ando
KIC to invest $100 million in IFC fund
Korea Investment Corporation (KIC), South Korea’s sovereign wealth fund, will inject $100 million into a private equity fund managed by IFC Asset Management Company, a wholly-owned subsidiary of the International Finance Corporation (IFC), the private...
Harbor Pacific makes maiden first close
Harbor Pacific Capital, a Silicon Valley-based VC firm focused on tech companies in the US and Asia, has raised $32.8 million for the first close of its maiden fund, Harbor Pacific Capital Partners I, LP.
Yorkville invests $10 million in Chinese pharma company
Yorkville Advisors, a US financial firm specializing in providing debt and equity financing to listed companies globally, has injected $10 million into Lotus Pharmaceutical, Inc., a US OTC Bulletin Board-listed company engaged in the production, trading...
Hong Kong's Aquitaine to begin fundraising
Aquitaine Investment Advisors, a Hong Kong-based alternative investment manager, has begun fundraising for its new Crescent fund, a pan-Asian private equity vehicle with target size of $200 million, which will focus on acquiring controlling stakes in...
Advantage, SoftBank plan $112.6 million investment in Willcom
Advantage Partners, the Tokyo-based private equity firm, and Japanese mobile phone carrier SoftBank will reportedly provide JPY5 billion ($56.3 million) each to Willcom, the struggling PHS (personal handy phone) business, which filed for bankruptcy with...
Shanghai licenses Fosun-Carlyle RMB fund
The Carlyle Group and Fosun Group have obtained a business license from the Shanghai Administration of Industry and Commerce (SHAIC) to operate their JV Fosun-Carlyle (Shanghai) Equity Investment Fund, which is now officially allowed to make investments...
CITIC and Fubon form new leasing company
Taiwan's Fubon Venture Capital and CTTIC Asset Management have jointly establishment a leasing company in China, representing the first cross-Taiwan financial partnership after the recent memorandum of understanding on cross-Strait cooperation in financial...
Unison Capital to acquire MK for real estate
Unison Capital, the Japanese buyout firm, will acquire a 61.3% stake in MK Capital Management, a listed real estate-related finance and asset management company, through a private placement of new shares due on April 5th this year.
Carlyle partners with Fosun for JV, RMB fund
The Carlyle Group has signed a strategic partnership agreement with Fosun Group, the largest privately-owned investment conglomerate in China, to enhance their investment activities in the Greater China market.
Alibaba's Ma plans to form fund
Jack Ma, founder, chairman and CEO of Alibaba.com, one of the largest B2B online marketplaces in China, and PRC celebrity netrepreneur, reportedly is planning to form a $200 million VC fund for investing in Chinese companies.
Tokio Marine takes over Bushu Pharmaceuticals
Tokio Marine Capital, the Japanese private equity arm of Tokio Marine & Nichido Fire Insurance Co., Ltd. will acquire 100% of Bushu Pharmaceuticals, a provider of drug manufacturing services, from listed company Shionogi Pharmaceuticals.
Blackstone secures three LPs for RMB fund
US investment giant the Blackstone Group has reportedly secured three investors for its first RMB fund; one of them reportedly the National Social Security Fund (NSSF), the PRC’s fast-growing national pension fund.
China Everbright to partner on new energy RMB fund
China Everbright Ltd. and four local enterprises from Jiangyin city in Jiangsu province in eastern China, plan to launch an RMB3 billion ($ 440 million) fund focused on new energy projects and resources.
Gobi, Steamboat invest Yoyi Media
Gobi Partners, the early stage IT and digital media-focused Chinese VC firm, and Steamboat Ventures, the Disney-supported global VC, have invested in Yoyi Media, a China-based provider of online advertising and marketing solutions.
Korea's NPS made 10% return in 2009
South Korea’s $241 billion National Pension Service (NPS), the nation’s biggest LP, boosted its returns last year, posting a 10% return on assets in 2009, according to South Korea’s welfare ministry, following an 0.2% loss in the year before.
MGPA first fund wound up
Macquarie Global Property Advisors (MGPA), the private equity real estate investment group launched by Australia’s Macquarie has wound up its debut $480 million Global Fund I, launched in 1999 targeting Europe and Asia.
Ant Capital will sell Honma Golf to PRC group
Ant Capital Partners, the Japanese private equity firm, and Milestone Turnaround Management, a Japanese business consulting firm specializing in turnaround situations, will jointly sell their more than 50% stake in Honma Golf Co., a privately-held golf...
AIG Nan Shan deal still in the dark
Taiwan’s foreign investment regulator reportedly is still facing discussions in parliament over the now-controversial $2.2 billion sale by American Insurance Group (AIG) of its local Nan Shan Insurance subsidiary to China Strategic and Primus Financial....
Carlyle partners with Fosun for RMB fund, JV
The Carlyle Group has signed a strategic partnership agreement with Fosun Group, the largest privately-owned investment conglomerate in China, to enhance their investment activities in the Greater China market. Both firms will jointly sponsor and manage...
CIC commits $1.5 billion to secondaries
China’s $300 billion sovereign wealth fund, the China Investment Corporation (CIC), has forayed into the fast-developing secondary market by investing $1.5 billion in total in three specialist secondary funds in the West.
Morgan Stanley on track for KKR/TPG CICC exit
US private equity giants Kohlberg Kravis Roberts & Co. (KKR) and TPG Capital have emerged as the final bidders in the auction to take the 34.3% stake in China International Capital Corp (CICC), the nation’s largest investment bank, from Morgan Stanley...
Unison resets controls, salaries
After the tragic incident last year when one of its former partners died just after an official investigation, Japanese buyout firm Unison Capital is planning to move forward by strengthening its internal control systems to prevent any misconduct by its...
J Will Partners sells Japanese senior home
J Will Partners, a Tokyo-based private equity fund specializing in corporate revitalization, will sell its entire holdings in Bon Sejour, a Japanese operator of nursing homes for senior citizens, to Benesse Holdings, a Japanese company focused on education,...
Kirin sells two subsidiaries to Dutch fund H2
H2 Equity Partners, a Netherlands-headquartered private equity firm, will buy two subsidiaries of Kirin Holdings, the Japanese beverages giant.