Articles by Maya Ando
DE Shaw exits DLF Assets
DE Shaw has reportedly sold its 36% stake in Indian property trust DLF Assets, netting some $500 million.
HSBC PE gets Executive Centre
HSBC Private Equity (Asia) Ltd. has acquired a majority stake in The Executive Centre, a manager of premium rental office spaces in Asia, from Marathon Asset Management, a New York-based alternative investment and asset management company with over $11...
Providence, SCPEL, shortlisted for MSM
US TMT-focused buyout firm Providence Equity Partners and Standard Chartered Private Equity, the investment arm of the UK’s Standard Chartered Bank, are reportedly shortlisted to acquire a 40-45% stake in Multi Screen Media Pvt Ltd (MSM), a Mumbai-based...
Daiwa, Wilbur Ross to exit Nikko Electric to PRC
Daiwa Securities SMBC Principal Investment Co. and an investment fund run by American investor Wilbur Ross are reportedly planning to sell their 79.1% stake in unlisted Nikko Electric Industry Co., a Japanese manufacturer of auto parts and accessories,...
StanChart, L Capital on the watch with Sincere
Standard Chartered Private Equity Limited (SCPEL), the investment arm of UK-headquartered Standard Chartered Bank, has led a consortium comprising L Capital, LVMH Moet Hennessy Louis Vuitton’s investment firm, and a former managing director of Peace Mark...
Secured Capital gets Pacific Century Place
Tokyo-based real estate investor/asset manager Secured Capital Japan Co. has reportedly agreed to buy the Pacific Century Place building, in central Tokyo, by year end 2009.
Temasek may invest GMR
Singaporean SWF Temasek Holdings may invest up to $150 million into the power unit of Bangalore-based conglomerate GMR Infrastructure, which has reportedly also been in talks with the Carlyle Group and IDFC Private Equity.
Japan's monster new LP
The tentative merger of Sumitomo Trust & Banking Co. and Chuo Mitsui Trust Holdings Inc., will power up their private equity allocations in Japan after both banks consolidate assets to create the largest trust bank in Japan.
Unitas may sell Buy The Way to Interpark
Unitas Capital may reportedly be about to exit its Korean convenience store investment Buy The Way to Interpark, a local operator of online shopping malls.
DCM invests Japan startup Tonchidot
DCM principal Osuke Honda has led a Series A, $4 million round in Tonchidot Corp., a Japanese-based startup that has captured tech interest for its augmented reality application. Also participating in the deal was seed investor Itochu Technology Ventures....
Lend Lease Corp plans Oz distressed real estate fund
Australian construction and property management solutions company Lend Lease Corp has unveiled plans for a new A$400 million ($366 million) private equity fund targeting a range of commercial properties, from office buildings to shopping centers, currently...
Asian SWFs get real
Asia’s LPs and sovereign wealth funds (SWFs) are becoming increasingly significant investors in global real estate, for a variety of reasons – not least the prospect of all-time bargains in the post-crisis markets.
Hony sells Lenovo Mobile
PRC-focused buyout firm Hony Capital will realize 2x the original investment it made in 2008 for the acquisition of Lenovo Mobile Communication Technology Ltd from its original parent and cornerstone investor Lenovo Group.
Hony sells Lenovo Mobile
PRC-focused buyout firm Hony Capital will realize 2x the original investment it made in 2008 for the acquisition of Lenovo Mobile Communication Technology Ltd from its original parent and cornerstone investor Lenovo Group.
Anchorage seeks share in Mitre 10
Sydney-based private equity firm Anchorage Capital is seeking to buy a 40-49% stake in Mitre 10 Australia Ltd., a struggling hardware supply chain with more than 400 outlets across Australia.
Temasek's Mapletree forms logistics fund with Itochu
Mapletree Investments, the real estate arm of Singapore government SWF Temasek Holdings, will form a ￥50 billion ($562 million) joint fund with Japanese conglomerate Itochu Corp, to build five to ten large logistics centers in Japan by 2014.
MBK can drive your car – maybe
An MBK Partners-led consortium may be on the point of picking up a highly attractive car leasing business from Korean chaebol Kumho Asiana Group, in a perhaps unlikely alliance with the country’s second largest mobile carrier, Korea Telecom (KT).
Carlyle ensures major exit with China Pacific
Carlyle Group-backed China Pacific Life Insurance Co., the Number Three Chinese domestic insurer, is planning to debut on the Hong Kong Stock Exchange with approval from the Chinese government, targeting to raise $3.4 billion, before Christmas 2009.
Unitas may sell Buy The Way to Japanese
Unitas Capital is reportedly in talks with Ministop Co., Japan's fifth largest convenience store chain operator, over the sale of investee Buy The Way, the fourth largest convenience store chain in South Korea.
Taiwan stops Nan Shan deal – temporarily?
Taiwanese regulators have turned down an application from the consortium of Primus Financial Holdings and Hong Kong-listed China Strategic Holdings Ltd., to complete its winning bid for Nan Shan Life Insurance, the Taiwan unit of ailing US insurer American...
Clearwater invests India's Oricon
Leading special situations and private equity investor Clearwater Capital Partners, has invested Rs 35 crore ($7.5 million) in Oricon Enterprises Ltd., a Mumbai-headquartered metal and plastic packing business.
Daiwa Quantum reaches $80m first close
Daiwa Quantum Capital, the private equity joint venture between Daiwa Securities SMBC Principal Investments and Quantum Leaps, has made its first close at $80 million for its debut fund.
KCIC brings Kuwait to China
Kuwait China Investment Company (KCIC), a PRC-focused Kuwaiti investment firm, will open its first office in China, expecting to start operations there in 2010.
JAL targeted by TPG, US airlines
Directly after struggling national carrier Japan Airlines received an up to ￥130 billion ($1.4 billion)