Articles by Maya Ando
Henderson Private Equity invests $10m in IPE Global
Henderson Equity Partners has paid $10 million for a 26% stake in Delhi-based Infrastructure Professionals Enterprise (IPE Global), a consultancy specializing in infrastructure development projects. The investment was made through Henderson Asia Pacific...
PAG makes first close on Asia buyout fund at $1.7b
PAG Asia Capital has made a $1.7 billion first close of PAG Asia I LP, a pan-Asia private equity buyout fund. The private equity firm is targeting a final close of $2.5 billion in the next few months.
CVC takes additional $29m from Samsonite IPO over-allotment
CVC and Royal Bank of Scotland made an additional $46 million from Samonsite's Hong Kong IPO after underwriters exercised the over-allotment option to meet demand for the shares. The luggage maker's IPO initially raised $1.25 billion and the stock slumped...
Tokyo Marine, Mitsui launch $123m solar energy fund
Tokio Marine Asset Management and Mitsui & Co. are reportedly set to jointly launch a solar energy investment fund with a targeted corpus of JPY10 billion ($123.3 million). Institutional investors, such as pension funds and life insurers, have been approached...
India's L&T sees $75m in pre-IPO raise
L&T Finance Holdings, a subsidiary of Indian engineering conglomerate Larsen & Toubro, has raised $75 million through a pre-IPO share placement to US private equity fund Capital International, according to a statement sent to the Bombay Stock Exchange....
Thailand state pension fund may start investing overseas
Thailand Government Pension Fund (GPF), the sovereign wealth fund with assets totaling THB400 billion($13.2 billion), plans to invest overseas later this year. It is likely to target real estate funds, according to reports.
Pegatron, Mitsui invest in Israel's Valens Semiconductor
Taiwan-based Pegatron and Japan's Mitsui & Co. Global Investment have participated in a $14 million Series B financing round for Israeli firm Valens Semiconductor.
IDG invests in Hong Kong's App Annie
IDG Capital Partners has participated in the first round of private equity financing round for App Annie, a Hong Kong-based analytics and marketing intelligence provider. The size of the investment has not been revealed.
Korean financial plays are not for foreigners
The Woori and Mirae Asset Life Insurance deals are cause for hope, but foreign PE may still find life difficult
Sequoia bets on India's snack food potential
Indian snack food maker Prakash Snacks has secured its first round of private equity financing from Sequoia Capital, believed to be worth $25-30 million. Financial details were not disclosed, but local media reported that the Silicon Valley growth capital...
Blackstone, GIC unit look at LaSalle Japanese realty assets
Blackstone Group and Global Logistic Properties, which is majority-owned by the Government of Singapore Investment Corp. (GIC), are involved in separate talks to buy 20 industrial properties in Japan, the Wall Street Journal reported. The assets, thought...
TPG hires Bain Capital's MD for its China team
TPG Capital has recruited Jingsheng Huang, a Shanghai-based managing director at Bain Capital, as it looks to boost its China expertise. He is expected to start his new role in late August, Reuters reported.
GSR Ventures closes fourth fund at $350m
GSR Ventures has closed its fourth fund at $350 million after it was substantially oversubscribed. The firm, which focuses on early-stage technology deals in China, said that existing investors contributed over 80% of the capital.
PAI sells Kwik Fit to Japanese conglomerate Itochu
French private equity firm PAI Partners has completed the sale of UK auto parts dealer Kwik Fit to Japanese trading conglomerate Itochu for £637million ($1 billion), which includes the acquisition of £457 million ($733 million) in debt.
Lone Star, Hana extend KEB talks to December
Lone Star will have to wait until December to sell its controlling stake in Korea Exchange Bank to South Korean financial conglomerate Hana Financial for $4.3 billion.
Nomura to launch India infrastructure fund in September
Nomura Holdings plans to launch its $500 million India-focused $500 infrastructure fund in September, according to Vikas Sharma, the Japanese asset manager's country head for India. The launch date is a couple of months later than originally expected....
SCPE takes 49% stake in Doosan Industrial Vehicle
Standard Chartered Private Equity (SCPE), has taken 49% stake in South Korea’s largest forklift manufacturer Doosan Industrial Vehicle (DIV) for undisclosed sum. Sources indicate the deal is worth about $230 million.
OPIC to support Asia's energy spaces
OPIC, a US government-backed development finance institution, has approved a $62 million capital injection into the Renewable Energy Asia Fund, which has so far raised $125 million.
Malaysia, Singapore SWFs jointly develop realty projects
Sovereign wealth funds Khazanah Nasional Berhad of Malaysia and Temasek Holdings of Singapore have established a 60/40 real estate joint venture, respectively, called M+S Pte. Ltd. to develop four land parcels in Singapore's Marina South and Ophir-Rochor...
Vogo, Tstobe, MBK participate in South Korea's Woori auction
Three South Korean private equity funds, Vogo Fund, Tstone and MBK Partners, have emerged as potential bidders to purchase the government's 57% controlling stake in Woori Financial Holdings, worth an estimated $6 billion .
CLSA Capital Partners appoints new fundraising head
CLSA Capital Partners has appointed Juliana Wood to lead its marketing and fundraising operations from Singapore. In this capacity, she will report to COO Randy Wilbert.
KKR gets green light for Saudi Arabia operation
KKR has been awarded a license to operate in Saudi Arabia. The private equity firm sees considerable fundraising potential in the country in addition to investment opportunities across the region.
Japanese GPs prepare for a smaller future
Consolidation is in the cards as Japan’s private equity industry focuses on mid-cap plays rather than buyouts
Japanese GPs still see opportunities
Private equity investors are thinking twice about trouble-hit Japan, but reports of its demise are greatly exaggerated