Articles by Paul Mackintosh
Religare announces investment in Landmark Partners for secondaries
Indian financial services group Religare Enterprises Ltd. has announced a strategic investment for 55% of Landmark Partners, a Simsbury, CT-headquartered private equity and real estate investment firm with some $8.5 billion of capital under management,...
Macquarie hires Hassen from Irving Place for oil and gas
Macquarie Group has announced the hire of Thomas Hassen, previously Vice Chairman of New York-headquartered mid-market private equity firm Irving Place Capital, as its Chairman of Global Oil and Gas Banking.
3i's Queen says India "most attractive market in the world" at AVCJ India Forum 2010
Hailing "breathtaking" opportunities in India at the 11th Annual AVCJ Private Equity & Venture Forum India 2010 in Mumbai, Michael Queen, Chief Executive of the UK's 3i Group Plc, remarked that, "when I look around the world, it’s absolutely critical...
QSR process ends without result as Carlyle, CVC turned down
The series of bids for the controlling stake in Malaysian fast-food group QSR Brands owned by parent group Kulim have ended without result for the Carlyle Group and CVC Capital Partners Asia Pacific, with the target turning down all approaches.
Deloitte Technology Fast 500 Asia Pacific shows Australia, Japan surprises, Asia growth
The annual Deloitte Technology Fast 500 Asia Pacific ranking and awards for the region's fastest-growing TMT companies, released today, showed surprisingly strong performance from Australasian and Japanese companies, as well as showcasing an average revenue...
Industry Q&A: Anil Chawla, D.E. Shaw
Anil Chawla, India Country Head at D.E. Shaw, explains the firm’s nimble and flexible approach to investing in a market that requires in-depth knowledge and expertise.
What to do in China?
The recent news that China's State Administration of Foreign Exchange has granted the $3 billion RMB foreign exchange quota necessary to kick off the Qualified Institutional Limited Partner (QFLP) scheme in Shanghai seems to have sparked off quite a few...
HSBC Private Equity Asia completes spinout as Headland Capital Partners
The management team who led HSBC Private Equity Asia have now announced the completion of its buyout from parent HSBC with the launch of Headland Capital Partners Ltd., under George Raffini and Marcus Thompson, Managing Partners of the new firm.
Actis announces new China, India partner promotions
Actis has announced the promotion of four of its directors to partner status, all of them in Asia: Tao Sun and Dong Zhong, based in Beijing; and Sanjiv Aggarwal and Shomik Mukherjee, both based in Mumbai.
Macquarie, Forum commit to Crescent Australia investee Bluestone
Macquarie Bank is to acquire around 17.5% of Australian capital and asset management business Bluestone Group, already invested by Crescent Capital Partners, while real estate investment firm Forum Partners is refinancing some A$20 million ($19.2 million)...
JC Flowers, GIC may team up for Brazil: reports
JC Flowers & Co., the US buyout firm associated with iconic Asian deals such as Shinsei Bank, and the Government of Singapore Investment Corporation (GIC) may be teaming up to take a 15% stake in Brazilian lender Banco BTG Pactual SA for around $1.5 billion,...
ADB announces two new clean energy fund investments
The Asian Development Bank has announced investments of $20 million each in two new Asia-focused clean energy funds: the Clean Resources Asia Growth Fund, backed by CLSA Capital Partners, and the Renewable Energy Asia Fund, supported by UK-headquartered...
Rockley Group expands PRC fund to $200 million with Shanxi
UK technology investment firm the Rockley Group has announced the expansion of its Rockley China Fund from $100 million to $200 million, following an agreement with Shanxi Small and Medium Enterprise Investment Corporation (SSMEIC), a PRC tech VC fund...
CVC stalled in QSR process against Carlyle, KKR rumored: reports
The newly formed consortium of CVC Capital Partners Asia Pacific and Malaysian group Idaman Saga has failed to top a bid by the Carlyle Group for QSR Brands Bhd, the local food services group that controls franchises for Kentucky Fried Chicken plus Pizza...
VicSuper reduces private equity allocations
Australian superannuation fund VicSuper has announced a reduction in its allocation to private equity as the result of changes in its strategic asset allocation.
Carlyle makes opportunistic bid for Malaysia's QSR Brands
The Carlyle Group has informed palm oil and plantation giant Kulim that it wants to acquire its majority stake in Malaysian integrated food services business QSR Brands Bhd, according to reports.
Goodman Fielder CFO Goldsmith to join TPG as advisor
Australian baking and dairy group Goodman Fielder has announced that its Chief Financial Officer, David Goldsmith, is leaving the company to join TPG Capital as a senior adviser.
Lin leaves ID TechVentures
Jacky Lin, a Partner at ID TechVentures working in mainland China, has left the firm.
Sequoia exits Pangea3 via sale to Thomson Reuters
Sequoia Capital India has confirmed the sale of its portfolio company Pangea3, a leading legal process outsourcing business, to Thomson Reuters, for an undisclosed amount.
Shanghai RMB QFLP program still missing key steps
Latest reports indicating that China's State Administration of Foreign Exchange (SAFE) has approved a $3 billion quota for the Shanghai municipal government to allow foreign currencies to be converted into RMB for investing into local private equity funds...
ADB to invest India renewable energy JV
The Asian Development Bank has announced a JV agreement with India's NTPC Ltd. and Japan's Kyushu Electric Power Company to develop and operate 500MW of renewable power projects in India, and to invest up to $40 million for 25% of the operating company....
DLA Piper engages Xu for Shanghai private equity/M&A work
DLA Piper has appointed Kaichen Xu to its Shanghai office as Of Counsel in its Corporate Group, to support the law firm's Greater China practice in private equity, VC and M&A work.
Audley Capital launches activist resources fund
Activist investor Audley Capital has announced the launch of its Audley Natural Resources Fund, which seeks to take positions worldwide in companies exposed to "a high level of strategic interest from China, India and Brazil," with a $50 million launch...
Carlyle, KKR may back Hana KEB buy: reports
The Carlyle Group and Kohlberg Kravis Roberts & Co. have been cited as potential financial backers of Hana Financial Group's acquisition of Korea Exchange Bank (KEB) from Lone Star Funds for $4 billion, according to reports.