Articles by Paul Mackintosh
Hoo moves from Hastings to Orrick
Respected private equity lawyer Maurice Hoo is moving from Paul, Hastings, Janofsky & Walker to Orrick, Herrington & Sutcliffe, to co-head Orrick's global private equity practice.
Advantage exits Daiei to DB, others
Advantage Partners has sold its entire remaining 11.7% voting stake in Japanese retailer Daiei for around $106 million to Deutsche Securities, an arm of Deutsche Bank, which is holding the stake temporarily for client trading purposes.
NPS may join on KEB
Korea's National Pension Service may participate in the acquisition of Korea Exchange Bank from Lone Star Funds, according to Korean reports.
CVC Capital Partners backs Sun Hung Kai Financial
CVC is making a commitment of around $220 million to one of Hong Kong’s longest-established and best-regarded non-bank financial groups, Sun Hung Kai Financial (SHKF), in a deal described as a strategic alliance, to support the rollout of its consumer...
StepStone's Brem bound for Beijing
Monte Brem, founding CEO of advisory firm StepStone Group, is looking to roll out what he says is the hitherto imperfectly represented discretionary/advisory approach for asset allocation and LP support in Asia Pacific.
Bery claims $30.8 million from JPM
Varun Bery, and co-founder of TVG Capital Partners, and later co-head and MD of JPMorgan’s private equity investment arm in Asia Pacific, JPMorgan Private Capital Asia, is now suing the bank over $30.8 million.
Deal drivers across Asia Pacific
As three-figure deals on both the entry and exit side – and in the case of some secondary transactions, both – start to rack up across the region, 2010 is already looking like a bustling year for Asia Pacific.
Know your limits
One of the most interesting findings in Squadron Capital’s Asia Pacific Private Equity Fund Terms Survey on regional adherence to the International Limited Partners Association principles on fund t&c was not about the ILPA Principles at all.
Myo gets DBS backing for Asia distress
Myo Capital Advisers, the distressed debt/special situations investor, has announced a commitment of up to $150 million from DBS Group as a cornerstone investor in its first fund.
Carlyle may part exit Claris
The Carlyle Group is likely to exit at least part of its almost 14% stake in Indian drugs firm and IPO candidate Claris Lifesciences, according to reports.
China Select gets Suzhou RMB OK
China Select Capital Partners Corp., a Toronto Venture Exchange-listed asset management and investment firm, has announced that it has received approval from the municipal government overseeing Suzhou Industrial Park to manage RMB funds in China.
Garg leaves Bessemer seeking semi role
Devesh Garg is leaving his post as Managing Director with Bessemer Venture Partners in India to seek positions at semiconductor companies in the US.
Shanghai Ventures invests Advantech
Shanghai Ventures has announced a $14 million co-investment with the Pan family of Chinese entrepreneurs in Advantech Global Ltd., a US thin-film transistor manufacturer founded by Dr Peter Brody, the inventor of active-matrix LCD technology.
SC Asia sells DLF stake for $696 million
Private equity investor SC Asia has sold most of its stake in DLF Assets, an Indian real estate management and investment firm, to its parent DLF Ltd., for some $696 million.
Bain moving Sarkis to Asia
Bain Capital is relocating Walid Sarkis, a Managing Director and one of the founders of its European operations, from London to Hong Kong, where he will help drive the firm's regional operation.
OB refinancing, IPO on cards
Several banks have submitted unsolicited proposals for the refinancing of the $1 billion five-year leverage loan that underwrote Kohlberg Kravis Roberts and Affinity Equity Partners' $1.8 billion buyout of Korea's Oriental Brewery in 2009, amid talk of...
Origo signs Xinxiang RMB enviro fund MOU
Origo Partners, an AIM-listed China and India-focused investment firm, has signed an MOU with the Xinxiang Municipal Government in Henan province in northeast China, to set up the RMB-denominated Origo China Sustainable Development Fund.
MBK exiting CNS
MBK Partners has hired Morgan Stanley to advise on an exit for its Taiwanese cable investee China Network Systems, which could fetch up to $2 billion.
PEP, CHAMP in Loscam second round?
CHAMP Private Equity and Pacific Equity Partners have been instanced as potential buyers in a second bidding round for the putative A$500-700 million ($460-640 million) sale of Affinity Equity Partners Australian investee Loscam.
Bessemer, Olympus investee Orient Green Power plans IPO
Bessemer Venture Partners and Olympus Capital investee Orient Green Power Company, a renewable energy developer, has filed with SEBI in India for an IPO, seeking to raise over $200 million.
ING picks up Creed real estate fund in Japan
ING Group's Asian real estate division has taken over Creed Real Estate Partners, a $1.1 billion Japanese office, residential and retail asset investment fund.
Bain's Gome could face fines in Huang trial
Huang Guangyu, the founder and former chairman of Bain Capital investee Gome Electrical Appliances Holdings, has gone on trial in Beijing, charged with illegal business operations, insider trading and bribery.
Hopu picks up Yurun stake
In more Hopu Investment Management news, the firm has led a consortium that purchased a 4.3% stake in China Yurun Food Group Ltd. for around $235 million.
Hopu, CDB in Indonesia rail move
In its latest diversification move, Hopu Investment Management has partnered with an investment unit of China Development Bank to help fund a $1.3 billion rail project with Indonesian state coal miner PT Tambang Batubara Bukit Asam.