Articles by Paul Mackintosh
CX debuts with Monnet Ispat investment
CX Partners has reportedly acquired an 8% stake in Indian steel and power group Monnet Ispat and Energy for some $34 million in a secondary market trade, in its first investment since its formation in 2008.
CIC recruits Peng, Fan, from SOE banks
The China Investment Corporation, China's $300 billion SWF, has engaged Fan Yifei, formerly an executive vice president at China Construction Bank (CCB), as an EVP, as well as Bank of Communications (BoCom) EVP Peng Chun as President of its domestic investment...
Unison picks up bigger Ucom stake
Japanese independent buyout firm Unison Capital is picking up a controlling stake in Ucom Corp., a local fiber optic Internet comms business, from parent Usen Corp.
OrbiMed invests Bharat Serums
Healthcare specialist investor OrbiMed Advisors has invested an undisclosed amount in Indian pharma biotech business Bharat Serums and Vaccines Ltd., in its second deal on the Subcontinent.
Colony recruits former TPG partner Chang
US $39 billion real estate-focused group Colony Capital has recruited Justin Chang, formerly a partner with TPG Capital in Hong Kong, as a principal, to be based in Santa Monica, CA, and focus on extending Colony's investments into energy, healthcare,...
Blackstone invests world's biggest newspaper with Jagran
In its latest India deal, the Blackstone Group is planning to invest some $50 million in the holding company of print media player Jagran Prakashan, for an undisclosed minority stake.
Telstra recruits Talevski from JANA
Australia's largest corporate superannuation fund, Telstra Super, has recruited Robert Talevski, hitherto a senior private equity specialist with its asset consultant, JANA Investment Advisers, to help manage its private equity program.
Kump leaves DIC for Carlyle
Eric Kump, former MD and head of the European buyout team at Dubai International Capital (DIC), has now joined the Carlyle Group as an MD with its Carlyle Europe Partners European LBO team.
Primus acquires Chapdelaine
A unit of Primus Financial Group has acquired a controlling stake in Chapdelaine & Co., a New York-headquartered leading player in the US inter-dealer/broker (IDB) fixed income and municipal bond brokerage markets, with a view to expanding its operation...
Matrix invests Bhartiya Samruddhi Finance
Matrix Partners India has participated in a $26.6 million investment round into Bhartiya Samruddhi Finance Ltd. (BSFL), a microfinance and livelihood promotion business founded by social entrepreneur Vijay Mahajan.
Siebert goes native with Macquarie
Mike Siebert, hitherto an associate at Partners Group, has been recruited as a portfolio manager for the private equity arm of Macquarie Funds Group, to build the group's European capabilities.
Jacob Ballas invests SEW Infrastructure
Indian private equity investor NYLIM Jacob Ballas has made a $34 million investment into SEW Infrastructure, a Hyderabad-headquartered engineering and construction company specializing in hydroelectric power, irrigation, roads and urban infrastructure....
Carlyle Taiwan Mobile deal hits snag
The Carlyle Group's $1 billion investment into Taiwan Mobile, the island's second largest mobile carrier, has encountered a regulatory problem related to the target's part-public ownership.
CLSA invests India microfinance
CLSA Capital Partners has invested $24 million for a minority stake in Equitas Micro Finance India, a Chennai-based company providing microfinance to Indian low-income households.
Hopu leads Winsway coke deal
Hopu Investment Management has led a $110 million investment for around 20% of Winsway Coking Coal Holdings, a PRC coal logistics company.
Legend Capital plans RMB fund
Legend Capital, the VC investment arm of PRC computer pioneer Lenovo Group, is planning to raise an RMB1 billion ($146 million) fund this year, according to MD and co-founder Chen Hao.
Bain ups Himadri stake
Bain Capital has increased its stake in Indian chemicals play Himadri Chemicals & Industries Ltd., its first India investment, from 15% to 25%, paying $35 million.
Hahn leaving MSPE
Scott Hahn, MD and Chief Investment Officer of Morgan Stanley Private Equity (MSPE) Asia, is leaving the firm, and is rumored to be contemplating a fund of his own.
Norwest, Matrix invest Quikr
Norwest Venture Partners and Matrix Partners India have led a $6 million third investment round into leading Indian online classified ads portal Quikr.com, in partnership with Omidyar Network and eBay Inc.
HSBC Infrastructure III first close on $580 million
HSBC has had a first close on its fourth and latest infrastructure vehicle, HSBC Infrastructure Fund III, at $580 million, against a final target of $1 billion.
New Silk joins Coffee Day party
New Silk Route Partners has joined Kohlberg Kravis Roberts & Co. and Standard Chartered Private Equity Ltd. as an investor in VG Siddhartha holding company Coffee Day Group, adding $75 million to bring total private equity fundraising to $200 million....
SFERS backs CHAMP III
US LP the San Francisco City and County Employees Retirement System (SFERS) is committing around $18.42 million to Champ III, the currently-raising fund from Australia's CHAMP Private Equity, as part of its latest round of private equity investments....
Citi confirms Jhaveri as India head
Citigroup has confirmed the appointment of Pramit Jhaveri as its new head of operations in India, under the title of Citi Country Officer (CCO).
ICICI, Carlyle, Sequoia invest India's Star Health
A consortium including ICICI Venture, the Carlyle Group, and Sequoia Capital India is completing the first private equity deal in India's health insurance space, with a $100 million investment in Star Health and Allied Insurance Co. Ltd.