Articles by Paul Mackintosh
Wilshire fundraising hit as Ennis resigns
Fund-of-funds Wilshire Private Markets has reportedly delayed its latest fundraising following the resignation of Jeffrey Ennis, its CIO and the latest senior executive to quit the firm within a year.
TPG exits Parkway for $685 million
TPG Capital has sold its 23.9% stake in Singapore hospital operation Parkway Holdings to Indian healthcare group Fortis Healthcare for $685.3 million.
Hu leaves Goldman for own fund
Dr Fred Hu, Managing Director and Chairman of Greater China at Goldman Sachs, is reportedly following a recent trend by quitting the star investment bank after only two years in his current role to launch his own private equity fund.
Actis said nearing compromise with Nilgiri promoters
Emerging markets investor Actis Capital is reportedly nearing agreement with the promoter family behind Indian investee Nilgiri Dairy Farm, after legal and other disputes apparently brought Actis close to exiting its $65 million stake.
PineBridge Pacific Century sale hits fresh delay
The completion of American International Group's sale of its $87.3 billion asset management business, including some $27.3 billion of private equity assets, to Richard Li-backed Pacific Century, reportedly may face further delays, as Hong Kong police...
Lone Star KEB stake sale resumes
Lone Star Funds' sometimes controversial investee Korea Exchange Bank has stated that the investor's long-delayed trade sale exit from its 51% stake is about to resume.
IL&FS invests The Mobile Store
IL&FS Investment Managers has reportedly taken a 10% stake in Indian handset retail chain The Mobile Store, owned by the Essar Group, for some $22 million.
Symphony partially exits Strides Arcolab
Symphony Capital has sold shares in its long-term Indian medical investment Strides Arcolab, equivalent to just under $5 million.
The Great Arbitrage
In this week's Editor's Viewpoint, Brent Nicklas of Lexington Partners shares a key strategic insight with Paul Mackintosh, AVCJ Managing Editor.
Taiwan regulator confirms Nan Shan sale terms
Taiwan's Financial Supervisory Commission has confirmed its five conditions for allowing the prospective buyers of Nan Shan Life Insurance, including Primus Financial Holdings, to acquire the local insurance major from American International Group.
Oz LP moves bring Myer's Eliopoulos to Telstra, Connolly to Russell
Turnover among senior Australian LP personnel is seeing John Eliopoulos, formerly CIO with the Myer family office, to pension fund Telstra Holdings as head of domestic equities, while Nicole Connolly, hitherto portfolio manager for alternatives at Telstra,...
General Atlantic investee Zhongsheng resets IPO
General Atlantic China investee car dealer Zhongsheng Group has reportedly begun bookbuilding for its Hong Kong IPO, initially targeting to raise $800 million-$1 billion, after postponements that came close to cancellation, according to earlier reports....
Guillot joins CalPERS as COIO
Janine Guillot, formerly MD and COO for fixed income at Barclays Global Investors, is joining the California Public Employees’ Retirement System (CalPERS) as its new chief operating investment officer, under CIO Joseph Dear.
Mayfield, SIDBI invest Indian infra with Fourcee
Mayfield India Fund and SIDBI Venture Capital have committed $11 million to Fourcee Infrastructure Equipment, a Mumbai-based provider of liquid cargo logistics equipment and solutions.
Temasek, New Silk, New Vernon, Kotak steer 9X sale to Zee in partial INX exit
Temasek Holdings, New Silk Route, New Vernon Private Equity Fund and Kotak Private Equity may see a partial exit from their loss-making Indian media investee INX Media, with the sale of its 9X entertainment channel to the Subcontinent's largest media...
Intel to buy Fidelity's India MCX stake
Intel Capital is reportedly going to acquire 2% of the stake in India's Multi Commodity Exchange (MCX) held by Fidelity International.
Denham sells Trinity Coal to India's Essar
US private equity firm Denham Capital has agreed the sale of its US mining asset Trinity Coal to Indian industrial conglomerate Essar Group for $600 million.
DE Shaw for Shanghai, Tokyo
US $24 billion hedge fund and alternative assets investor DE Shaw is reportedly planning offices in Shanghai and Tokyo, with the Shanghai office targeting direct investments and other areas of the firm's private equity arm.
KKR India recruits Sen from Citi
Kohlberg Kravis Roberts & Co. has reportedly recruited Abhijit Sen, formerly CFO and CAO of Citi in India, as its new CFO for KKR India.
Intel, Sequoia invest July Systems
Intel Capital has led a Series C funding round of $7 million, alongside previous investors Sequoia Capital and Footprint Ventures, in mobile media company July Systems, founded by Indian technopreneur Rajesh Reddy.
Fresh Coffee Day funding reports continue
Indian media are continuing to report that VG Siddhartha-backed holding group Coffee Day Holdings is about to receive funding of around $75 million, purportedly from Standard Chartered Private Equity Ltd. (SCPEL), with Kohlberg Kravis Roberts & Co. and...
Warburg Pincus India head Khanna quits
Rajesh Khanna, Managing Director and head of Indian operations at Warburg Pincus, has reportedly left the firm, seeking to establish his own fund.
Actis recruits Soh from Temasek
Leading London-headquartered emerging markets investor Actis has recruited Lionel Soh, a former associate director of investments at Temasek Holdings, as a director for its Singapore office.
Merrill's Boston joins CP Eaton to lead private equity
Loren Boston, formerly Managing Director and Global Head of Origination for Merrill Lynch’s Private Equity Funds Group, comments to AVCJ following the news that he has joined leading placement agent CP Eaton Partners as an MD and member of the management...