Articles by Paul Mackintosh
Macquarie plans Korea infrastructure fund II
Macquarie Group is reportedly looking to launch a new infrastructure vehicle in Korea, Macquarie Korea Opportunities Fund II, as a follow-on to its successful Korean infrastructure fund, potentially targeting up to $1 billion.
Baring investee Yingde Gases lists in Hong Kong
Baring Private Equity Asia investee Yingde Gases Group Co. Ltd., one of China’s largest independent industrial gas suppliers, has listed on the Hong Kong Stock Exchange.
China au contraire with Dr. Jim
Asianomics founder Dr Jim Walker gives disturbing heft to the idea that appearances can be deceiving, and never more so than with economic assumptions in Asia
PEP lifts Energy Developments bid
Leading Australian buyout player Pacific Equity Partners has reportedly increased its bid for Queensland-headquartered Energy Developments Ltd, which has been seeking a buyer since July 2008, to some A$431 million ($395 million), seeking to acquire the...
Emergency in emerging markets?
Just a few months ago, it seemed that emerging markets could do no wrong.
Actis, CDC may sell Swaraj stake to Tata
UK emerging markets investor Actis may reportedly be about to exit its 7.74% investment in India’s Swaraj Mazda.
TheFaceShop - beautiful returns for investors
Affinity Equity Partners has pulled off a highly lucrative exit long rumored by AVCJ sources with its sale of Korean cosmetics investment, TheFaceShop, to Korean strategic buyer LG Household & Health Care Ltd., a division of LG Group.
Coffee Day for StanChart, Temasek, KKR?
Standard Chartered Private Equity Ltd. and Singapore’s Temasek Holdings are reportedly considering a $100-150 million investment into Bangalore-headquartered Coffee Day Holdings, a major Indian coffee growing and retailing concern.
GMR may raise $450m from 3i, Macquarie SBI
Bangalore-headquartered Indian infrastructure major GMR Group is reportedly seeking up to $450 million from 3i Group and the Macquarie SBI Infrastructure Fund for a minority stake in its GMR Airport Holdings subsidiary.
Hopu dodges loss on Minsheng IPO
Hopu Investment Management, cited as a potential cornerstone investor in the Hong Kong IPO of China Minsheng Banking Corp. until days before the latter’s listing, appears to have dodged a bullet.
Istithmar selloff possible as Dubai struggles
Istithmar, the alternative investment arm of government holding company Dubai World, now burdened with some $60 billion of debt, may soon sell off key property and other assets to support its struggling parent.
PRC M&A in the spotlight
China M&A, as with so much else in the PRC, could be characterized as having a good crisis.
China M&A builds up steam
In a sense, Chinese merger and acquisition activity exhibited a split personality over the first half of 2009.
MEACP plans clean shariah fund tranche
Singapore- and Indonesia-based investment firm Middle East & Asia Capital Partners Pte. Ltd. (MEACP), founded by former EMP Bahrain head Mumtaz Khan, is reportedly aiming to add a shariah-compliant component to its Middle East & Asia Capital Partners...
PRC central government announces VC fund plans
China’s central government has announced on the State Council website its plans for national-government-backed VC funds, to operate alongside local government and private funds.
Sina taps CITIC, FountainVest, Sequoia for $180 million
Sequoia Capital, FountainVest Partners and CITIC Capital Holdings have reportedly agreed to finance leading PRC web portal Sina in a $180 million management buy-in to reinforce the positions of CEO Charles Chao and other senior executives.
ACCION invests Saija Finance
Microfinance investor ACCION International has made its fourth investment in India
3i targets Asia as shares slide
UK-headquartered LSE-listed private equity major 3i Group saw its stock slide by some 6.5% after its latest figures for its net asset values per share missed estimates
Fundraising shows signs of life – but not as we know it?
Fundraising seems to be showing life at last, but in some unfamiliar forms.
7 Days soars on NYSE debut
7 Days Group Holdings Ltd, the Actis and Warburg Pincus-backed discount Chinese hotel chain, listed on the NYSE at close to the top end of its target range, or $11 per share.