Articles by Susannah Birkwood
SC Lowy in talks for $125m Kingfisher deal - report
Distressed debt specialist SC Lowy is said to be in talks with India’s second-largest airline, Kingfisher, about a possible $125 million investment.
CEC to raise $300m China fund
Hong Kong-based private equity firm China Enterprise Capital Management (CEC) is said to be planning to raise up to $300 million for a third fund which will focus on consumer deals in mainland China.
Red Fort closes second real estate fund at $500m target
Red Fort Capital has completed a final close of its second real estate fund at $500 million, coming mere weeks after the firm said it was targeting this amount from investors.
Olympus invests $100m in DM Healthcare, India Value Fund exits
Olympus Capital Asia Investments has invested more than INR5 billion ($100 million) for a minority stake in DM Healthcare, in a deal which enabled existing investor India Value Fund to exit the company.
IPO woes: Looking for an exit
With the public markets all but closed for IPOs, what other exit routes are available to investors?
KKR, Temasek circle India's TVS Logistics – sources
Private equity giant KKR and Singaporean sovereign wealth fund are among four PE investors said to be in talks to invest around $50 million in Indian logistics company TVS.
Apollo joins Carlyle in $2b race for Brambles Recall unit
Three buyout firms, including Apollo Global Management, have joined The Carlyle Group in making bids worth more than $2 billion for Recall, the document management business of Australian firm Brambles.
Morgan Stanley extends property fund's investment period - report
Morgan Stanley Real Estate Investing has received approval from LPs to increase the investment period of its $4.7 billion property fund, Morgan Stanley Real Estate Fund (MSREF), by one year.
IL&FS invests $39m in Indian real estate project
IL&FS Investment Managers (IIML) has invested INR2 billion ($38.8 million) for a 9.4% stake in a firm that is developing the Bharat Mills real estate project.
GIC-backed Fortis Healthcare India bolts on Fortis International
Fortis Healthcare, the listed India-based chain of hospitals backed by Government of Singapore Investment Corp. (GIC), has completed the bolt-on acquisition of Fortis Healthcare International for $665 million.
Nomura postpones India infrastructure fund - sources
Japanese financial group Nomura Holdings has postponed its plans to launch a $500 million India-focused infrastructure fund due to the uncertain economic environment.
SCF and Vibernum in Vautron buyout
US private equity firm SCF Partners and Australia’s Viburnum Funds have acquired a majority stake in the newly created Vautron Group as part of a buyout transaction.
PE investment in Indian real estate up 69% in 2011
Private equity investment in Indian real estate firms increased by 69% to $2.68 billion in 2011.
Adveq set to increase China investment to $550m
China will remain the focal point of international institution investors for the next 10 years, according to Adveq Management. The private equity fund-offunds manager plans to increase its investment in China to RMB3.5 billion ($554 million) over the...
Mayfield fund completes its exit from Fourcee
Mayfield India Fund has completed its exit from Fourcee Infrastructure Equipment, coming as General Atlantic (GA) invested up to $125 million as part of a third round of funding for the logistics company.
L Capital backs Chinese clothes maker Xinhe
Private equity firm L Capital Asia, sponsored by multinational luxury brand LVMH, has supported Xinhe Fashion by increasing its investment to become the company’s second-largest equity stakeholder.
Grant Thornton India hires Munesh Khanna as senior partner
Accounting firm Grant Thornton India has hired Munesh Khanna as its new senior partner for M&A and private equity in the country.
INCJ expects more overseas deals in 2012
Innovation Network Corp of Japan (INCJ) has said that it plans to invest more in overseas acquisitions by Japanese companies this year.
Beacon India buys 1% of Bay Capital-backed Sterling
Growth capital firm Beacon India Private Equity has acquired close to 1% of listed hospitality firm Sterling Holiday Resorts, which is backed by Bay Capital Investments.
Lunar Capital backs Chinese babywear firm
China-focused private equity firm Lunar Capital has backed the management buyout of babywear company China Yeehoo Apparel for an enterprise value in excess of $100 million.
Profile: Longreach Group's Mark Chiba
A student activist turned career investment banker, Mark Chiba set up Longreach Group as a Japan-focused buyout firm with old-fashioned values.
'Sweat equity' wins Lunar $100m Yeehoo deal
China-focused private equity firm Lunar Capital has backed the management buyout of babywear company China Yeehoo Apparel for an enterprise value in excess of $100 million.
Big money deal for big data giant Mu Sigma
The amount of data in the world doubles every 18 months. Thanks to social networking, internet-enabled mobile phones and government surveillance, five times more digital information will be created this year than in 2008, according to market intelligence...
PEP to stick with $730m offer for Spotless
Pacific Equity Partners (PEP) said its $730 million bid is a compelling offer for Spotless Group, in a move which appears to rebuff the cleaning services company’s demand for a higher price.