Articles by Andrew Woodman
Archer-owned Australian Aged Care buys Lend Lease's care unit
Australian Aged Care Partners, an Archer Capital portfolio company, has agreed to buy property group Lend Lease's aged care unit for A$270 million ($276 million). The transaction is expected to be completed by the end of March 2013.
IAN, Sequoia swap Jigsee holding for Vuclip stake
Indian Angel Network (IAN) and Sequoia Capital have become shareholders in VC-backed XinLab, which operates under the brand Vuclip, following its acquisition of mobile video start-up Jigsee in an all-stock deal.
NZVIF receives $49m underwrite for new fund investments
New Zealand Venture Investment Fund (NZVIF), a venture capital fund-of-funds, will receive a NZ$60 million ($49 million) underwrite facility from the New Zealand government.
AID Partners buys HMV's Asia operations
AID Partners has bought music and movie retailer HMV's operations in Hong Kong and Singapore, plus all its licenses in mainland China, Macau and Taiwan.
Temasek unit completes Singapore's biggest IPO in two years
Mapletree Greater China Commerical Trust (MGCCT), a unit of Temasek Holding's real estate arm, has raised $1.3 billion in Singapore's biggest IPO in two years.
IREIFS allocates $500m for Australasian investments
Global boutique PE firm International Real Estate Investment & Financing Solutions Group (IREIFS) has allocated $500 million to invest in Australia and New Zealand.
Korea's AmorePacific leads pharma firm's Series B round
AmorePacific Ventures, the VC arm of Korea's largest cosmetics group, has led a $7 million Series B round of investment in Miami-based Brickell Biotech, a pharma firm specializing in skin conditions. Further details of the deal were not disclosed.
OrbiMed launches Asia healthcare fund
Healthcare-focused PE firm OrbiMed Advisors will launch its second Asian healthcare fund towards the end of 2013, with a target of $500 million.
Going walkabout: Australian outbound investment
Taking portfolio companies from Australia into Asia represents a major opportunity for private equity. Pan-regional funds see it as a key part of their strategy, but can domestic players join the party?
Origo sets up Myanmar joint venture
Origo Partners and Myanmar-based Serge Pun & Associates (SPA) have formed a joint venture in Myanmar to identify investment opportunities across the natural resources and other sectors.
Indonesian incubator Grupara invests in fashion site
Indonesian venture capital firm Grupara has invested in men's fashion e-commerce site Maskool.in for an undisclosed amount.
Provident increases stake in mining firm Sumatra
Provident Capital Partners has upped its stake in Sumatra Copper & Gold, an Australian-listed mining company operating on the Indonesian island of Sumatra. The investment forms part of A$63 million ($64 million) in debt and equity funding for the company's...
Carlyle upbeat on Japan, expects to launch new fund in 2013
The Carlyle Group says it has already begun preliminary talks with investors for a third Japan fund, and remains upbeat about opportunities in the country's buyout space.
Ireo to invest $700m in hotel chain
India real estate investor Ireo will pump $700 million into luxury residences and hotel development in Gurgoan. The fund has tied up with the global hotel chain Hyatt to manage the project.
WestBridge, TA commit $44m to India's Dr Lal Pathlabs
WestBridge Capital and TA Associates have jointly invested $44 million in Dr Lal PathLabs, a diagnostics and pathology services firm headquartered in Gurgoan, India.
Everbright to support Termbray Petro-King's Hong Kong IPO
Everbright Private Equity will participate as a cornerstone investor in Termbray Petro-King Oilfield Services' HK$847.5 million ($109 million) Hong Kong IPO.
TPG in $303m partial exit from Shriram Transport
TPG Capital has sold about half its stake in Indian truck financier Shriram Transport Finance (STFC) for about INR16.6 billion ($303 million).
China Resources Capital, APG launch $265m car park fund
China Resources Capital (CR Capital), the financial services arm of state-owned China Resources Group, and Dutch pension fund asset manager APG have established a $265 million car park fund.
CHAMP affiliate Castle Harlan promotes Tariq Osman
Tariq Osman has been promoted to managing director with the CHAMP Private Equity's New York affiliate Castle Harlan.
Bain generates $69m through Greatview sell-down
Bain Capital has raised around $69 million from a sell-down in Hong Kong-listed Greatview Aseptic Packaging.
Kroll makes China investigations hire
Kroll has appointed Miang Lee as associate managing director to its investigation and disputes practice in Hong Kong.
OTPP closes in on Leighton's telecom assets
Australian contractor Leighton Holdings is in exclusive negotiations to sell 70% of its telecom assets Ontario Teachers' Pension Plan (OTPP), for around A$620 million ($634 million).
Warburg Pincus' Goldfaden to relocate to Australia - report
Warburg Pincus is to relocate Managing Director Jeffrey Goldfaden to Sydney as it looks to open a permanent office in Australia.
IREIFS expands SE Asia presence, targets Australasia and India
Paris-based private equity firm IREIFS Partners is to expand its Southeast Asian presence in response to increasing activity in the Asia Pacific region.