Articles by Andrew Woodman
Apax makes partial exit from Apollo Hospitals
Apax Partners has exited part of its stake in India' s Apollo Hospital to Oppenheimer Funds for INR5.3 billion ($97 million).
Orix beats PE firms to buy Rabobank's Robeco
Orix has bought the asset management arm of Rabobank, Robeco, for EUR1.9 billion ($2.5 billion). The Japanese financial services firm will acquire a 90.1% stake in the company while Rabobank will retain 9.9%.
Headland to take Malaysian Mamee overseas
As "official noodle sponsor" of English football team Manchester United, Malaysian snack and beverage firm Mamee Double Decker puts a lot of stock in the reputation of its brands. The challenge for Headland Capital Partners, which recently took a significant...
Profile: IL&FS' Archana Hingorani
When Dr. Archana Hingorani swapped academia for industry, she ended up at the nascent IL&FS. Twenty years on, she is CEO of the company’s PE unit and recognized as a pioneer in Indian infrastructure
Healthy holidays: PE and medical tourism
Asia’s medical tourism sector is growing rapidly as visitors flock east for cheap surgical procedures. How big is the opportunity for private equity and where can it be found?
LGT closes third global secondaries fund at $2b
LGT Capital Partners has reached a final close on its third global secondaries fund, Crown Global Secondaries III (CGS III), at $2 billion.
KPMG hires PwC's Ambarish Dasgupta
KPMG India has hired Ambarish Dasgupta, former consulting leader with PricewaterhouseCoopers (PwC) India, to head up its management consulting practice in Mumbai.
Michael Di Cicco joins Heidrick & Struggles' Asia PE practice
Michael Di Cicco has joined executive search firm Heidrick & Struggles as a partner at its financial services practice in Singapore. Di Cicco will lead the private equity practice for Asia Pacific and work with practice leaders in the US and Europe.
Carlyle to make partial exit with Broadleaf IPO
The Carlyle Group is set to exit the majority of its stake in Broadleaf following the Japanese company's announcement that it would seek to raise up to JPY23.3 billion ($248.37 million) through an IPO.
Four in five Asian investors plan real estate fund commitments - survey
Four in five Asian-based investors are expected to invest in private real estate funds in 2013 compared to around 48% and 39% of investors based in North America and Europe respectively, according to new report.
SEBI approves first Indian social venture fund
The Incube Connect Fund has become the first social venture fund to be approved under the Securities and Exchange Board of India’s (SEBI) new registration regulations.
Marck Biosciences gets $8.3m from Tata healthcare fund
Tata Capital Healthcare Fund has invested INR450 million ($8.3 million) for a 13% stake in Ahmedabad-based drug maker Marck Biosciences. Previous plans for an IPO have now been shelved.
Macquarie, SBI to buy majority stake in GMR Jadcherla Expressways
Macquarie SBI Infrastructure Fund (MSIF) has agreed to buy a 74% stake in GMR Jadcherla Expressways from Bangalore-based infrastructure major GMR Group.
Bessemer backs Indian IT services provider Anunta
Bessemer Venture Partners (BVP) has invested in Anunta Technology Management Services, a cloud-based IT services company, as part of Series A investment round. Financial details of the deal were not disclosed.
Brookfield hires Niel Thassim as Head of Asia
Brookfield Asset Management has hired Niel Thassim as head of Asia with its Hong Kong-based private funds group.
Reserve Bank of Australia sells subsidiary to PE-backed Innovia
The Reserve Bank of Australia (RBA) is to sell its 50% stake in Securency International, a company which produces polymer-based print material for banknotes, to Innovia Films, a UK packaging manufacturer backed by Arle Capital Partners. Innovia already...
Baird's Shanghai-based Zhang promoted to principal
Baird Capital, the private investment arm of Robert W. Baird, has promoted Shanghai-based Yongshan Zhang to principal. Zhang, who was previously vice president, joined Baird in 2008 and works with the company's China growth equity fund.
MVision opens Australia office
Placement agent MVision has opened a new office in Sydney, Australia. The move will allow MVision, which currently has a number of investment manager clients in Australia, to expand its reach into the Asia Pacific private equity market.
CLSA exits Japan's Everlife for $285m
CLSA Japan has sold its 100% stake in Japanese direct marketing company Everlife to Korea's LG Household and Health Care for JPY25.8 billion ($285 million).
Blackstone invests in India business park – report
The Blackstone Group has reportedly joined two other companies in purchasing a business park in South India for INR19.6 billion ($367 million).
Paine-backed Costa to buy Adelaide Mushrooms
The Costa Group, an Australian fresh produce company backed by global private equity firm Paine & Partners, is to acquire Adelaide Mushrooms. Financial terms of the transaction were not disclosed.
Unilazer Ventures invests in Valyoo Technologies
Unilazer Ventures has joined IDG Ventures in investing INR530 million ($10 million) in Delhi-based Valyoo Technologies, which owns e-commerce sites LensKart, BagsKart, WatchKart and JewelKart.
Zephyr Peacock, Credence back 20Cube Logistics
Zephyr Peacock India and Singapore-based Credence Partners are to invest $17 million in 20Cube Logistics for a significant minority stake.
Macquarie targets $1b fund for South, Southeast Asia - report
Macquarie Capital is said to be targeting $1.1 billion for its new fund focusing on South and Southeast Asia.