Articles by Brian McLeod
Tata Capital targets $1 billion in new PE capital
Tata Capital, the Tata Group’s financial services arm, has announced plans to raise approximately $1 billion from local and international sources next year for four sector-focused private equity funds.
Allied Medical talks complicate Healthscope situation
The $1.6 billion takeover bid for Australian private hospital and pathology operator Healthscope by a consortium of the Blackstone Group, the Carlyle Group, and TPG Capital, with a rival bid from Kohlberg Kravis Roberts & Co., has been complicated by...
CCB backs PRC's first aviation fund
In partnership with China Aviation Industry Corp., China Construction Bank (CCB) has formally established the country’s first ever aviation-focused industry fund, the AVIC Fund of China.
NZ Super fuels SMEs via Waterman
Private equity firm Waterman Capital, which is raising a new NZ$75 million ($53 million) fund to invest in Kiwi small businesses with a NAV of between NZ$10-50 million ($7-35 million), has been buoyed by New Zealand Superannuation Fund’s plans to inject...
CIC-AES JV out of wind
PRC SWF the China Investment Corporation (CIC) has jointly announced with $14 billion Virginia-headquartered global power giant AES Corp. that their non-binding letter of intent for CIC to take a 35% stake in AES Wind Generation expired at the end of...
Asia Pacific distress still pays off
Given the financial journal headlines and relentless LP interest reinforcing the notion that Asia is booming, one might well wonder what distress opportunities remain in the region.
Carlyle to take 13.6% stake in China Fishery
Singapore-listed China Fishery Group – which began operations as a North Pacific trawling business in 2001 – has announced it will issue new ordinary shares and warrants in a conditional private placement to the Carlyle Group, for a total consideration...
DE Shaw looks at Ambani JV
Private equity and hedge fund group DE Shaw is on the point of forming an equal JV with billionaire Indian business leader Mukesh Ambani, according to Indian reports.
Temasek's ITS to list in Hong Kong
Temasek Holdings will seek to increase its pre-IPO stake in PRC investee intelligent transportation system provider China ITS (Holdings) Co Ltd. which anticipates raising about $119 million via a Hong Kong IPO in July.
Cleantech Q&A: Capital Dynamics
David Scaysbrook, founder of Novera Energy, and now MD of the new Clean Energy and Infrastructure team at $21 billion asset management firm Capital Dynamics, talks about the group’s new direct investment focus on the cleantech space.
Primus Nan Shan bid gets extension
The consortium led by Primus Financial Holdings and China Strategic Holdings, which has already inked an agreement to acquire Taiwan's Nan Shan Life Insurance from American International Group (AIG), has now announced a sought-after accord with the seller...
Who's got talent?
Along with the rest of the world, private equity firms – and their investee companies – put the brakes on hiring through the financial crisis.
Liu made Beijing corporate head at DLA Piper
DLA Piper's Steven Liu has been appointed Head of Corporate Practice in Beijing, with responsibility for private equity and VC coverage, the firm has announced
Indian government may limit Temasek, GIC ICICI holdings
The Indian finance ministry and the Reserve Bank of India have lodged a query with the Securities & Exchange Board of India (SEBI) over a proposal that Temasek Holdings and the Government of Singapore Investment Corporation (GIC) should increase their...
Fund structure for infrastructure
Infrastructure is now broadly recognized as a global market, yet there are marked differences based on region and substantial variations in risk.
Carlyle invests $140 million in Asia growth
The Carlyle Group has announced the closing of four growth capital investments spread across Asia Pacific, collectively valued at $140 million, and made from the Carlyle Asia Growth Capital Partners IV (CAGPIV) fund, which had its $1.04 billion final...
Asian SWFs ramp up in North American oil and gas
PRC petrochemicals major Sinopec’s $4.65 billion buy into Canadian heavy oil producer Syncrude, covered recently in AVCJ, had one extra salient feature.
IFC backs NCMSL for Indian agro supply chain
International Finance Corporation (IFC), the World Bank unit responsible for private investment, plans to invest $7.5 million in equity, plus an additional $13 million in debt, into integrated supply chain and risk management services provider National...
First Reserve takes high Calibre in Oz
That Australia's mining and metals sector is a powerhouse in global natural resources markets is well known.
CITIC Capital Japan to take Higashiyama Film
HF Holdings, a wholly-owned special purpose vehicle formed by CITIC Capital Holdings Ltd, CITIC Capital Japan Partners II LP, Castle Rock Holdings SPRL and Wealth Rock Holdings SPRL, has announced it will acquire 55.3% of Higashiyama Film Ltd from its...
IDFC Project Equity appoints Aggarwal MD Investments
Leading Indian infrastructure investor IDFC Project Equity has announced the internal promotion of a senior member of its energy team, Aditya Aggarwal, to the post of managing director in charge of investments.
Summit Partners to open India office in 2011
Boston-based Summit Partners has just announced that it will open an office in the country in 2011.
Movement in Pakistan with Shell LPG bids
Private equity in Pakistan has shown unprecedented activity with a competitive auction developing for Shell Petroleum's stake in Shell Gas Pakistan between JS Private Equity and local strategic Jamshoro Joint Venture Ltd, as well as a possible third bidder....
Sinopec stakes its claim
Large PRC oil companies have been quietly taking ever-bigger positions in heavy oil businesses in Canada’s oil-rich Alberta province for some time.