Joy Rent a Car was a small-ticket acquisition by Hahn & Company’s standards, but the GP has big plans to turn the company into a change agent in Korean used car financing
Two months ago, Hahn & Company agreed Korea’s largest-ever non-government corporate restructuring with the $3.7 billion acquisition of SK Shipping. By comparison, the $70 million purchase of Joy Rent...
Ascendent Capital Partners has joined Xuan Ruiguo, the chairman and founder of Hong Kong-listed industrial control systems maker China Automation Group, in a take-private offer that values the company at HK$1.5 billion ($197 million).
Australian investment firm Leap Capital has raised A$50 million ($34 million) for a venture debt fund that will target established, revenue-generating companies locally.
Hansoh Pharmaceutical Group, a Chinese drug developer that counts Hillhouse Capital and Boyu Capital among its investors, has raised HK$7.86 billion ($1 billion) through a Hong Kong IPO.
Fidelity International has announced plans to spin-out its proprietary investment arm Eight Roads within the year pending regulatory and shareholder approvals.