Q&A: CMC Capital Partners' Ruigang Li
Ruigang Li forged a career with Shanghai Media Group and then left to start media-focused private equity firm CMC Capital Partners. He explains why capital is entering the sector and where he sees it heading
Q: CMC claims to run the first media and entertainment-focused fund approved by the National Development Regulatory Commission (NDRC). What does that mean? A: CMC was founded in 2010. There weren't many...
Bain seeks delisting of Chindata within three years of listing
Bain Capital has submitted a USD 2.9bn take-private bid for Chindata Group, a largely China-focused data centre operator that it assembled through a buy-and-build and took public in October 2020.
Japan's J-Star buys freight forwarding company
Japan’s J-Star has acquired local freight forwarding business Japan Trust Holdings for an undisclosed sum as part of a transportation services consolidation play.
Ex-Eaton Asia head targets asset management, GP stakes
Chris Lerner, formerly of Eaton Partners and MSA Capital, has established an asset management operation that will ultimately raise an Asian fund-of-funds and teamed up with US-based Bonaccord Capital Partners to expand its GP stakes business into the...
Northstar's managing partner to become CEO of GoTo
Patrick Walujo, a co-founder and managing partner of Northstar Group, has been appointed group CEO of Indonesian super app GoTo, with the Southeast Asia-focused private equity firm telling LPs it expects minimal impact to day-to-day business.