Hong Kong and Singapore-based hedge fund manager OCP Asia has raised a $200 million direct lending vehicle to make private equity-style credit investments in small and medium-sized enterprises (SME).
According to Bloomberg, the new fund will offer Asian SMEs loans in the range of $40-70 million to be secured by corporate properties. It comes as fund managers express increasing interest in private debt...
Apax Partners has sold its remaining 48% interest in GlobalLogic, an IT outsourcing company founded by several Indian entrepreneurs, to Partners Group. The deal values the business at more than $2 billion.
Bain Capital Private Equity has made a A$810 million ($613 million) buyout offer for BWX, an Australian manufacturer of branded skin and hair care products.
Kedaara Capital and Partners Group have agreed to acquire Indian retailer Vishal Mega Mart for an undisclosed sum from TPG Capital.
Navis Capital Partners has invested an undisclosed amount in Saitex Holdings, a denim products manufacturer for the global jeans industry based in Vietnam.