UTC Investment, a private equity firm backed by South Korean food producer Daesang Corporation, has finalized its acquisition of a 65% stake in VNPT ePay, the electronic payment arm of Vietnam’s VMG Media.
Financial terms were not disclosed, but local media reported in November – when the agreement was announced – that UTC would pay about KRW40 billion ($35 million). The divestment was driven by VMG's...
Shenzhen Scholar Education, a Chinese after-school tutoring business backed by CRE Alliance, has filed for an IPO in Hong Kong.
Bryan Lewis, CIO of Pennsylvania State Employees’ Retirement System, discusses accessing Asia, approaches to co-investment, and paring a bloated PE portfolio into a smaller set of strategic relationships
ChrysCapital Partners has increased its fund size and its commitment to operations in response to a maturation of the Indian market characterized by bigger deals and more opportunities to drive change
Apax Partners has agreed to pay $200 million for a significant minority stake in India and US-based data analytics provider Fractal Analytics.