The Blackstone Group expects to return to market in 2020 with its second dedicated Asia private equity fund, less than two years after closing the debut vehicle.
The fundraising plans were outlined by Jonathan Gray, the firm’s president and COO, during a fourth-quarter earnings call. Blackstone closed Fund I in June 2018 at $2.3 billion, having reduced the hard...
PAI Capital, a Hong Kong and London-based asset manager that primarily caters to high net worth individuals (HNWIs), has paid RMB1.45 billion ($212 million) for a 24.22% stake in Vtron Group, a Shenzhen-listed video display systems manufacturer.
Vietnam’s VinaCapital and Japan’s Daiwa PI Partners have sold the remainder of their interest in Vietnamese dairy producer International Dairy Products (IDP).
A consortium led by China Resources Capital (CR Capital) has agreed to acquire a 65% stake in Hong Kong retail and supermarket operator City Super Group.
Indian online used car marketplace Spinny has acquired local counterpart Truebil, setting up several venture capital exits.