KKR sees its significant exposure to Asia – which accounts for more than 30% of the firm’s overall private equity portfolio – as a source of strength as the region appears to be emerging from the coronavirus pandemic faster than the US and Europe.
“We are seeing slow improvement across a number of our portfolio companies. We started to see it in Asia. Most manufacturing facilities are kind of now operating at 70% to 100% of capacity. We're starting...
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.