Baring Asia hits final close on eighth pan-regional fund
Baring Private Equity Asia (BPEA), which agreed to merge with EQT earlier this year, has closed its eighth pan-regional fund with commitments of USD 11.2bn.
The final total was first reported by Bloomberg and has since been confirmed to AVCJ by a source close to the situation. BPEA declined to comment. The fund launched last year with a target of USD 8.5bn,...
Affinity recruits Australia head, re-hires executive from Quadrant
Affinity Equity Partners has strengthened its coverage of Australia and New Zealand with the recruitment of Nick Speer from The Riverside Company as a partner and local team leader and the rehiring of Mark Chudek from Quadrant Private Equity.
Bain pursues buyout of Australia's Estia Health
Bain Capital has offered to acquire Australia-listed aged care provider Estia Health for AUD 775.1m (USD 517.4m).
China’s JD Industrials completes $300m Series B
JD Industrials, a one-stop industrial products e-commerce platform under China’s JD.com has completed a USD 300m Series B round led by Abu Dhabi investors Mubadala and 42XFund.
JIP wins board approval for $15b Toshiba buyout
The board of Toshiba Corporation has approved a tender offer from Japan Industrial Partners (JIP) that values the company at approximately JPY 2trn (USD 15.3bn).