Expansion

Baring India, Matrix back Muthoot Finance

Baring Private Equity Partners India and Matrix Partners India have jointly committed some INR157 crore ($33.6 million) to Muthoot Finance Ltd., a leading Indian non-bank financial company, in its first institutional funding round.

Soros seeks Dubai's BSE stake

Soros Fund Management, the investment vehicle of iconic investor George Soros, is looking to buy the 3.92% stake in the Bombay Stock Exchange held by Dubai Holdings, for around $40 million, according to reports.

CCBI Healthcare Fund invests Shanghai Kindly

CCBI Healthcare Fund, a fund managed by China Construction Bank International (CCBI), has invested an undisclosed sum in Shanghai Kindly Enterprise Development Group (KDL), a producer and developer of disposable medical devices.

Starr invests China's Top Grade Healthcare

Starr International Company, a privately-held global financial services group, has made a $40 million investment in Top Grade Healthcare Ltd., a provider of diagnostic imaging equipment and hospital management services in China.

Carlyle in running for Pure Foods, no CVC bid

The Carlyle Group has entered a bid for 49% of Pure Foods, the division of Philippines conglomerate San Miguel opened by the parent for investment, with CVC Capital Partners - which was previously linked with the asset - reportedly not entering a bid.

Baring India investee PharmaARC could seek fresh funds

PharmaARC Analytics Solutions, a healthcare BPO company invested by Baring Private Equity India, may be seeking further investment - a move that contradicts Baring, which has stated that it has neither plans to exit its 10% stake nor commitment to inject...

KKR plans to raise $800 million for China Growth Fund

Kohlberg Kravis Roberts & Co. plans to raise $800 million to invest in China with its new USD-denominated KKR China Growth Fund, its first China-directed vehicle since it set up its $4 billion KKR Asian Fund, and its first specific growth capital fund.

CCBI Healthcare Fund makes two investments

CCB International, the investment arm of China Construction Bank, has made two investments in the medical sector, including an RMB150 million ($36.9 million) capital injection into Luyan, a medical company in Fujian, and an RMB100 million ($14.7 million)...

Olympus enters Tata-Indo mining deal

Olympus Capital Holdings Asia to buy stakes in two Tata Power coal special purpose vehicles (SPVs), Bhira Investment Ltd. and Bhivpuri Investment Ltd., for $300 million – capital that will be allocated to fund the Indian power producer’s future acquisitions...

Yeoman’s work for Carlyle

The Carlyle Group, through its $2.55 billion Carlyle Asia Partners III LP fund, has agreed pay $175 million to take an 11.3% stake in the Chinese subsidiary of Thai animal feed maker C.P. Pokphand Co., the second-largest supplier of animal feed by sales...

Global Venture Capital and DIT Partners back Piku Media

Piku Media KK, operator of Japan's first daily discounts and special deals website, Piku.jp, raised an additional JPY650 million ($7.3 million) from local and offshore institutional investors, including Tokyo-based Global Venture Capital Inc., DIT Partners...

IDFC collects from Khazanah, Actis

Indian infrastructure finance leader Infrastructure Development Finance Co. (IDFC) is to raise INR840 crore ($179 million) through an institutional placement of convertible preference shares to current investor Malaysian SWF Khazanah Nasional and UK private...

CIC-AES JV out of wind

PRC SWF the China Investment Corporation (CIC) has jointly announced with $14 billion Virginia-headquartered global power giant AES Corp. that their non-binding letter of intent for CIC to take a 35% stake in AES Wind Generation expired at the end of...

Carlyle to take 13.6% stake in China Fishery

Singapore-listed China Fishery Group – which began operations as a North Pacific trawling business in 2001 – has announced it will issue new ordinary shares and warrants in a conditional private placement to the Carlyle Group, for a total consideration...

Blackstone takes EMOBILE stake in Japan

The Blackstone Group has purchased a stake of around 5.98% in EMOBILE Ltd., a Tokyo-based mobile broadband transmission provider, for JPY16 billion ($182 million) through a third-party allotment.

Blackstone takes China Animal stake

The Blackstone Group has made a commitment giving it exposure to China's foods and agriculture and healthcare sectors, by leading a significant minority investment in Singapore-listed China Animal Healthcare, a maker of animal drugs and vaccines, for...