Expansion
Vietnam Q&A: Chris Freund
Chris Freund, Managing Partner at Mekong Capital, talks about investing in, and fundraising for, Vietnam.
Argonaut now in top BSE shareholders
Argonaut Ventures, an Oklahoma-headquartered private equity group, is now one of the top 20 shareholders in the Bombay Stock Exchange, which is still awaiting regulatory approval for a listing from India's SEBI, following its demutualization three years...
Advantage does China TV drama deal with Qin Jia Yuan
Advantage Partners has announced an investment of up to HK$121 million ($15.5 million) into Qin Jia Yuan Media Services Co.Ltd., a Hong Kong-listed company focused primarily on delivering TV dramas for the PRC market.
NEA, GTI invest India's Nova Medical
New Enterprise Associates and NYC-headquartered private equity firm GTI Group have invested $16 million in Series A funding for Nova Medical Centres, an Indian specialist surgical services provider based in Bangalore.
IFC backs NCMSL for Indian agro supply chain
International Finance Corporation (IFC), the World Bank unit responsible for private investment, plans to invest $7.5 million in equity, plus an additional $13 million in debt, into integrated supply chain and risk management services provider National...
KKR may invest India's Emcure
Kohlberg Kravis Roberts & Co. may be on the point of committing around $50 million into India's Emcure Pharmaceuticals, which until recently was also in discussions with the Blackstone Group, according to Indian sources.
S3 Investment launches Redwood Fund for China
OTC-quoted S3 Investment Company, a US investment banking and financial advisory firm seeking to tap the PRC market, has announced the launch of its Redwood Asia Fund, a growth capital private equity fund targeting opportunities in China and Mongolia.
Valco plans $1bn Indonesia port deal
Valco Capital Partners, the private equity arm of UK strategic advisory and turnaround group Hilco UK Ltd., is preparing to spend up to $1 billion on a 9.36% stake in PT Freeport Indonesia, the country's largest gold and copper mining company, according...
CVC, Oak Hil, Cinven back aircraft leasing company
Avolon, an Irish aircraft leasing company with substantial Greater China operations, received a $750 million equity capital commitment from a consortium including Cinven, CVC Capital Partners and US-based Oak Hill Capital Partners.
StanChart seeks stake in Indian bottles
Standard Chartered Private Equity Ltd. (SCPEL) is in discussion over a 15% stake in CK Jaipuria Group, the Indian bottler of PepsiCo. and other international brands, for up to $32 million, according to Indian reports.
Warburg Pincus may join ICICI Metropolis bidding
Warburg Pincus has become the latest private equity firm to join the bidding for the 20% stake in Metropolis Healthcare held by ICICI Venture, which has also attracted interest from Apax Partners and TA Associates.
Daiwa Quantum invests Taiwan's Alchip
Daiwa Quantum Capital, the JV between Daiwa Securities SMBC Principal Investments and ex-Sony CEO Nobuyuki Idei-backed Quantum Leaps, is investing $15.6 million in Taiwanese chip design house Alchip Technologies Inc.
Sequoia plans $54 million Star Health commitment
Sequoia Capital is close to agreeing a $54 million commitment to Star Health and Allied Insurance Co. Ltd., a Chennai-headquartered insurance company also invested by ICICI Venture recently for around $25.7 million.
IFC plans socially-focused India deals
The International Finance Corporation (IFC), the private sector arm of the World Bank, is working on two Indian socially-focused deals: a $25 million commitment to hospital chain Max Healthcare Institute, and participation in a $2.6 million fundraising...
Sindicatum Carbon preps pre-IPO placement
Sindicatum Carbon Capital, a Singapore-headquartered clean energy projects developer, has announced that it is preparing a $100 million private placement with three private equity firms prior to its planned listing.
Navis backs new Nirula's expansion
Navis Capital is to invest more into Indian restaurant chain Nirula's to help fund a new expansion into seven to ten additional cities across the Subcontinent, according to Indian press reports.
Infinity I-China invests PRC's United Water
The Infinity I-China Fund has participated in the second round of fundraising by United Water Corporation, a Chinese water supply and waste water treatment company.
IL&FS plans $300-350 million growth fund
Leading Indian private equity investor IL&FS Investment Managers Ltd. is targeting $300-350 million for a new growth equity fund, to commence raising at end 2010.
IFC backs India contract manufacture with Craftsman
The International Finance Corporation (IFC), the private sector arm of the World Bank, will make a substantial equity investment in OEM manufacturing company Craftsman Automation Pvt Ltd in June, according to Indian reports.
CITIC Private Equity to be top shareholder of Zifeng Liquor
A new round of capital raising by Zifeng Liquor Co will make CITIC Mianyang Private Equity Fund (CITIC Mianyang) the largest strategic investor of the liquor group.
INCJ seeks Australian water business
Innovation Network Corporation of Japan (INCJ), the government-backed public/private fund, has agreed to acquire United Utilities Australia (UUA), a wholly-owned subsidiary of United Utilities PLC, the UK's largest listed water company, alongside Japanese...
Goldman Sachs close to Taikang win
A consortium led by Goldman Sachs is close to finalizing negotiations for the 15.6% stake in the PRC's Taikang Life Insurance Corp. owned by France’s insurance giant AXA, for about $1 billion.
Norway's NMI supports Chennai microfinance
Norway's NMI Frontier Fund has joined existing investors International Finance Corporation (IFC), Swedfund (the Swedish Development Finance Institution), and Aavishkaar Goodwell, committing $900,000 into Belstar Investment and Finance, a Chennai microfinance...
Darby invests HK skincare company
Darby Overseas Investments, the mezzanine-focused private equity arm of Franklin Templeton Investments, has made an HK$78 million ($10 million) investment in Water Oasis Group Ltd, a leading skincare and beauty group listed in Hong Kong.