Expansion
Fidelity India invests Punj Lloyd arm
Fidelity Growth Partners India has invested an undisclosed sum for a minority stake in energy and infrastructure engineering services company PL Engineering, a division of leading conglomerate Punj Lloyd.
Carlyle, ChrysCapital, SCPEL suitors for Godrej Consumer
The Carlyle Group, ChrysCapital Management, and Standard Chartered Private Equity Ltd. (SCPEL) are among the private equity firms bidding for a $130-140 million investment opportunity into India's Godrej Consumer Products, according to Indian reports.
IFC contemplates China pigs
The International Finance Corporation is assessing a $10 million investment into a $51.3 million project launched by Muyuan Foodstuff Co. Ltd. to build four pig farms in Henan Province, with a capacity of 500,000 animals.
Quam Suzhou RMB fund makes first deal
The Suzhou QUAM-SND Venture Capital Enterprise, an RMB VC fund formed by a unit of Hong Kong-listed financial services group Quam Ltd., has announced its first investment, an RMB50 million ($7.3 million) growth capital commitment to PET bottle manufacturer...
Leopard gets seafood takeaway with Nautsico
Asian frontier investor Leopard Capital's Leopard Cambodia Fund has taken a 31.48% stake in Cambodia’s largest seafood processing plant, Nautisco Seafood Manufacturing Ltd., for an undisclosed sum.
KKR solidifies India cement with Dalmia
Kohlberg Kravis Roberts & Co. has agreed an investment of around INR750 crore ($164 million) into Dalmia Cement (Bharat), for a c.20% stake in unlisted subsidiary Avnija, which will house the group's cement manufacturing capacity to create India's largest...
Actis announces KS Distribution deal
Actis has partnered with SGX-listed energy services company KS Energy in a $230 million deal to create Asia's largest oil, gas and marine products distribution business, KS Distribution.
Japan's INCJ makes second VC deal in chip firm
The Innovation Network Corporation of Japan (INCJ), the state-run fund backed by local corporate capital, will make its second VC investment, in Genusion Inc., a local fabless flash memory developer.
VinaCapital announces two new investments
Vietnamese asset management company VinaCapital Group has announced two new investments, made from its growth capital-focused VinaCapital Vietnam Opportunity Fund (VOF) and its Vietnam Infrastructure Ltd (VNI) fund.
Kathy Xu of Capital Today
Kathy Xu, Founder and Managing Partner of Capital Today, talks to AVCJ about her firm’s research into Chinese consumers and foreign investors’ comfort level with the evolving private equity market in China.
CVCI part exits JBF to parent
CVC International has reportedly sold roughly two thirds of its remaining stake in JBF Global Singapore, a polyester chip maker, to its Indian parent, JBF Industries, for some $60 million.
AIF Capital will take minority stake in Chinese university
AIF Capital will acquire a 10% stake in Oriental University City, an educational campus platform owned by Singapore-listed Raffles Education.
Riverside takes stake in Australia's Boost
The Riverside Company is reportedly acquiring Boost Investment Group (Boost), the holding company that operates Boost Juice Bars and Salsa’s Fresh Mex Grill in Australia.
Oman fund invests $42 million in PetroVietnam Insurance
The Oman Investment Fund has invested $42.3 million in PetroVietnam Insurance Co.
CVC Capital Partners backs Sun Hung Kai Financial
Leung to back institutional growth
Carlyle may part exit Claris
The Carlyle Group is likely to exit at least part of its almost 14% stake in Indian drugs firm and IPO candidate Claris Lifesciences, according to reports.
Reliance PE goes to school with Pathways
The first private equity investment to be made by Reliance Capital’s PE arm is in the much-touted Indian education sector.
Bain's Gome could face fines in Huang trial
Huang Guangyu, the founder and former chairman of Bain Capital investee Gome Electrical Appliances Holdings, has gone on trial in Beijing, charged with illegal business operations, insider trading and bribery.
Hopu picks up Yurun stake
In more Hopu Investment Management news, the firm has led a consortium that purchased a 4.3% stake in China Yurun Food Group Ltd. for around $235 million.
Taizinai liquidiation challenged
In the latest, not unexpected, complication in the attempts by private equity investors and debt-holders to recover money from struggling PRC milk drinks producer Hunan Taizinai Group, the company's chairman, Li Tuchun, is said to be resisting efforts...
AIF announces Famy India contraceptive deal
AIF Capital has announced that AIF Capital Asia III LP and its affiliates have invested $40 million into Famy Care Ltd., a Mumbai-based pharmaceuticals manufacturer.
TPG joins Bain on Lilliput
TPG Capital's growth capital arm is joining Bain Capital in its investment in Delhi-based children's clothing business Lilliput Kidswear.
Walden announces duet of deals
Veteran Asia Pacific VC investor has announced two new deals, one in China, with a Series B financing of Best Logistics Technologies, and one in India, with an expansion round for Quattro BPO Solutions.
Taizinai puts China risk on show
Actis, Goldman, Morgan Stanley stand to lose