Investments
Bain goes to Lilliput in India
Bain Capital India is to invest some $79 million for an undisclosed stake - thought to be at least 10% - in Lilliput Kidswear, a Delhi-based manufacturer of children's apparel and accessories.
KKR after Firstsource
Kohlberg Kravis Roberts & Co is seeking a stake of up to 68% in Indian BPO player Firstsource Solutions from existing investors, in a deal that could fetch up to $250 million.
Building a better Asia – public, private, partnerships and profits
The growing discrepancy between Asia’s phenomenal productivity growth and its slow progress in the roll-out of critical infrastructure threatens the region’s potential growth.
Real estate: blossoming in Japan?
Japan is now entering this year’s cherry blossom season, and people are feeling the lift after the long cold winter.
Capacity limits in AsiaPac?
A blast from the (recent) past blew in from the US last week, with the news that US investment group Fraser Sullivan had issued the first collateralized loan obligation (CLO) from a major financial house in over a year.
Investec Wentworth FOF moves from wine to wires
Australian mid-market firm Investec Wentworth Private Equity, part of the Investec group, has repositioned its First Opportunity Fund (FOF), an ASX-listed vehicle hitherto known as the First Wine Fund, as a backdoor listing platform for unlisted wholesale...
Mid-cap vs buyouts: may the best financing win
The year following the collapse of Lehman Brothers and the onset of the global financial crisis was not a good one for Japan.
JinkoSolar relaunches IPO
JinkoSolar Holding Co., a Shanghai-headquartered manufacturer of photovoltaic solar cell products originally invested by Pitango Venture Capital, Shenzhen Capital Group, and China Israel Value Capital, has refiled for its NYSE IPO after postponing this...
Sequoia invests PRC blood glucose business
Sequoia Capital has led a $10.25 million Series A investment round into Beijing YiCheng Bioelectronics Technology Co. Ltd., a blood glucose monitoring system manufacturer.
GIC, Olympus investee China Minzhong boosts SGX PRC IPOs
Government of Singapore Investment Corporation (GIC) and Olympus Capital investee China Minzhong, a PRC vegetable producer and processor, is planning an S$237 million ($170 million) IPO in Singapore's biggest China listing since the GFC broke.
Denham invests Trans-Tasman
Leading US specialist mining, energy and commodities investor Denham Capital Management has committed an unconfirmed amount for a 48% stake in New Zealand's Trans-Tasman Resources Ltd (TTR), a company focused on developing seabed iron sands deposits...
Temasek closes GMR at $200 million
Singapore SWF Temasek Holdings has finally agreed its investment in India's GMR Energy at some $200 million, lower than the $354 million predicted recently.
Apax may pick up ICICI Metropolis stake
London-headquartered private equity group Apax Partners is emerging as the probable buyer of the 25% stake in India's Metropolis Healthcare held by ICICI Venture, for a probable deal value of around $45 million.
Clearwater ups Diamond Power stake in India
Clearwater Capital Partners has taken a larger stake in Indian power transmission and services company Diamond Power Infrastructure Equipment with a 2.2% secondary market purchase for around $2.25 million, taking its total holding to some 13.77%.
Summit Partners invests Krishidhan Seeds
Summit Partners, a long-established Boston-headquartered growth capital investor, has announced a $30 million minority investment into Krishidhan Seeds Ltd. (KSL), claimed to be one of the Subcontinent's top five seeds businesses, with strong commitment...
New Silk Route may take Temasek, Kotak, New Vernon out of INX
New Silk Route Partners has begun talks with fellow investors in India's struggling INX Media, Temasek Holdings, Kotak Private Equity and New Vernon Private Equity, to buy them out of the business.
CX debuts with Monnet Ispat investment
CX Partners has reportedly acquired an 8% stake in Indian steel and power group Monnet Ispat and Energy for some $34 million in a secondary market trade, in its first investment since its formation in 2008.
Unison picks up bigger Ucom stake
Japanese independent buyout firm Unison Capital is picking up a controlling stake in Ucom Corp., a local fiber optic Internet comms business, from parent Usen Corp.
OrbiMed invests Bharat Serums
Healthcare specialist investor OrbiMed Advisors has invested an undisclosed amount in Indian pharma biotech business Bharat Serums and Vaccines Ltd., in its second deal on the Subcontinent.
Blackstone invests world's biggest newspaper with Jagran
In its latest India deal, the Blackstone Group is planning to invest some $50 million in the holding company of print media player Jagran Prakashan, for an undisclosed minority stake.
SBI share boost precedes planned Hong Kong debut
SBI Holdings Inc., the Tokyo-based venture capital and financial services company, boosted its share price to a six-month high after it announced that it is seeking to list on the Hong Kong Stock Exchange.
Matrix invests Bhartiya Samruddhi Finance
Matrix Partners India has participated in a $26.6 million investment round into Bhartiya Samruddhi Finance Ltd. (BSFL), a microfinance and livelihood promotion business founded by social entrepreneur Vijay Mahajan.
Carlyle Taiwan Mobile deal hits snag
The Carlyle Group's $1 billion investment into Taiwan Mobile, the island's second largest mobile carrier, has encountered a regulatory problem related to the target's part-public ownership.
CLSA invests India microfinance
CLSA Capital Partners has invested $24 million for a minority stake in Equitas Micro Finance India, a Chennai-based company providing microfinance to Indian low-income households.