PIPEs
Carlyle buys stake in Chinese textiles manufacturer
The Carlyle Group has agreed to invest RMB726 million ($108 million) for a 10% stake in Chinese home textiles maker Luolai Lifestyle Technology.
GIC to invest $713m in India's Bharti Airtel
Singapore’s GIC Private has agreed to invest INR50 billion ($713 million) in India-based telecommunications provider Bharti Airtel.
Carlyle invests $653m in India’s SBI Life
The Carlyle Group has acquired a 9% stake in India-listed life insurance company SBI Life for INR46.4 billion ($653 million).
Convergent Finance buys stake in Hindustan Foods
Convergent Finance, a private equity firm founded by former Fairfax India head Harsha Raghavan, has led a INR1.5 billion ($21.6 million) investment in contract consumer goods manufacturer Hindustan Foods.
Canada's OMERS makes first India infrastructure investment
Ontario Municipal Employees Retirement System (OMERS) has made its first investment in India’s infrastructure sector, buying a 22% stake in infrastructure investment trust IndInfravit Trust for INR8.7 billion ($122 million).
Q&A: Tata Group's Mukund Rajan
Tata Group ethics and sustainability veteran Mukund Rajan has helped pair some former colleagues with Quantum Advisors to tackle a messy environmental, social, and governance (ESG) situation in India
Novo Tellus buys stake in data center equipment supplier
Novo Tellus Capital Partners has invested S$12 million ($8.8 million) in Procurri, a Singapore-listed provider of IT services and data center equipment.
GIC, Mizuho invest $265m in Vietcombank
GIC Private has invested in Vietcombank through a joint deal with Mizuho Bank worth VND6.2 trillion ($265 million), underlining the strong interest among private and strategic investors in Vietnam’s financial sector.
AVCJ Awards 2018: Operational Value Add: Qingdao Haier
KKR backed in Qingdao Haier at a time when the Chinese white goods giant wanted to expand overseas and address competitive pressure at home. The GP helped it deliver on both fronts
New Zealand's Trade Me agrees to Apax acquisition
New Zealand e-commerce company Trade Me has agreed to be 100% acquired by Apax Partners at an enterprise value of NZ$2.7 billion ($189 million) one week after receiving a similar proposal from Hellman & Friedman.
True North backs Zydus' acquisition of Heinz India
True North has invested INR10 billion ($140 million) in Indian health products manufacturer Zydus Wellness to support its acquisition of Heinz India.
Colinton, AustralianSuper, Myer buy stake in AMA
Colinton Capital, a middle market private equity firm established by Simon Moore, formerly Australia head at The Carlyle Group, has participated in a A$68.6 million ($49.7 million) investment in automobile aftercare services provider AMA Group.
China seeks PE assistance to help boost public markets
China’s securities regulator said on Friday that it will take measures to facilitate private equity investment in listed companies – as well as speed up merger approvals and support bond issuance – as part of a broader government campaign to revive...
CDPQ invests $100m in India's Azure Power
Caisse de dépôt et placement du Québec (CDPQ) has invested $100 million in Azure Power, an Indian solar panel company listed in the US.
Tencent invests $318m in recently-listed streaming site Bilibili
Tencent Holdings has agreed to invest $317.6 million in Bilibili, a VC-backed Chinese animation streaming platform that listed on NASDAQ in March.
KKR to buy Life Healthcare stake in India hospital JV
KKR has agreed to pay INR4.3 billion ($59.6 million) to South African hospital chain Life Healthcare Group for its stake in Max Healthcare, a hospital operator that it owns through a joint venture with Max India.
Silver Lake to invest $600m in Wanda-owned cinema chain
Silver Lake has invested $600 million in AMC Entertainment Holdings, a US cinema chain owned by Dalian Wanda Group, a once acquisitive Chinese conglomerate now said to be retreating from overseas markets.
Baring Asia to invest $538m in Japan's Pioneer
Baring Private Equity Asia has agreed to invest up to JPY60 billion ($538 million) in Pioneer Corp, by subscribing to a new share issue by the struggling Japanese conglomerate.
GPs support $590m investment in take-private target China Biologic
China Biologic Products, a US-listed biopharmaceuticals player that was subject to two take-private offers, said it was set to raise $590 million by issuing new shares to investors including Centurium Capital, CITIC Capital, and Hillhouse Capital.
Boulevard Capital invests $20m in Singapore's Stratech
Boulevard Capital Partners, a private equity investor focused on infrastructure including telecom towers, has agreed to invest $20 million in Singapore-listed surveillance technology specialist Stratech.
Blackstone to invest $400m in Hong Kong-listed HEC Pharm
The Blackstone Group has agreed to invest $400 million in YiChang HEC Changjiang Pharmaceutical (HEC Pharm), a Chinese drug developer listed in Hong Kong, through a convertible bond issuance.
Deal focus: L Catterton taps the China luxury story
L Catterton Asia aims to help Chinese online luxury goods retailer Secoo expand its frontiers with technological and logistical support from e-commerce giant JD.com
L Catterton, JD to invest $175m in China’s Secoo
L Catterton Asia and Chinese online retailer JD.com have agreed to invest $175 million in Secoo, a Chinese e-commerce platform for luxury goods that is listed in the US.
Vivo, Advantech invest $87m in Sinovac as take-private is abandoned
Vivo Capital and Advantech Capital have committed $86.73 million to Chinese biopharmaceutical player Sinovac Biotech. Both investors were members of a consortium that was bidding to privatize the US-listed company, but that process has been terminated.
