Buyout
TA invests in India's Atria, IVFA rolls over stake
TA Associates will join India Value Fund Advisors (IVFA) to buy about 95% of Indian broadband service provider Atria Convergence Technologies (ACT). IVFA's India Value Fund III, ACT's current majority shareholder, will exit most of its stake and roll...
Singapore's Temasek, CVC agree $2b deal for US generic drug firm
Singapore's Temasek Holdings is a member of a CVC Capital Partners-led consortium that has agreed to buy a controlling stake in US-based generic drug manufacturer Alvogen. The deal is said to value the company at $2 billion.
Deal focus: Quadrant makes another premium pet play
Quadrant Private Equity's last foray into pet services was relatively short-lived. It bought City Farmers for A$93 million ($84 million) in September 2013 and within 10 months had agreed to sell the business to Greencross for A$205 million in cash and...
Advantage exits GTA TeleGuam to Indonesian trade buyer
Japan's Advantage Partners has exited GTA TeleGuam - the former state-owned telephone company based on the island of Guam - to Telkom Indonesia. The value of the transaction has not been disclosed.
GIC, BlackRock cornerstone CITIC PE-backed 3SBio's IPO
GIC Private and BlackRock have joined four other investors to cornerstone Chinese biotech pharmaceutical developer 3SBio's relisting in Hong Kong, two years after it was taken off NASDAQ by CITIC Private Equity.
TVS Logistics, Tata Opportunities to acquire DIESL
India's Tata Capital will acquire a minority stake in TVS Logistics Services and support the company in its acquisition of Drive India Enterprise Solutions (DIESL).
Chinese consortium to buy US biotech firm Ambrx
A consortium of Chinese investors including Shanghai Fosun Pharmaceutical Group, Hopu Investments, CEL Healthcare Fund and WuXi PharmaTech will acquire Ambrx, a US-based biotech pharmaceutical developer.
KKR Asia head Joe Bae to move back to US
Joe Bae, who moved to Hong Kong 10 years ago to set up KKR’s Asia business, will return to the US in the summer. He will continue to lead the firm’s regional operations as managing partner of KKR Asia.
Q&A: Hony Capital's John Zhao
Hony Capital CEO John Zhao expects to see more control opportunities arising from domestic succession planning, cross-border expansion and restructuring. He explains how his firm is preparing the ground
Ex-Macquarie Asia PE head Hugh Dyus joins Navis
Navis Capital Partners has appointed Hugh Dyus, who until last year was head of Asia private equity at Macquarie Funds Management, as a partner based in Hong Kong.
PAG targets $3b for second Asia fund
PAG Asia Capital has launched its second pan-regional fund and is looking to raise $3 billion. The GP, which is led by Weijian Shan, formerly of TPG Capital, closed its maiden fund at $2.5 billion in 2012.
Q&A: Unison Capital's Tatsuo Kawasaki
Unison Capital is in the process of raising its fourth Japan-focused fund. Tatsuo Kawasaki, a partner at the firm, discusses how government policy and market dynamics might impact its deployment
Fund focus: Unison hones in on South Korea
Comparisons can be drawn between Unison Capital’s debut Korea buyout fund and its first Japan vehicle raised more than 15 years ago. The targets are small- to mid-size companies that have growth potential but need help realizing it, particularly in...
Unison closes debut Korea fund at $280m - update
Japan-based private equity firm Unison Capital has closed its first-ever Korea-dedicated buyout fund at approximately KRW300 billion ($280 million).
CVC adds to Japan team
CVC Capital Partners has boosted its Japan team with two hires from domestic GP Advantage Partners. Atsushi Akaike and Yukinori Sugiyama have joined as partner and senior managing director, respectively.
China's Fosun to acquire remaining interest in Ironshore
China's Fosun International is seeking to fully acquire US insurer Ironshore, offering $1.8 billion for an 80% stake.
Australia’s CHAMP PE hires ex-CVC executive
Australian GP CHAMP Private Equity has hired Graham Brooke, a former executive with CVC Capital Partners, as a managing director based in Sydney.
PE consortium closes in on Korea's Ticket Monster - report
A group of private equity investors including KKR is set to buy Korean e-commerce mobile app Ticket Monster from US-based Groupon in a deal that could value the company as highly as $800 million.
Temasek completes acquisition of SVB India
Singapore's Temasek Holdings has completed its acquisition of SVB India Finance for INR3 billion ($48 million) and renamed the company. It will now be known as InnoVen Capital India.
VIDEO: Navis Capital Partners' Rodney Muse
Nothing is off limits now when LPs are conducting due diligence on private equity firms as investors respond to issues such as regulatory change, according to Rodney Muse, co-founder and managing partner of Navis Capital Partners
Catapult Partners backs Australian Reef Pilots MBO
Catapult Partners has invested in Australian Reef Pilots (ARP) in support of a management buyout (MBO) of the company.
Portfolio: CHAMP Private Equity and Accolade
For a long time the UK and Australia operations of US wine giant Constellation Brands had been a drain on the parent company. Nevertheless, CHAMP Private Equity saw the potential for a category leader
TPG adds UTC executive to Asia operations team
TPG Capital has appointed Zubin Irani, previously of United Technologies Corporation (UTC), as a managing director within its Asia Pacific operations group.
Hahn & Co-backed Cowell e Holdings targets $153m offering
South Korea-focused GP Hahn & Co. is set to make a partial exit from electronics manufacturer Cowell e Holdings as the company seeks to raise up to HK$1.19 billion ($153 million) through its Hong Kong IPO.