Low interest rates have restricted the scope for foreign private debt and mezzanine funds in Japan, though offering bespoke solutions to local businesses is an attractive opportunity, say industry participants.
China Everbright has invested an undisclosed sum in AVIC Precision Casting Science and Technology, an affiliate of Chinese state-owned aerospace and defense company Aviation Industry Corporation of China (AVIC), via its RMB Mezzanine Fund.
Whether it is mezzanine for buyouts or growth financing for family businesses, Christopher Heine, head of Asia Pacific at Intermediate Capital Group, wants to be seen as a partner rather than just another capital provider
Intermediate Capital Group (ICG) has invested an undisclosed sum in Time Education, a privately-owned education company in Korea that provides tutoring services from kindergarten through high school.
Babson Capital Management has reached a final close of $177.2 million on its latest Asia-focused mezzanine fund.
The rise of holdco PIK debt has created Australia-based financing structures in which senior lenders and mezzanine providers can coexist. They also offer GPs greater flexibility at what is, for now, an acceptable price
Mizuho Capital Partners has launched its third fund focused on small- to medium-sized enterprises (SMEs) with initial commitments of JPY20.6 billion ($170 million).
IL&FS Investment Managers Limited (IIML), Franklin Templeton and Asia Mezzanine Capital Group (AMCG) have exited SFO Technologies, a leading Indian technology manufacturer.
Darby Private Equity, the private equity arm of Franklin Templeton Investments, has exited its holding in Chinese furniture manufacturer Shayne International Holdings for an undisclosed sum.
Japan's Nishi-Nippon City Bank (NCB) has set up a JPY5 billion ($42 million) fund in cooperation with Development Bank of Japan (DBJ) and Regional Economy Vitalization Corporation of Japan (REVIC).
Mizuho Capital Partners is set to launch a new JPY30 billion ($277 million) mezzanine fund which will support Japanese small- to medium-sized enterprises (SMEs) in the form of subordinated loans and preferred shares.
United Overseas Bank (UOB) has teamed up with Orix Corp. to launch a $200 million Southeast Asia mezzanine fund. Wee Yap Yeo, head of mezzanine capital at UOB, explains the strategy
Darby Private Equity, a PE arm of Franklin Templeton Investments, has committed an undisclosed sum to Enzen Global Solutions, an Indian engineering consultancy.
Whether disillusioned by the returns from conventional private equity or seeking to diversify their exposure, LPs are more open to Asia credit strategies. The returns are there, provided you pick the right strategy.
The Overseas Private Investment Corporation (OPIC) has made commitments to Quadria Capital South and Southeast Asia-focused healthcare fund and CX Partners’ India mezzanine fund.
Franklin Templeton is looking to raise up to INR6 billion ($100 million) for its second India-focused private equity fund.
Kendall Court has acquired Intrepid Mines’ interest in the Tujuh Bukit copper-gold project in Indonesia for $80 million, ending the Australia-listed resources company’s long-running ownership dispute over the asset.
India's Piramal Enterprises is to form a $500 million realty debt fund with CPPIB Credit Investments,, a subsidiary of the Canada Pension Plan Investment Board (CPPIB).
Tokio Marine & Nichido Fire Insurance is to launch a new mezzanine fund with a target of JPY 30 billion ($294 million).
Intermediate Capital Group (ICG), a global mezzanine specialist, and Japanese investment bank Nomura Holdings have together launched a joint venture to manage a Japan-focused mezzanine fund. Each will the contribute JPY10 billion ($98 million).
Specialist asset manager Intermediate Capital Group (ICG) has hired Nyree Hu as Asia director with its 11-strong global distribution team.
China Private Equity Investment Holdings (CPE) is to invest $1 million in Adamas Asset Management's $275 million Greater China Credit Fund. The vehicle has received commitments from around 35 LPs and is on course to reach a first close of $78 million...
China’s Kunwu Jiuding Capital plans to raise a renminbi-denominated mezzanine fund to provide local companies with debt solutions where pure equity is not appropriate.
Asia Mezzanine Capital Group (AMCG) has invested in $30 million in Chevalier International Holdings, aiding its acquisition of Australia's Moraitis, a fruit and vegetable wholesaler backed by Catalyst Investment Managers. AMCG provided the financing via...