Funds
Partners Group provides mezz financing for PEP's Collins Foods
Partners Group has provided mezzanine debt financing for Collins Foods Group, the largest Kentucky Fried Chicken (KFC) franchisee in Australia and invested by Pacific Equity Partners (PEP), for an undisclosed amount.
Helion, Accel invest $2.8 million in Indian fashion site Exclusively.In
Accel Partners India and Helion Venture Partners have jointly invested $2.8 million into Indian membership-only fashion, jewelry, home decor and travel web destination Exclusively.In, in the company's first institutional and angel round of funding, according...
Hopu principals retiring, diverging: reports
Despite the firm's earlier denials to AVCJ, Hopu Investment Management may in fact be in the process of spinning out its present investments and looks to be on track to dissolve its current vehicle as founders Fang Fenglei and Richard Ong pursue separate...
Mezzanine Q&A: Joseph W. Ferrigno III
The Managing Partner at AMCG Investors talks about mezzanine after the crisis, new opportunities for deal flow, and why LPs should be looking to the asset class as a means of diversification.
Debt and restructuring offer new definitions of an old favorite
Media-transmission satellites, anhydrous industrial alcohol, thenardite mineral rock, Australian pubs and Vietnamese casinos are all among the reasons why industry insiders insist that there is very little to be worried about for Asia Pacific distressed...
The changing face of venture
With the US back on the radar as the market of choice for the best and brightest in TMT, where do Asian companies fit into the picture, and how are VC funds finding them early enough to make a profit?
China winning out?
Mass media have imprinted characteristic images of China on the public’s awareness: a populous country experiencing high-velocity economic growth representing the positive aspects of the nation; but juxtaposed alongside this, the negative impressions...
Asian funds: arithmetic or geometry?
Private equity has been forced to deal with rising levels of skepticism and caution post the GFC, with much of it reserved for leading industry brand names – generally the major buyout vehicles.
Mandhana appointed as IDFC PE Managing Partner
IDFC has announced the appointment of Satish Mandhana, formerly Managing Director with IDFC Private Equity, as Managing Partner and head of the firm, succeeding Luis Miranda, who will now step down to be non-executive chairman of IDFC PE.
Steamboat Ventures invests $10 million in Chinese luxury shopping site Shangpin
Steamboat Ventures has invested $10 million in shopping site Shangpin.com, according to an executive at the VC firm, as part of a second round of fundraising for the Chinese domain.
Infinity invests in Harbin tools manufacturer
Infinity Group, the Israel-originated PRC-focused investment group, has announced an investment of RMB120 million ($18 million) in Harbin No.1 Tools Manufacturing Co. Ltd., a state-owned company which, according to the firm, is a major research and production...
Intel Capital invests China digital surveillance withNetPosa
The Intel Capital China Technology Fund II is to invest Beijing's NetPosa Technologies, a Chinese provider of digital surveillance systems, for an undisclosed sum, as part of a strategic cooperation agreement with Intel Corp. that involves the company...
State-backed The Innovation Network Corporation of Japan invests cancer drug company Anaeropharma Science
The Innovation Network Corporation of Japan (INCJ) will inject JPY700 million ($8.7 million) in Anaeropharma Science, a privately-held biopharmaceutical company based in Tokyo, according to Japan's Nihon Keizai Shimbun.
DE Shaw's Gaudio to move to Hong Kong
DE Shaw has announced that Julius Gaudio, one of its executive committee and joint supervisor of its asset management division, will relocate to its Hong Kong office, becoming the firm's first executive committee member to be based in Asia.
Permira retains ex-Nokia Ho as Senior Advisor
Permira has announced the appointment of David Ho, former President of Nokia in China, as a Senior Adviser with the firm, charged with aiding the firm in identifying investment opportunities in Greater China.
New Robeco cleantech f-o-f seeks emerging Asia propositions
Dutch asset management firm Robeco Group has said that it is seeking to target opportunities in China and India, plus other Asian markets, for its Robeco SAM Clean Tech Private Equity III fund of funds, which continues to aim at a $500 million closing...
HarbourVest moves Flower to Hong Kong to support secondaries
HarbourVest Partners has relocated Tim Flower, a Vice President based with the firm's London office since 2008, to Hong Kong to head up its new push for secondaries investments around Asia Pacific.
BlackBerry Partners fund plans to raise $150 million to invest BRIC mobile opportunities
BlackBerry Partners Fund, a VC firm backed by Research In Motion Ltd., Thomson Reuters, Royal Bank of Canada and other major investors, reportedly plans to raise at least $150 million for a new vehicle to make investments in mobile-phone software companies...
Capital Dynamics hires former AIC CEO Kobayashi as MD to head new Tokyo office
Capital Dynamics, the Switzerland-based alternative investment group, has appointed Kazushige Kobayashi, previously president and CEO of Japan's Alternative Investment Capital (AIC), engaged in funds-of-funds, as an MD to head its new Tokyo office.
Korea Finance Corp. may launch PE fund to buy investee Hynix Semiconductor
Government-run Korea Finance Corporation (KoFC) is contemplating the launch of a private equity fund that would acquire current investee Hynix Semiconductor Inc., the world’s second-largest memory chip manufacturer.
VC-backed Dangdang plans $1 billion NASDAQ IPO
Dangdang, China's largest online book retailer, reportedly will debut on NASDAQ next month, aiming to raise $1 billion.
European Union agrees private equity/hedge fund legislation
The European Parliament and European Union member states have finally agreed upon new EU regulations for private equity firms and hedge funds operating inside the EU.
Sequoia-controlled Mecox Lane raises $129 milllion in NASDAQ IPO
Sequoia Capital-controlled Mecox Lane Ltd., China’s largest mail order service provider, raised $129 million, or $11 per share, from its IPO, offering American depositary shares on NASDAQ.
Foster's still open to private equity offers for wine unit
David Crawford, Chairman of Australia's Foster's Group, publicly said the company will still entertain offers from private equity groups for its wine business, while repeating that a c.$2.46 billion offer, reportedly from Cerberus Capital Management,...