Funds
TPG said to be supporting Alinta restructuring
TPG Capital has been in discussions with Alinta Energy, one of Australia's leading power generation groups, for its debt investment arm to support a restructuring of the business as it explores options, including asset sales, to pay off some A$2.7 billion...
China Kanghui sees NYSE IPO rise
VC-backed PRC orthopedic implants manufacturer China Kanghui Holdings saw its shares rise some 3.8% from $10.25 to $10.64 on its NYSE debut, the middle of its planned pricing range, raising some $68.4 million.
Macquarie SBI fund picks up Quippo stake
The Macquarie SBI Infrastructure Fund has made an INR1400 crore ($304 million) investment in Viom Networks, a cellular telecoms tower company formerly known as Quippo-WTTIL, for 11% of the group, with another investor, possibly WL Ross & Co., also participating.
Inno Group refocuses Indian investments into in-house projects
Real estate and infrastructure-focused private equity firm Inno Group has shifted its investment strategy in India away from third-party investment in favor of its own development projects in the market in an effort to corral its risks.
New York Pacific Capital to raise RMB1 billion fund
US merchant banking player New York Pacific Capital is to raise an RMB1 billion ($147.6 million) private equity fund based out of Beijing, focused on investments into high-growth PRC companies across the healthcare, clean tech, education, culture and...
Intel, JPM investee Trony pulls IPO
Trony Solar Holdings, a Shenzhen-headquartered thin-film solar power module manufacturer invested by Intel Capital and JPMorgan Special Situations, has withdrawn its planned NYSE IPO.
Indian Angel Network to launch incubation center
India’s largest group of angel investors, Indian Angel Network Services, is set to launch an incubation center to assist an estimated 30 start-up ventures in its first year – a sizeable endeavor as the consortium has signed just 16 deals over the...
Canaan invests e-shopping with Naaptol
VC firm Canaan Partners has invested some INR40 crore ($8.67 million) in India e-shopping site Naaptol.com, which claims to be the country's largest online shopping platform, for a 25% stake.
China's Keytone Ventures seeks $300 million for second fund
Joe Zhou's much-watched VC firm Keytone Ventures is reportedly looking to raise $300 million for its second fund, coming one year after it raised $200 million for its debut fund.
Ted Dow of DIF Capital Partners
Ted Dow, Managing Director of DIF Capital Partners, explains why domestic institutions have an adversity to mezzanine lending and how mezzanine lenders have reacted to disuse in the recent years.
Portfolio Advisors now open in Hong Kong
Portfolio Advisors, a leading Connecticut-headquartered private equity investment advisory and portfolio management firm, has recently opened a new office in Hong Kong, its first Asian presence, under director Jonathan English.
Japan's INCJ launching new VC funds
Innovation Network Corporation of Japan (INCJ), the government-owned fund, plans to launch intellectual property venture funds with special focuses including biotech, slating the end of this year.
Sonoma Management seeks $100 million for second fund
Pune-based Sonoma Management Partners (SMP) is to embark on a $100 million fundraising for its second vehicle, the India Buyout Fund II, dedicated to small-to-mid cap buyout targets in India’s technology sector.
Amit Chandra of Bain Capital
Amit Chandra, Managing Director of Bain Capital India, discusses why India tends to be over-built in its private equity industry and what that means for both short-term and long-term investments.
Anil Ahuja of 3i Asia Pacific
Anil Ahuja, head of 3i Asia Pacific, explains at length the investment opportunities within India’s infrastructure industry – noting that power, especially, offers investment options – and further discusses why entering infrastructure deals with...
Tim Sims of Pacific Equity Partners, Video 2
Tim Sims, Managing Director of Pacific Equity Partners, applauds vendors for not only turning the corner and selling their assets following a difficult 2009, but also making prices “full and fair” as they begin to reengage, and further discusses why...
Tim Sims of Pacific Equity Partners, Video 1
Managing Director of Pacific Equity Partners Tim Sims discusses how his firm stays true to the essence of private equity practice, and how these values are institutionalized in emerging talent in the industry
Equipsuper's Strachan to also manage Vision Super before merger
Chief Investment Officer of Australian superfund Equipsuper Michael Strachan is set to extend his leadership role to Vision Super, also a Victoria-based superfund, that will be merged with Equipsuper beginning in November, according to reports.
Temasek, IDG, JAFCO, KTBand, Granite invest $50 million in Tudou.com
Investors from VCs to SWFs have made a $50 million joint Series E investment in Tudou.com, one of the largest video sharing website operators in China, based in Shanghai.
China's Fujian province forms Taiwan-linked fund
Huifu Industrial Investment Fund Management Co., Ltd., the first cross-Straits industrial investment fund to be established in China, has been launched in Fuzhou with a target size of between RMB2-5billion ($295-738 million) in its first phase.
Cheung Kong's real estate fund invests $104 million in Malaysian asset
ARA Asset Management (ARA AM), the Singapore-based private equity real estate and REIT management affiliate of Cheung Kong Group, one of the largest conglomerates in Hong Kong, has invested RM333 million ($104 million) in the 20-storey 1 Mont’ Kiara...
JAFCO Asia, Hotung, Tokio Marine invest PRC PC game developer
An investment consortium comprising JAFCO Asia, Hotung Investment Holdings Ltd., and Tokio Marine Investment Services, the Hong Kong-based private equity affiliate of the Japanese parent, made an $8 million investment in UltiZen Games Ltd., a game development...
Qiming invests $10 million in two life science companies
Qiming Venture Partners, the PRC-focused early and growth stage VC company, has invested a total of $10 million in two life science research service companies, Sangon Biotech in Shanghai and Bio Basic Inc. (BBI) in Toronto.
Taiwan studies SWF plan
The Taiwanese government has set up a consultation process on plans for a potential sovereign wealth fund to manage some of the island economy's substantial state holdings, according to reports.