LPs
Partners Group Dubai office targets MENA, India
Swiss alternative asset manager Partners Group has announced the opening of a new office in Dubai, seeking to tap both the MENA region and India.
GIC RE plans IPO for Japan assets
GIC Real Estate, the real estate arm of state-owned Government of Singapore Investment Corporation (GIC), is reportedly aiming to list a large portion of its property assets, potentially raising between $500 million and $1 billion, at an unconfirmed venue,...
Temasek arm does China food venture for Sing
Singbridge International Singapore Pte Ltd, a wholly-owned unit of Singapore SWF Temasek Holdings, has signed an agreement with the Municipal Government of Jilin province in northeast China to build a JV "food security" food zone.
Temasek makes ex-SGX Hsieh President
Temasek Holdings has appointed former Singapore Exchange CEO Hsieh Fu Hua as executive director and the new president of the $122 billion Singapore SWF.
Temasek loses Indonesia competition appeal
Singapore SWF Temasek Holdings has lost its final appeal before Indonesia's Supreme Court in an anti-monopoly case concerning its positions in cellular providers PT Telekomunikasi Selular (Telkomsel) and PT Indosat.
GESB Oz makes new appointments
Western Australia's Government Employees Superannuation Board (GESB) the state's largest superannuation fund at $10.4 billion, has just made two new Investment Strategist appointments: Kate Budiselik as real estate, infrastructure and multi-manager lead,...
CIC, KIC to invest in Chesapeake
Leading Asian SWFs the China Investment Corporation (CIC) and the Korea Investment Corporation (KIC) are reportedly joining a $900 million investment into heavily indebted US natural gas and energy company Chesapeake Energy.
Edelweiss, Elephant join Axis Private Equity bidding
Two more bidders for Axis Private Equity, the private equity arm of Axis Bank, have been identified as Mumbai financial services group and special situations investor Edelweiss Capital and AIM-listed private equity firm Elephant Capital.
CPPIB/OTPP reach end of road with Transurban
Target rejects higher bid with “no logic”
Patient capital?
Going by some informal feedback to AVCJ, one could be forgiven for thinking that many LPs have learned nothing from the GFC.
IL&FS, Darby, others bid for Axis Private Equity
Six bidders, including veteran Indian private equity firm IL&FS Investment Managers and Darby Private Equity, as well as Aditya Birla Private Equity and Shapoorji Pallonji Group, are apparently bidding for Axis Private Equity, following parent Axis Bank's...
CIC invests Penn West oil sands
China Investment Corporation has continued the recent trend of PRC investment in Canada's northern oil sands regions, paying C$817 million ($801 million) for 45% of energy trust Penn West's Peace River project.
China: Hope and Reality?
The state of the hottest investment destination
Celaya made fundraising head for IFC AM
Haydee Celaya, the former Director of the Private Equity and Investment Funds Department at the International Finance Corporation (IFC), has been appointed Head of Fund Raising and Marketing for IFC Asset Management Company, the IFC subsidiary managing...
NBIM to open in Singapore
Norges Bank Investment Management (NBIM), the manager of the $435.5 billion Norwegian Government Pension Fund, has announced plans to open a Singapore office to complement its current Asian presence in Shanghai.
And the second shall be first
Secondary deals, forecast for months now to see significant new volume across Asia Pacific, are fulfilling those predictions, as GPs pass investees from hand to hand.
Transurban rejects higher CPPIB/OTPP bid
Australian toll road major Transurban Group has rejected a higher takeover bid of A$7.2 billion ($6.4 billion) from the Canada Pension Plan Investment Board (CPPIB) and the Ontario Teachers’ Pension Plan (OTPP), along with local fund manager CP2 Ltd....
Triple A Partners allies with Japan's OGI Capital
Hong Kong-based investment firm Triple A Partners and OGI Capital Partners (OGICP), a Japanese discretionary investment manager, have announced a partnership to increase services to Japanese institutional investors who want to strengthen their global...
GIC SI invests Fortis
GIC Special Investments, the private equity and alternatives arm of the Singapore SWF, is making an $84.5 million investment in India's Fortis Healthcare, for around 6.58% of the company's expanded capital.
CPP IB OTPP Transurban bid may fail on share sale
The Canada Pension Plan Investment Board (CPP IB) and Ontario Teachers' Pension Plan (OTPP)’s joint A$6.8 billion ($6.2 billion) bid for Australian toll roads operator Transurban Group may fail due to the target's decision to sell A$542 million ($490.5...
Citi hires Ahmad for SWFs
Citi has announced the hire of Zubaid Ahmad for the newly-created role of Vice Chairman of its Institutional Clients Group, with a brief to lead Citi's global coverage of sovereign wealth funds.
Ex CalPERS Buenrostro, Villalobos sued for fraud
Former California Public Employees' Retirement System (CalPERS) CEO Federico Buenrostro Jr. and former CalPERS board member Alfred Villalobos have been sued by California State Attorney General Edmund Brown on fraud charges, including alleged attempted...
Temasek moves into Canada/Panama mining with Inmet
Singapore SWF Temasek Holdings has invested C$500 million ($488 million) in Toronto-listed Inmet Mining Corp., for around 14.15% of the company.
Korea GPs showcased to US LPs
South Korea's Ministry of Knowledge Economy and Korea Trade-Investment Promotion Agency have jointly organized a roadshow in California this week that showcases Korean investment firms, including Aju IB Investment, KT Capital, and SWF Korea Investment...