Industry
India Awards: Financial Advisor of the Year – Ernst & Young
Ranjan Biswas, national director for transaction advisory services for Ernst & Young India, looks at the role financial advisors can play in facilitating private equity transactions.
India Awards: Legal Advisor of the Year – Khaitan & Co
An effective legal advisor needs TO be on top of the latest regulatory developments. In India this is perhaps easier said than done. In the past six months, various regulators have move forwards then backwards on put and call options, taken PE firms to...
India Awards: PE Deal of the Year – Hero Honda Motors
India sees few big-ticket private equity deals outside the infrastructure space. Securing a stake in a leading player in the automotive sector is even rarer. Bain Capital is therefore all too aware that its investment in Hero Honda Motors in March isn’t...
India Awards: Fundraising of the Year – Everstone Capital
For all the concerns raised about the prospects for Indian fundraising in 2012, fund managers with strong track records – whether spin-outs, franchise reboots or longstanding players – should still be able to attract capital. This notion holds up when...
India Awards: Private Equity Firm of the Year – Actis
Actis' exit from Paras Pharmaceuticals was not the most predictable of home runs. Strategic investors have slipped into the Indian healthcare sector over the last few years, principally targeting service providers whose business models can be replicated...
India Awards: AVCJ Special Achievement Award – Ashish Dhawan
Ashish Dhawan, co-founder of ChrysCapital Investment Advisors, is in the process of leaving his role of senior managing director. He looks back at the firm’s emergence and forward to his future plans
Fund concessions: A tailored fit
The fees debate might not have arrived in Asia, but a string of other LP demands has. Fund managers must manage their investors as carefully as their investments
The growing importance of investor relations
As Asian private equity continues to evolve into a true asset class, the role of investor relations and fundraising professionals has become increasingly important. Over the years, I’ve watched as private equity firms place ever more emphasis on the role,...
Archer Capital closes fifth fund at $1.5b
Australia’s Archer Capital has closed its fifth fund at A$1.5 billion ($1.52 billion), having spent less than four months in the market. The vehicle, which counts domestic and international institutions among its investors, was significantly oversubscribed....
CVC's second Asia fund sees value drop by 10%
CVC Asia Pacific’s second regional fund, which closed in 2005 at $1.975 billion, has reportedly lost 10% of its investment value due to failing portfolio companies such as Australian television network Nine Entertainment.
The year that was
Asia’s private equity industry began 2011 on a high. With the recession apparently in the tail view mirror, Asian investors were rearing to invest and raise – as were global investors, who were energized by the prospects of the region’s top markets, growth...
Asian private equity to return to full force in 2012?
As it is customary for this time of the year, many of the professionals in Asian private equity are beginning to go on their holidays. While dealmaking activity continues for some of the harder working ones, it is clear that activity is becoming slower....
Kotak Realty raises $98.2m for properties fund
Kotak Realty Fund has raised INR5.23 billion ($98.2 million) from domestic LPs for a fund that will provide high-yield debt instruments to real estate developers.
TPG considers investment into Takefuji - report
TPG may be considering making a much-needed investment into debt-ridden Japanese consumer lender Takefuji, coming as the latest effort to prevent the firm from liquidating.
OneGate, Catalyst set up Sino-Israeli fund manager - report
Shanghai-based private equity fund OneGate Capital and Israel's Catalyst Investments have set up a fund manager called China Israel Technology Fund Management Company.
New China Life places at bottom of pricing range in dual listing
New China Life Insurance, which is part-owned by several private equity firms, has priced at the bottom of its range to raise $1.9 billion in its dual Hong Kong and Shanghai listing, becoming the latest player to see disappointing results in Greater China....
Prudential, Woori in mix for Tong Yang stake - report
Trade players including US-based insurance major Prudential Financial and Korean financing services firm Woori Finance Holdings are reportedly considering bids for South Korea's Tong Yang Life Insurance, which is 60.7%-owned by Vogo Fund.
New Chinese rules clamp down on illegal fundraising
Illegal fundraising in China could soon be a thing of the past, as the country has issued its first national regulations for private equity and venture capital investment.
Pencarrow fund holds first close on $59m
New Zealand-based Pencarrow Private Equity has held a first close of its fourth private equity fund on NZ$77 million ($59 million).
Warburg becomes an investor in Haitong IPO
Warburg Pincus Private Equity has become a cornerstone investor in the IPO of Chinese brokerage Haitong Securities, buying $210 million worth of shares as part of a potential $1.7 billion raise by the company.
Gaming & Entertainment: PE places its bets?
Asia’s gaming culture – and casinos in particular - is a hotspot for growth. But with so much at stake, why aren’t more private equity investors placing their bets?
Sharing ideas in India
I was in India last week for our local event, the final one of the year, which successfully took place in Mumbai. As usual, key executives of the local private equity industry got their chance to share their views on the market with their peers from other...
Corporates link for Malaysian resources fund
Malaysia-based Warrants Capital, a subsidiary of telecommunications firm Silver Ridge Holdings, is reportedly planning a $500 million private equity vehicle with Hong Kong-based partner Huatai Financial Holdings, called the Huatai Von Malaysia Fund, to...
Advent makes first close of Advent 6 fund
Australia and New Zealand-focused Advent Private Capital has held the first close of its Advent 6 fund, and has confirmed commitments of nearly A$100 million ($102.3 million).