Industry
India private equity: taking up the challenge
Navigating promoters, public markets and PIPEs
India emergent
Whether you follow US President Barack Obama’s line that India has already emerged or not, there is no doubt that Asia’s other great continental economy is now being viewed internationally as one of the key pivots in the great transfer of macroeconomic...
H&Q Korea completes divestment of NPS-sponsored Fund I
H&Q Korea has completed the full divestment of its first domestic Korean fund, the H&Q NPS Private Equity Fund I (PEF I), which closed in October 2005 at KRW300 billion ($293 million), with the sale of its last portfolio company, KSNET, a leading payments...
Legalese in India
There is no question that India's macroeconomic indicators make it a compelling market.
Chinese M&A lawyer Chow joins Davis Polk
Global law firm Davis Polk has announced that leading PRC and Hong Kong M&A lawyer Paul Chow will join the firm as a partner in their Hong Kong office.
Bery, JPMorgan reach amicable conclusion
JPMorgan and Varun Bery have jointly announced that they have reached an amicable resolution to their recent dispute, which will result in the latter providing private equity consultancy services to JPMorgan.
Insights from the India Web Seminar 2010
An online panel aired ahead of the 11th annual AVCJ India Forum explored the economic outlook for India, the abundance of uninvested capital in the market and difficulties for foreign firms in highly regulated sectors.
Ariston confirms new infrastructure fund
Indian financial services group Ariston Capital Services Pvt. Ltd. has confirmed the launch of its new infrastructure fund, the Ariston IET Infrastructure Fund 1, targeting INR 1,200 crore ($265 million) with a greenshoe option of INR300 crore ($66 million).
Deutsche Bank invests Japan Industrial Solutions fund
Deutsche Bank in Tokyo has announced its commitment to invest in a business revitalization fund to be initiated by Japan Industrial Solutions Co., Ltd. (JIS), established by the Development Bank of Japan (DBJ), Sumitomo Mitsui Banking Corporation (SMBC),...
Wilshire Private Markets appoints Gary Gabriel from Future Fund as Managing Director for Asia Pacific
Wilshire Associates private equity division Wilshire Private Markets has appointed Gary Gabriel, formerly Head of Private Markets at Australia's Future Fund, as MD, responsible for the Asia Pacific region and for heading up its Canberra office.
ADB to invest $20 million in AmInvestment's Asia Water Fund
The Asian Development Bank (ADB) has announced that it will be committing $20 million to the Asia Water Fund, a vehicle backed by AmInvestment Group of Malaysia targeting investments into water and wastewater assets in mainland China and Southeast Asia.
Carlyle gets Taiwan telecom regulator clearance for Kbro sale
The Carlyle Group has received approval from Taiwan’s media and telecoms regulator, the National Communications Commission, for the sale of its local cable TV and broadband asset Kbro to the Tsai family, for some T$36 billion ($1.2 billion). Carlyle...
Paul Calello, Credit Suisse Investment Bank Chairman, dies at 49
Paul Calello, Chairman of the Investment Bank of Credit Suisse and the former CEO of Credit Suisse in Asia Pacific, died in New York of non-Hodgkin’s Lymphoma on Tuesday, November 16th. He was 49.
First State Super, Health Super to create one of Australia's top five superannuation funds through merger
Australian superannuation funds First State Super and Health Super have announced their intention to merge, creating a combined entity with some A$28 billion ($27.5 billion) under management and 750,000 contributing members.
Kobre & Kim opens in Hong Kong for international litigation, fund and regulatory practice
US law firm Kobre & Kim LLP, which focuses on litigation, arbitration and investigations, has announced the opening of its first Asian office, in Hong Kong, to be led by William McVovern, a former Executive Director at Morgan Stanley in Hong Kong and...
New BCG/IESE study sees emerging markets "come of age" as returns improve
A new joint study released by the Boston Consulting Group and the IESE Business School, based on analysis of data from the International Finance Corporation (IFC), has highlighted the increasingly strengthening returns from private equity in emerging...
Broad sunlit uplands?
The annual Asian gathering of all the best and brightest in the region’s private equity concluded with an upbeat mood that few would have predicted the same time a year ago.
WL Ross confirms resignation of MD Ranjeet Nabha
WL Ross & Co. has confirmed to AVCJ that Managing Director and CEO Ranjeet Nabha, who headed the firm's Indian operations, has resigned, with no successor yet chosen.
Beijing Financial Assets Exchange allows PE funds to be listed
China has implemented a new policy that allows private equity fund positions to be traded on the Beijing Financial Assets Exchange (BFAE), according to the official announcement on its website.
Partners Group opens in Korea under Cho
Leading global private markets asset manager Partners Group has announced the opening of an office in Seoul, to be led by Alex Cho, Head of Korea and hitherto a Senior VP with the firm's Investment Solutions department.
LPs back on course
AVCJ Forum sees LP optimism, assertiveness
Picking the winners
“Active management works,” was the resounding message of the keynote address given by Steven Barnes, MD of Bain Capital at the AVCJ Forum.
Asia Pacific private equity: out of the tunnel
PE leaders at AVCJ Forum draw lessons from the Crisis
Alvarez & Marsal appoints Jones and Stratton as Asia co-heads
Alvarez & Marsal, the New York-headquartered professional services firm appointed Thomas L.Jones, MD at the firm, and Oliver Stratton, former head of Bain & Co.’s Hong Kong office, as co-heads of the firm’s business in Asia, in the wake of increasing...