Industry
Monsoon Capital takes majority stake in Indian real estate development
Hedge fund Monsoon Capital is handing up to $10 million to real estate firm Value Designbuild as it finalizes a suburban villa project.
Nautiyal-backed Redwoods Capital plans $50 million India real estate fund
Indian asset management firm Redwoods Capital, founded by the former head of BNP Paribas India’s real estate business Anuj Nautiyal, is set to raise a domestic real estate fund with a preliminary target of $50 million.
SVB Finanical Group opens Beijing office
SVB Financial Group, the parent of Silicon Valley Bank, has opened an office in Beijing, to provide VC investors and hi-tech companies with advisory services including arranging RMB loans with local partners.
Blackstone, Olympus eye Guangdong Yinda Guarantee
Chinese credit guarantee firm Guangdong Yinda Guarantee Investment Group Co. has attracted the attention of private equity investors including the Blackstone Group and Olympus Capital looking to link with the company ahead of an anticipated IPO, local...
IFCI invests $6.7 million into Indian solar-power firm Titan Energy
IFCI Venture Capital has invested INR30 crore ($6.7 million) in Indian solar-module maker Titan Energy Systems Ltd., buying the firm a 12% stake in the company.
Warburg Pincus set to invest $50 million in liquid-storage firm IMC
Warburg Pincus is reportedly set to invest $50 million into major Indian liquid-storage provider IMC Ltd.
Harjit Bhatia forms Asia Growth Capital Advisors with ex Credit Suisse India, Southeast Asia team
Asian private equity veteran Harjit Bhatia has recently reemerged as Chairman and CEO of Asia Growth Capital Advisors, a private equity firm he founded along with his ex-partners at Credit Suisse Private Equity Asia.
ChrysCap invests $11.4 million into India's Pratibha Industries
ChrysCapital has injected INR50 crore ($11.4 million) in Indian water- and infrastructure-focused company Pratibha Industries Ltd. via its subsidiary Van Dyck.
Japan's GPIF to enter emerging markets equities
Japan's $1.4 trillion Government Pension Investment Fund (GPIF) is planning to begin investments in emerging markets equities for the first time after historically focusing on domestic bonds and securities, with 9% in developed-markets securities.
Vikram Lall appointed non-executive director at Elephant Capital
Vikram Lall, Brewin Dolphin Holdings’ former corporate finance director, has joined Elephant Capital as a non-executive director on the India-focused PE fund’s board.
KKR and Korea's NPS team up for Colonial US pipeline investment
Kohlberg Kravis Roberts & Co. (KKR) has joined forces with Korea’s National Pension Service (NPS) to take a 23.44% stake in Alpharetta, GA-headquartered Colonial Pipeline Company, in a deal said to be worth about KRW1 trillion ($895 million).
MVision recruits Macquarie's Michaela Sved as infrastructure Director
Placement agent MVision Private Equity Advisers has recruited Michaela Sved, formerly Head of Investor Relations for Macquarie Infrastructure Partners, as a Director.
Australian private equity: Behind the numbers
Judging by current data, one might think that Australian private equity has seen the best of times become the not-quite-so-good times.
Advantage grapples with Tokyo Star Bank leverage
Leading Tokyo-based buyout firm Advantage Partners has reportedly been looking for investors for its fully-owned investee, Tokyo Star Bank, a regional bank also based in Japan’s capital.
Placement agents in a new place?
Placement, usually a discreet and unsung link in the private equity value chain, has been thrust reluctantly into the limelight recently, following legal action in the US against a series of self-styled placement professionals, and increased tension along...
Caught in the currency crossfire?
With US/China tension continuing high on the currency issue, spare a thought for the private equity firms and LPs who have committed to China, and now face the prospect of political tensions upsetting their target markets, and even perhaps a trade war....
Canada's Teck sees CIC stake triple value
The CEO of Canadian diversified mining business Teck Resources Ltd. has emphasized the success of the China Investment Corporation (CIC)'s July 2009 $1.5 billion private placement into the company, which he said had tripled in asset value since the deal....
Sun Catalytix gets $9.5 million from Tata, Polaris
Indian conglomerate Tata Ltd. has led a $9.5 million Series B round of investments into US energy firm Sun Catalytix Corp., with existing financial investor Polaris Venture Partners making a new capital injection.
GIC, Temasek to list investees in return of big SGX IPOs
Global Logistic Properties Ltd. (GLP), the international logistics business owned by Singapore SWF the Government of Singapore Investment Corp. (GIC), plans to raise S$3.45 billion ($2.64 billion) in an SGX listing which could be the largest in Singapore...
Sehgal in litigation with SCPL in Singapore over bonus, Parkway exit
Sanjay Sehgal, currently Managing Partner and CEO at East West Capital, has filed a suit in Singapore's High Court against the firm where he was formerly a partner, Symphony Capital Partners Ltd., over a bonus allegedly due to him, including profits from...
SVCA Awards, Hall of Fame showcase Singapore's private equity and VC brightest
The Singapore Venture Capital and Private Equity Association (SVCA) has released the results of its inaugural SVCA Annual Awards, with winners recognized in four categories, as well as inducting five local VC and private equity pioneers into its Hall...
Brightrust PE Japan plans to debut fund of funds
Brightrust PE Japan Co., a Tokyo-based private equity firm, is planning to raise as much as JPY20 billion ($241.8 million) for its debut fund of funds, which will focus on investing in buyout opportunities with a special interest in the small-to-mid-cap...
Singapore's National Research Foundation plans startup fund
The National Research Foundation (NRI) of Singapore is to put S$50 million ($38.1 million) into a startup funding scheme to attract experienced entrepreneurial talent to the city-state and support locally-established startup companies, according to NRF...
King takes over for Asia Pacific M&A at Barclays Capital
Following earlier reports of his departure from the top Asian M&A role at Morgan Stanley, Edward King has now formally joined Barclays Capital as MD at its Mergers & Acquisitions, IBD Asia Pacific department.