Industry

CIC's Yingru Li joins China Asean Fund

Yingru Li, previously MD in charge of private equity fund investments and co-investments at PRC SWF the China Investment Corp. (CIC), has been appointed co-Chief Investment Officer of the China Asean Fund, a $1 billion infrastructure-focused vehicle supported...

Who's got talent?

Along with the rest of the world, private equity firms – and their investee companies – put the brakes on hiring through the financial crisis.

Capital Dynamics launches Oz-led cleantech platform

Switzerland-headquartered private equity asset management firm Capital Dynamics is launching a cleantech direct investment initiative, to be led initially from Brisbane in Australia, the base for David Scaysbrook, newly appointed MD in the Clean Energy...

KIC allots $200 million for Chesapeake

South Korean SWF the Korea Investment Corporation (KIC) has said that it will invest $200 million as part of its participation in the $900 million stock issue by heavily indebted US natural gas and energy company Chesapeake Energy.

  • LPs
Laskowski back for Citi in Asia

Citi has announced the appointment of veteran private equity banker Chris Laskowski as Head of its Financial Entrepreneurs Group Asia Pacific and COO for Global Banking in the region.

Shan joining Pacific Alliance as CEO

After earlier reports that he was going to form his own independent private equity firm, Weijian Shan, previously Managing Partner with TPG Capital in Hong Kong, is now going to join Pacific Alliance Group (PAG), the Hong Kong-headquartered private equity,...

Taizinai ex-chairrman under arrest

Li Tuchun, former founding chairman of troubled Actis, Goldman Sachs and Morgan Stanley drinks manufacturer investee Hunan Taizinai Group, has been arrested by mainland authorities on suspicion of embezzling state funds, according to PRC media reports....

Olympus hires Nomura's Katayama

Hong Kong-headquartered Olympus Capital Holdings Asia has appointed Shunji Katayama, 48, a former investment banker at Nomura Holdings Inc., as a Managing Director, based in Tokyo.

Results, however volatile, in China
Results, however volatile, in China

According to the recent AVCJ Private Equity and Venture Capital Report China 2010, around $12.9 billion was invested into the PRC over 2009, accounting for just under 30% of all private equity investment in Asia, China’s highest total ever by market share....

Asia Pacific: No longer far away
Asia Pacific: No longer far away

Despite predictions by some forward-looking industry figures that China may move ahead to supplant the US within a couple of generations as the world’s biggest private equity market, the US remains the fulcrum of global private equity.

Asian private equity – size does matter?

As a house publication for an industry that was little understood and less visible throughout all but its most recent history in Asia Pacific, AVCJ has long leaned towards the optimistic in its portrayal of the impact of private equity in the region....

Primus Nan Shan deal amended

Primus Financial Holdings and China Strategic Holdings Ltd. have amended their $2.15 billion joint agreement to buy Nan Shan Life Insurance Company in Taiwan from American International Group, Inc., placing $325 million in an escrow account for a four-year...

Temasek slated for $300 million in AgBank IPO

Singapore SWF Temasek Holdings is now looking to invest some $300 million in the upcoming listing of Agricultural Bank of China, which is expected to raise between $20 billion and $30 billion in the world's biggest IPO to date, according to reports.

Kleiner, Sequoia, Walden-backed Auto Navi goes to NASDAQ

Sequoia Capital, Kleiner Perkins and Walden International investee AutoNavi Holdings Ltd., a provider of digital map content and navigation services in China, filed with US regulators on Wednesday to raise up to $100 million in an initial public offering...