Industry
Mayfield invests India's Centum Learning
Mayfield India Fund is set to invest INR40 crore ($8.7 million) into Centum Learning, a Bharti Group company that operates learning centers across India.
LP t&c issues as power balance shifts
The debate over the impact of the GFC on the balance of power between GPs and LPs has focused much on whether any power shift is real, or just cosmetic.
Actis settles differences over Nilgiri Dairy
Actis Capital has resolved its long-running dispute with the promoters of Nilgiri Dairy Farm, the Indian milk products group it took an ostensible control stake in for $65 million in 2006.
Australia's Allegro announces Fund II
Allegro Private Equity, the Sydney-based ANZ independent mid-market investor, has announced the launch of its Allegro Fund II, seeking to raise A$200 million ($176 million) or above.
Primus Nan Shan bid gets extension
The consortium led by Primus Financial Holdings and China Strategic Holdings, which has already inked an agreement to acquire Taiwan's Nan Shan Life Insurance from American International Group (AIG), has now announced a sought-after accord with the seller...
Japan, a Catch-22?
While Japan's estimated GDP growth sits at just 2.6%, China is forecasted to hit 9.6% growth in 2010.
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.
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,...
Shinsei Bank sacks four staff over pay
JC Flowers & Co.-owned Japanese lender Shinsei Bank will let go four foreign senior executives under new Japanese rules on annual compensation of individuals.
Korea's NPS to boost exposure in alternatives
South Korea's National Pension Service, the world’s fifth largest sovereign wealth fund, said it plans to boost its equity and alternative investment holdings.
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.
SocGen welcomes Japanese CEO for Asia Pacific
Societe Generale Corporate & Investment Banking has appointment Hikaru Ogata as Chief Executive Officer for its business in Asia Pacific.
Liu made Beijing corporate head at DLA Piper
DLA Piper's Steven Liu has been appointed Head of Corporate Practice in Beijing, with responsibility for private equity and VC coverage, the firm has announced
Coller Barometer shows slumping returns, soaring Asia
The latest edition of the Coller Capital Global Private Equity Barometer, polling 110 LPs worldwide, found respondents registering the full aftermath of the GFC, with the lifetime returns on their portfolios falling dramatically.
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
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.