Industry
JAFCO Asia plans fifth tech-focused fund
JAFCO Asia is targeting early 2011 to begin fundraising for its fifth fund totaling $150 million, according to reports.
Mass PRIM backs SAIF in first emerging markets commitments
Massachusetts Pension Reserves Investment Management Board (Mass PRIM), the $44.2 billion Boston-headquartered pension system for teachers and employees of the state of Massachusetts, has made its first commitments to emerging markets private equity,...
Archer makes $200 million bid for Australia's Boom Logistics
Archer Capital has made an A$240 million ($200 million) bid for Australia’s Boom Logistics Ltd., a crane and construction equipment rental business with substantial exposure to the mining and resources sector.
Riverside invests Oz medical evaluator MLCOA
Global SME-focused private equity firm The Riverside Company has invested an undisclosed sum in Australian medical consultancy MLCOA, marking Riverside’s second acquisition in the market.
Dupont leaves Coller
Daniel Dupont, Partner at global secondaries investor Coller Capital, has resigned his post after more than a decade with the company.
Mekong Capital divests Vietnamese retailer Mai Son
Mekong Capital has fully offloaded its investment in Vietnamese luxury fashion retailer Mai Son Joint Stock Company, for an undisclosed amount.
Shan quits TPG for own fund
Weijian Shan, hitherto Managing Partner with TPG Capital in Hong Kong and a leading regional investor for the firm, has now stepped down from his post in an apparently friendly departure, looking to form a new fund of his own.
CPPIB to boost exposure in Asia in 2010
North American LP the $120.8 billion Canada Pension Plan Investment Board (CPPIB) aims to boost its exposure in emerging markets this year, particularly in Asia, Mark Wiseman, CPPIB's EVP for investments has said publicly.
Secondary buyouts: Second helpings?
Drivers and prospects for Asia Pacific’s handed-on assets
China CID's third fund oversubscribed at $400m
Chinese venture capital and private equity firm CID Group Ltd. announced the closing of its third venture capital fund, CID Greater China Venture Capital Fund III, LP, at $400 million, surpassing the company's target.
TSMC invests Walden fund
Taiwan Semiconductor Manufacturing Co (TSMC), one of Taiwan's largest listed chipmakers, has invested $5 million in a new Shanghai Walden Semiconductor Venture Capital Investment Enterprise fund, which targets chip design start-ups in the PRC semiconductor...
China Everbright sells Everbright ALAM stake to Ashmore
China Everbright Ltd. has sold up to a 39% stake in Everbright ALAM, its investment manager specializing in China real estate currently co-owned with RQSI Ltd., to Ashmore Investment Management, a specialist emerging markets asset manager.
ChrysCapital to give back $300m
Leading Indian private equity firm ChrysCapital Management is to return $300 million of the capital from its ChrysCapital Fund V - India's biggest dedicated fund to date at $1.25 billion - to its LPs, citing a poorer market climate and limited opportunities...
Asian SWFs ramp up in North American oil and gas
Dearth of Western investment post-GFC opens door to Asian players
Location, location, location
Hong Kong and Singapore residents have long been used to the competition between the two regional centers in terms of quality of life, friendliness to business, and just about every other metric going.
Sarona supports SEAF India fund, MicroVest
Sarona Asset Management Inc., a Canadian boutique investment firm, has committed capital to SEAF India Agribusiness International Fund, the agricultural fund of the Small Enterprise Assistance Funds group, and MicroVest II, a fund supporting microfinance...
Uni-President launches RMB fund
Uni-President Enterprises Corp., the Taiwanese foodstuffs conglomerate, is forming an RMB private equity fund to invest in China's foods and consumer space, seeking RMB1-3 billion ($146-440 million), according to PRC reports.
TIAA-CREF loses Schwartz, merges units
Teachers Insurance and Annuity Association - College Retirement Equities Fund (TIAA-CREF), the $363 billion US asset management group and institutional investor, is merging its alternative investments and global private markets groups after the departure...
CICC targets $300m fundraising
China International Capital Corp. (CICC), the country’s biggest investment bank, targets to raise a $300 million private equity fund this September, seeking to achieve an annual IRR of 25% from domestic private equity opportunities.
Partners Group Dubai office targets MENA, India
Swiss alternative asset manager Partners Group has announced the opening of a new office in Dubai, seeking to tap both the MENA region and India.
GIC RE plans IPO for Japan assets
GIC Real Estate, the real estate arm of state-owned Government of Singapore Investment Corporation (GIC), is reportedly aiming to list a large portion of its property assets, potentially raising between $500 million and $1 billion, at an unconfirmed venue,...
Temasek arm does China food venture for Sing
Singbridge International Singapore Pte Ltd, a wholly-owned unit of Singapore SWF Temasek Holdings, has signed an agreement with the Municipal Government of Jilin province in northeast China to build a JV "food security" food zone.
S3 Investment launches Redwood Fund for China
OTC-quoted S3 Investment Company, a US investment banking and financial advisory firm seeking to tap the PRC market, has announced the launch of its Redwood Asia Fund, a growth capital private equity fund targeting opportunities in China and Mongolia.
HK's Quam teams with Abu Dhabi in new fund
Abu Dhabi’s state-owned Invest AD, formally known as Abu Dhabi Investment Company, and Hong Kong-based financial group Quam Ltd. are seeking $50 million for a joint fund named The Quam Middle East fund.