Industry
JPMorgan moves Chatterji to India
JPMorgan has transferred Rohit Chatterji, hitherto head of Asia debt capital markets, to India, where he will be Vice Chairman and Head of Investment Banking for the Subcontinent.
Citi hires Ahmad for SWFs
Citi has announced the hire of Zubaid Ahmad for the newly-created role of Vice Chairman of its Institutional Clients Group, with a brief to lead Citi's global coverage of sovereign wealth funds.
Partners Group fund raised $680 million, over target
Partners Group, the Switzerland-based private markets investment manager, has closed its latest Partners Group Global Value 2008 fund at EUR537 million ($680 million), exceeding its target of EUR500 million ($634 million).
Ex CalPERS Buenrostro, Villalobos sued for fraud
Former California Public Employees' Retirement System (CalPERS) CEO Federico Buenrostro Jr. and former CalPERS board member Alfred Villalobos have been sued by California State Attorney General Edmund Brown on fraud charges, including alleged attempted...
Choi steps down at VinaCapital fund
Dr. Jonathan Choi, a non-executive director at the London AIM-listed VinaCapital Vietnam Opportunity Fund, has resigned from his position.
IFC may back Asia water fund
The International Finance Corporation is considering an investment into the AmKonzen Asia Water Fund, a new Singapore-based vehicle targeting to raise up to $100 million for investments into PRC and Southeast Asian water projects.
NZ social infrastructure fund raises $29.5 million in IPO
The New Zealand Social Infrastructure Fund (NZSIF), a public-markets vehicle launched to invest in the Public Infrastructure Partners (PIP) Fund, has raised NZ$41 million ($29.5 million) from retail investors through an IPO.
General Atlantic may see Patni founders exit to NTT
General Atlantic may see the founding entrepreneurs in Indian investee Patni Computer Systems sell their combined 46.5% stake to Japan's NTT Data Corp., for up to $936 million.
Temasek moves into Canada/Panama mining with Inmet
Singapore SWF Temasek Holdings has invested C$500 million ($488 million) in Toronto-listed Inmet Mining Corp., for around 14.15% of the company.
Korea GPs showcased to US LPs
South Korea's Ministry of Knowledge Economy and Korea Trade-Investment Promotion Agency have jointly organized a roadshow in California this week that showcases Korean investment firms, including Aju IB Investment, KT Capital, and SWF Korea Investment...
ICICI Venture sees fresh senior exits
ICICI Venture is seeing more departures by key senior personnel, with reports that Jayanta Banerjee, a president in its private equity practice, resigned earlier this week together with directors Anand Vyas and Sunay Mathure, to start their own private...
Clifford Chance makes new Asia appointments
Law firm Clifford Chance has boosted its global operation by appointing 18 new partners, four of them in Asia, including Cameron Hassall, an international arbitration/litigation specialist; Ho Han Ming, who will cover investment management; and Tim Wang,...
CP Eaton launches new RMB platform
Exploratory initiative as case study for the industry
Fortress seeks Asia re-entry
Fortress Investment Group, the leading hedge fund and alternative asset investor, has registered a new office in Singapore and may be seeking to re-enter Hong Kong, according to reports.
Temasek buys NYSE's NSE stake
Singapore SWF Temasek Holdings has said publicly that it will invest in the National Stock Exchange of India, buying a 5% stake from NYSE Euronext.
Fadely moves to Weil Gotshal
John Fadely, formerly a corporate partner in the funds group of Clifford Chance in Hong Kong, has now joined Weil, Gotshal & Manges, as a partner and member of its global funds practice.
IFC to back Lok II
The International Finance Corporation (IFC), the private investment arm of the World Bank, will commit $15 million as an anchor investor for Lok II, the $80 million vehicle recently launched by Indian microfinance investor Lok Capital.
CVCI names Nair for India
CVC International has announced that Sunil Nair, MD, Partner and Regional Head for CEEMEA (CEE, Middle East and North Africa), will be expanding his remit to cover India.
Highland rolls out in Oz, Korea
Highland Capital Management, a $27 billion asset management firm that invests in secured senior debt, bonds, structured credits and mezzanine, as well as equities, has opened new offices in Australia and South Korea to complement its existing Asia presence...
JPMorgan Chase plans China VC firm
US financial institution JPMorgan Chase & Co. reportedly is ready to establish a venture capital firm in China, with official authorization from PRC financial regulators and the Beijing government.
Carlyle to take on $5.1bn in credit assets
The Carlyle Group is once again expanding its mandate, this time into credit assets.
Schroders sells fund admin unit to JPMorgan
Schroders has agreed to sell its global private equity administration services business to JPMorgan for an undisclosed sum.
Kotak contemplates multiple exits
Kotak Investment Advisors is considering exits for up to five of its portfolio companies, including Bharat Fritz Werner, BVG India, Home Solutions Retail, Metahelix Life Sciences, and SIRO Clinpharm, according to Indian reports.
CP Eaton annouces RMB fundraising, recruits Gu
Placement agent CP Eaton Partners has announced the launch of a dedicated RMB fundraising effort for all current and future GP clients, engaging Eric Gu as VP to head the platform from its Shanghai office.