Industry
Oman fund invests $42 million in PetroVietnam Insurance
The Oman Investment Fund has invested $42.3 million in PetroVietnam Insurance Co.
OZ ACT Treasury hires Towers Watson
The Australian Capital Territory Department of Treasury (ACT) has retained advisory and consulting firm Towers Watson to advise it on investing its A$3.5 billion ($3.24 billion) asset pool into private equity and other asset classes.
Citi hires Paton for Oz
Citi has announced the appointment of Brett Paton, formerly Chairman for Capital Markets at UBS, as a Vice Chairman for its Institutional Clients Group in Australia and New Zealand.
Actis said launching $2 billion roads JV with Tata
UK emerging markets investor Actis Capital is launching a JV with Indian conglomerate Tata Group to invest up to $2 billion over five years in India's roads.
Candover may go to Canada LP Aimco
Troubled UK listed buyout group Candover Investments has confirmed that it has received approaches for a takeover of its business from $70 billion Canadian pension fund Alberta Investment Management Corp. (Aimco).
Private equity insights from Japan
GPs, LPs state their views
Han joins CVC from Honeywell
Allen Han, formerly a VP and GM with Honeywell in China and the US, has joined CVC Capital Partners as a Senior MD with the firm's Operations Team in Asia.
Industry Q&A: Norman Chen, Partner, Fidelity Asia Ventures
Chen talks to AVCJ’s Paul Mackintosh about opportunities for healthcare investments in China
Hopu, Temasek investee Iron Mining gets $250 million from China Life
Hopu Investment Management and Temasek Holdings investee Iron Mining International has secured a $250 million pre-IPO commitment from leading PRC insurer China Life.
SMBC recruits Palanca for regional finance
Japanese bank SMBC has recruited Jun Palanca, formerly head of leveraged finance for Bank of America Merrill Lynch, as Head of Structured Finance Syndicate for Asia Pacific ex-Japan.
Hoo moves from Hastings to Orrick
Respected private equity lawyer Maurice Hoo is moving from Paul, Hastings, Janofsky & Walker to Orrick, Herrington & Sutcliffe, to co-head Orrick's global private equity practice.
NPS may join on KEB
Korea's National Pension Service may participate in the acquisition of Korea Exchange Bank from Lone Star Funds, according to Korean reports.
The framework for green investing
Regulatory developments in Asia as China, India lead
StepStone’s Brem bound for Beijing
Special proposition for separate/discretionary accounts
Bery claims $30.8 million from JPM
Lost income, management fees and projected carry all ‘owed’
Deal drivers across Asia Pacific
Macro and sector trends shaping opportunities
Know your limits
One of the most interesting findings in Squadron Capital’s Asia Pacific Private Equity Fund Terms Survey on regional adherence to the International Limited Partners Association principles on fund t&c was not about the ILPA Principles at all.
Myo gets DBS backing for Asia distress
Myo Capital Advisers, the distressed debt/special situations investor, has announced a commitment of up to $150 million from DBS Group as a cornerstone investor in its first fund.
China Select gets Suzhou RMB OK
China Select Capital Partners Corp., a Toronto Venture Exchange-listed asset management and investment firm, has announced that it has received approval from the municipal government overseeing Suzhou Industrial Park to manage RMB funds in China.
IFC invests in CLSA green fund
The International Finance Corporation (IFC) has announced it will commit up to $25 million to CLSA Capital Partners’ Clean Resources Asia Growth Fund, a pan-regional fund targeting clean energy technology investments.
Ontario Teachers’ losing private equity head
Erol Uzumeri, the head of private equity investments for Ontario Teachers’ Pension Plan, is reportedly leaving the Toronto-based pension fund manager to launch his own asset management firm.
Goldman and Macquarie close infra funds below target
After nearly two years in the market, both Goldman Sachs and Macquarie Group have closed infrastructure-focused private equity funds, with much more fundraising difficulty than they encountered with their last vehicles.
Bain moving Sarkis to Asia
Bain Capital is relocating Walid Sarkis, a Managing Director and one of the founders of its European operations, from London to Hong Kong, where he will help drive the firm's regional operation.
OB refinancing, IPO on cards
Several banks have submitted unsolicited proposals for the refinancing of the $1 billion five-year leverage loan that underwrote Kohlberg Kravis Roberts and Affinity Equity Partners' $1.8 billion buyout of Korea's Oriental Brewery in 2009, amid talk of...