Industry
Stimulus and response
AVCJ presents some more highlights of leading economists and market observers’ predictions for the year ahead.
CDH fund oversubscription reports denied
Leading PRC alternative assets fund manager CDH Investments, according to media reports, was said to be collecting up to $1.6 billion for its CDH China Fund IV, well above the putative c.$1.4 billion target.
Carlyle announces Beijing RMB fund
The Carlyle Group has announced an MOU to form a Beijing-based RMB fund in partnership with the Beijing Municipal Bureau of Financial Work.
3i plans new growth fund
London-headquartered investor 3i Group is reportedly planning a £1 billion ($1.6 billion) growth capital fund, seeking chiefly minority positions, though with the option to take control stakes.
Venture bounces back – for some
Amid all the gloom and despondency over fundraising, especially in once-favored sectors like venture capital, it’s good to see an outsize success – especially when the firm in question is a long-time Asia investor.
NEA kicks the slump
The world’s largest VC firm, New Enterprise Associates, has announced the final close of its latest global fund, New Enterprise Associates XIII, at just under $2.5 billion, bringing its total committed capital to some $11 billion.
Dragon Capital sees co-founder Shrimpton resign
One of the founding partners of Vietnam-based Dragon Capital, John Shrimpton, has announced he will resign after a management reorganization.
Kendall Court's Chris Chia speaks
Chris Chia, Managing Partner at Kendall Court Capital Partners, speaks about the firm's investment strategies.
Yes Bank and GEF to co-pilot new cleantech fund
Copenhagen discord aside, investors are said to be flocking to top up a new $200 million clean/green technology fund to be jointed administered by Indian private bank Yes Bank and noted US-based private equity player Global Environment Fund (GEF), recently...
Orix to resume China investments
Orix Corp., one of the largest Japanese leasing companies, plans to invest ￥300 billion ($3.2 billion) in promising Chinese companies over the next three years.
PEP, Unitas staying in Independent Liquor
Pacific Equity Partners (PEP) and Unitas Capital-controlled Independent Liquor, New Zealand’s manufacturer/distributor of alcohol beverages, moved to deny reports that it was likely to be acquired by Australia’s largest supermarket chain operator, Woolworths....
Abraaj, Waha catch Minnow
Middle Eastern private equity leader Abraaj Capital, in partnership with Abu Dhabi’s Waha Capital, has 100% acquired local offshore petrochemicals support contractor Minnow Marine Projects Ltd. through Singapore’s Stanford Asia, a division of their joint...
Private equity activity freeze thaws in Asia
AVCJ focuses on LP views of the region’s attractions looking ahead into 2010
Anticlimax in Copenhagen
The long-awaited Copenhagen climate conference delivered much sound and fury – but few substantive results.
2010: A roaring Year of the Tiger?
2010 may deliver the hoped-for recovery, but no one is taking it for granted.
DAR goes to Bollywood
DAR Capital Group, a London-based investment firm, is expecting to launch a fund dedicated to Indian film projects in the first half of 2010.
LP terms of endearment
LP views differ re the value of private equity to their portfolios; but all agree they want – and expect to get – better terms in their relationships with GPs going forward.
2009: crisis what crisis?
The year 2009 in retrospect seems to be finishing on a higher note than the deep gloom and fear of end 2008.
The KY Tang Top Ten for 2009
KY Tang’s Top Ten list for the year ahead has become an institution at the AVCJ Private Equity & Venture Forums – and beyond.
Japan's niche businesses for changing times
Japan's more unusual businesses offer interesting investment possibilities.
That was the year that wasn't?
Another year gone – unlike any other.
Future Fund may join CPP IB, OTPP on Transurban
Australian SWF the Future Fund has announced that it is in discussions with North American institutional investors Canada Pension Plan Investment Board and Ontario Teachers’ Pension Plan over potentially joining their bid for local toll road operator...
CIC may double up funds
PRC SWF the China Investment Corporation (CIC) reportedly may be due to receive a follow-on investment from PRC authorities roughly equal to the $200 billion it launched with in 2007.
Australia tax office may hit investments
The Australian Tax Office has made a draft determination stating that in some cases profits from the disposal of assets by private equity firms can be classed as taxable income.