Industry
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
New VC fund closes at c. $2.5 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,...
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...
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?
A recovery, but where and how far?
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?
Looking back over a turbulent year
The KY Tang Top Ten for 2009
Asia Pacific’s leading buyout investor on the year of crisis
Japan’s niche businesses for changing times
Mid-market plays in mature economy
That was the year that wasn’t?
Looking back on 2009
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.
Raghavan sets up Steer Capital
Former Goldman exec and more recently head of India for Candover, Harsha Raghavan has announced the establishment of Steer Partners, rumored to be a partnership with WNS (Holdings) Ltd co-founder Neerj Bhargava.
Quam creates Xi’An JV RMB VC fund
Hong Kong-headquartered financial services group Quam Ltd. has signed a framework agreement with official investment agencies in Xi’An, Shaanxi province, to create an RMB venture capital fund for local investment.