Asia special situations investor Clearwater Capital Partners has sold a jack-up rig built in a Singapore shipyard to a drilling services partnership between the Saudi Arabian government and Schlumberger.
Apax Partners' 6x return on its investment in Israel-based Tnuva Food Industries has been hard earned.
The Abraaj Group has acquired an undisclosed stake in KPN Academy, an out-of-school education service provider in Thailand.
Apax Partners has agreed to sell a 56% stake in Israel-based Tnuva Food Industries to Bright Food Group as the Chinese company continues to expand its business overseas.
Hong Kong-based energy investor Kerogen Capital has invested $100 million in HKN Holding, which owns HKN Energy, an oil and gas developer with an exclusive focus on Kurdistan.
Norwest Venture Partners (NVP) has reached a final close of $1.2 billion on its latest fund, which will make early to late stage venture and growth investments out of the US and via subsidiaries in India and Israel.
China Everbright, an investment arm of Chinese conglomerate China Everbright Group, and Catalyst Equity Management, an Israeli-based private equity firm, have teamed up to establish a PE fund that will invest in Israeli companies.
The Abraaj Group’s acquisition of Aureos Capital last year was a massive short cut to a larger Asia presence. Aman Lakhaney, director at The Abraaj Group, explains the firm’s approach to non-BRIC emerging markets
Tata Capital plans to launch an Africa private equity fund with initial capital of about $300 million. It will focus on consumer goods, agriculture and agri-processing.
Kaiima Bio-Agritech, an Israel-based seed and breeding technology firm, has raised over $65 million from three new investors including Hong Kong billionaire Li Ka-Shing’s Horizons Ventures, International Financial Corporation (IFC), and Infinity Group....
King & Wood Mallesons and London-based SJ Berwin will merge to form a single law firm valued at $1 billion. With over 2,700 lawyers in more than 30 countries, the combined entity is expected to be one of the 25 largest law firms in the world.
Samsung Electronics has acquired Boxee, a VC-backed Israeli start-up that manufactures digital video recorders (DVRs). The financial details of the deal were not disclosed.
Crescent Point has led a Series C round of funding worth $17 million for Wego, an Asia travel search engine. Victoria Capital and existing investor Tiger Global also participated.
Taiwan-based CDIB Capital, the PE unit of China Development Financial, has completed a $25 million investment in a Chinese online home furnishings retailer Meilele.
Kuwait’s Asiya Investments has opened a Hong Kong office, only its third service center globally, in response to rising demand from Arab investors for exposure to Asia.
CDIB Capital has invested $19.9 million in Dubai-based travel retail operator Flemingo International.
Malaysia-based specialist private equity firm Azka Capital will manage a MYR1.55 billion ($503 million) fund focused on global opportunities in the halal industry. It is expected to acquire companies in the food and agri-business sector and reorient them...
Chinese online retailer 360Buy has raised $400 million through a Series F round of funding led by Kingdom Holding, an investment company controlled by Prince Alwaleed bin Talal, a Saudi Arabian billionaire.
Cathay Fortune Corporation (CFC), the private equity group founded by Chinese billionaire Yong Yu, has abandoned its A$830 million ($848 million) takeover bid for Australian copper miner Discovery Metals. Discovery shares plummeted as much as 7.5% to...
Sarah Alexander, CEO of the Emerging Markets Private Equity Association (EMPEA), has agreed to join The Abraaj Group as a managing director. EMPEA’s executive committee has recommended that Jennifer Choi, currently vice president of industry and external...
Bamboo Finance, the Luxemburg-based social investment firm with a strong focus on Asia, has acquired a controlling interest in specialist private equity fund Accion Investments in Microfinance for $105 million.
Abu Dhabi Investment Authority (ADIA) has appointed Colm Lanigan as head of principal investments in its private equities department. Working alongside senior management, Lanigan is responsible for the identification, execution and management of direct...
General Lighting (GLC), a Saudi Arabia-based portfolio company of The Carlyle Group, has agreed to buy Davex, Malaysia’s largest lighting fixtures manufacturer and supplier, for MYR183 million ($60 million). The company sees the acquisition as a platform...
Tom Speechley, a senior partner at Abraaj Capital, has been named CEO of Aureos Capital. The appointment coincides with the completion of Abraaj’s acquisition of Aureos and its emerging markets small- and mid-cap investment platform.