Region
OrbiMed launches Asia healthcare fund
Healthcare-focused PE firm OrbiMed Advisors will launch its second Asian healthcare fund towards the end of 2013, with a target of $500 million.
Q&A: CHAMP Private Equity's John Haddock
Australian companies are increasingly open to the prospect of working with a financial investor and seeking growth away from the public spotlight, says John Haddock, managing director at CHAMP Private Equity.
Global access: Australian LPs and international PE
Australia's superannuation industry is still embroiled in a costs debate as funds decide whether a private equity strategy makes economic sense. Those sticking with the asset class are looking to go offshore
Going walkabout: Australian outbound investment
Taking portfolio companies from Australia into Asia represents a major opportunity for private equity. Pan-regional funds see it as a key part of their strategy, but can domestic players join the party?
Leveraged finance: New faces, slower processes
The withdrawal of Western banks from Australia's leveraged financing market has created opportunities for others. A general sense of caution means that, while debt is available, it won't necessarily come quickly
Origo sets up Myanmar joint venture
Origo Partners and Myanmar-based Serge Pun & Associates (SPA) have formed a joint venture in Myanmar to identify investment opportunities across the natural resources and other sectors.
ChrysCapital buys 10% stake in NBFC Au Financiers
ChrysCapital Partners has purchased a 10% stake in Indian non-banking financial company Au Financiers for INR1.2 billion ($22.2 million). The investment facilitates another partial exit for Motilal Oswal Private Equity, which sold a portion of its holding...
RRJ, Blackstone boost holding in Cheniere Energy
RRJ Capital and GSO Capital, The Blackstone Group’s credit arm, have bought the bulk of $372 million in shares issued by Cheniere Energy Partners, a limited partnership that controls America’s fire liquefied natural gas (LNG) export plant.
Indonesian incubator Grupara invests in fashion site
Indonesian venture capital firm Grupara has invested in men's fashion e-commerce site Maskool.in for an undisclosed amount.
Provident increases stake in mining firm Sumatra
Provident Capital Partners has upped its stake in Sumatra Copper & Gold, an Australian-listed mining company operating on the Indonesian island of Sumatra. The investment forms part of A$63 million ($64 million) in debt and equity funding for the company's...
IvyCap takes lead role in Thomson Reuters' India farming platform
IvyCap Ventures has agreed to become the lead investor in Thomson Reuters’ information platform for Indian farmers. Terms and conditions of the transaction were not disclosed.
Carlyle upbeat on Japan, expects to launch new fund in 2013
The Carlyle Group says it has already begun preliminary talks with investors for a third Japan fund, and remains upbeat about opportunities in the country's buyout space.
Ireo to invest $700m in hotel chain
India real estate investor Ireo will pump $700 million into luxury residences and hotel development in Gurgoan. The fund has tied up with the global hotel chain Hyatt to manage the project.
WestBridge, TA commit $44m to India's Dr Lal Pathlabs
WestBridge Capital and TA Associates have jointly invested $44 million in Dr Lal PathLabs, a diagnostics and pathology services firm headquartered in Gurgoan, India.
STIC-led consortium finalizes LIG Nex1 deal
A group of Korean investors led by STIC Investments has agreed to buy a 49% stake in LIG Nex1, a domestic aerospace and defense company owned by LIG Group. The sale price is said to be KRW420 billion ($388 million).
CLSA invests in China's Scinor Water
CLSA Capital Partners (CLSA CP) has led a $10 million round of funding for Scinor Water, a Chinese company that produces membranes used in waste water treatment. KPCB, an existing investor, also participated in the round.
Everbright to support Termbray Petro-King's Hong Kong IPO
Everbright Private Equity will participate as a cornerstone investor in Termbray Petro-King Oilfield Services' HK$847.5 million ($109 million) Hong Kong IPO.
TPG in $303m partial exit from Shriram Transport
TPG Capital has sold about half its stake in Indian truck financier Shriram Transport Finance (STFC) for about INR16.6 billion ($303 million).
KKR, Allegro target Australia's ailing Geon
KKR and Allegro Funds have placed Australian commercial printing company Geon Group into administration and are looking to buy parts of the business out of receivership. The pair became creditors last year following the acquisition of a portfolio of distressed...
China Resources Capital, APG launch $265m car park fund
China Resources Capital (CR Capital), the financial services arm of state-owned China Resources Group, and Dutch pension fund asset manager APG have established a $265 million car park fund.
CHAMP affiliate Castle Harlan promotes Tariq Osman
Tariq Osman has been promoted to managing director with the CHAMP Private Equity's New York affiliate Castle Harlan.
Morgan Stanley in control deal for Korean paper maker
Morgan Stanley Private Equity Asia (MSPEA) has agreed to buy a majority stake in South Korean bathroom tissue producer Monalisa for KRW91.4 billion ($84.2 million). The seller is Kwang-ho Kim, the company’s CEO, who will also exit two unlisted entities...
ADV seeks $500m for Asia special situations fund
ADV Partners, a PE firm set up by former executives from Mount Kellett Capital, is targeting $500 million for its debut Asia-focused special situations fund. The hard cap is $750 million.
Bain generates $69m through Greatview sell-down
Bain Capital has raised around $69 million from a sell-down in Hong Kong-listed Greatview Aseptic Packaging.