South Asia
Goldman gets Max India
Goldman Sachs direct investment unit Goldman Sachs Capital Partners has won out over reported interest from Kohlberg Kravis Roberts & Co. in the acquisition of Indian healthcare and insurance provider Max India Ltd.
HSBC PE gets Executive Centre
HSBC Private Equity (Asia) Ltd. has acquired a majority stake in The Executive Centre, a manager of premium rental office spaces in Asia, from Marathon Asset Management, a New York-based alternative investment and asset management company with over $11...
Providence, SCPEL, shortlisted for MSM
US TMT-focused buyout firm Providence Equity Partners and Standard Chartered Private Equity, the investment arm of the UK’s Standard Chartered Bank, are reportedly shortlisted to acquire a 40-45% stake in Multi Screen Media Pvt Ltd (MSM), a Mumbai-based...
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.
KKR may go to the Max
Kohlberg Kravis Roberts & Co. reportedly may commit up to $117 million into Max India Group, the investment holding company of healthcare and insurance entrepreneur Analjit Singh.
Temasek may invest GMR
Singaporean SWF Temasek Holdings may invest up to $150 million into the power unit of Bangalore-based conglomerate GMR Infrastructure, which has reportedly also been in talks with the Carlyle Group and IDFC Private Equity.
India or bust?
Forum sees a hot market on the boil
Intel re-ups Asia
Advancements catch corporate VC capital
GIC takes a Springer with EQT
Singapore SWF the Government of Singapore Investment Corp. has done its first-ever co-investment deal in Europe, in partnership with Sweden’s EQT Partners AB, in the €2.3 billion ($3.4 billion) secondary buyout of German academic publisher Springer...
Baring, Fidelity, Sequoia back Coastal Projects
Baring Private Equity Asia is reportedly due to join existing investors Sequoia Capital and Fidelity Investment Holdings by committing some $50-60 million to Hyderabad-headquartered infrastructure play Coastal Projects, which operates across sectors including...
Malaysia’s MOL gives US VCs Friendster exit
Malaysian online payments business MOL Global Pte. Ltd. has agreed to acquire Friendster Inc., one of the pioneering social networking sites, giving VC investors Benchmark Capital, DAG Ventures, Founders Fund, Kleiner Perkins Caulfield & Byers and Siguler...
Industry Q&A: Luis Miranda
During the 2009 AVCJ India Forum, Christina Kautzky spoke with Luis Miranda, President & CEO of IDFC Private Equity, about opportunities in infrastructure and the role of the government in making the space more commercially viable for the private sector.
OrbiMed debuts in India with Ecron Acunova
OrbiMed Advisors, which describes itself as “the world’s largest healthcare investment firm,” has made its first India investment with a commitment to Bangalore-based clinical research business Ecron Acunova, which handles outsourced clinical trials...
China au contraire with Dr. Jim
Asianomics founder Dr Jim Walker gives disturbing heft to the idea that appearances can be deceiving, and never more so than with economic assumptions in Asia
Aureos launches new Southeast Asia SME fund
Leading emerging markets investor Aureos Capital Ltd. has announced the launch of its new Aureos Southeast Asia Fund II (ASEAF II), a vehicle targeting $250 million for investment into Southeast Asia’s small-to-mid-cap businesses.
Clearwater invests India’s Oricon
Leading special situations and private equity investor Clearwater Capital Partners, has invested Rs 35 crore ($7.5 million) in Oricon Enterprises Ltd., a Mumbai-headquartered metal and plastic packing business.