South Asia
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?
The 10th Annual AVCJ India Forum echoed what many in the industry have long been saying: private equity in India is truly a world unto itself.
Intel re-ups Asia
Intel Capital has reaffirmed its commitment to development of tech companies in Asia, with four new financings in Taiwan, Korea, Japan and China, out of seven recent deals made globally by the multinational corporation’s venture investment unit.
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 Science+Business...
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 for...
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.