Industrials
Partners Group agrees $186m Australia wind farm deal
Partners Group has invested A$250 million ($186 million) into an Australian wind energy installation that aims to power 110,000 homes and offset 600,000 tonnes of carbon emissions per year.
Allegro acquires Australian mining business
Allegro Funds Group has acquired Australian mine production and specialist drilling operator JSW Australia.
Lok Capital leads $6.6m round for Indian dairy brand
Lok Capital has led a INR450 million ($6.6 million) Series B round of funding for India’s HR Food Processing, which produces dairy products under the brand Oram.
Singapore's Leonie Hill Capital backs aerospace VC fund
Singapore’s Leonie Hill Capital is backing a $200 million venture fund for the aviation and aerospace industry alongside US-based Starburst Accelerator.
KKR to make $4.5b tender offer for Japanese auto parts manufacturer
KKR has agreed to buy Nissan Motor’s 41% holding in Japanese automotive components supplier Calsonic Kansei Corporation and launch a tender offer to acquire the company in full at a valuation of JPY498.3 billion ($4.5 billion).
Fund focus: EMR mines value-add experience
EMR Capital has raised $860 million for its second fund, which will focus on control deals involving copper, gold, coking coal and potash - each of which is expected to see strong demand from China
Asia PE and upstream energy: Under the pump
Although a low oil price environment has created interesting inroads for PE investors seeking exposure to Asia’s growing energy consumption story, challenges of timing and targeting have slowed uptake
Chinese GP BHR to buy stake in mining asset from Canada’s Lundin
Chinese private equity firm BHR Partners has agreed to acquire a minority stake in Tenke Fungurme Mining, an Africa-based copper asset, from Canada-based Lundin Mining for $1.14 billion in cash.
China's CIC to step up overseas direct investments
Sovereign wealth fund China Investment Corporation (CIC) plans to accelerate the pace of its overseas direct investments, with a view to supporting Chinese economic modernization.
Blackstone pulls out of SE Asia energy platform
The Blackstone Group has terminated an $800 million commitment to develop oil and gas assets in Southeast Asia with Malaysia-based Tamarind Energy.
Warburg Pincus invests $75m in India's Rivigo
Warburg Pincus has invested $75 million for a minority stake in Indian trucking company Rivigo. The transaction marks the GP’s third logistics deal in the country in the past two years.
American Industrial Partners to buy Australia's Moly-Cop for $1.2b
American Industrial Partners (AIP) will buy Moly-Cop, the mining consumables division of struggling Australian mining and materials giant Arrium for an enterprise value of $1.23 billion.
Australia's Wolseley exits maintenance firm to trade buyer
Wolseley Private Equity has agreed to sell its controlling stake in Australian building maintenance equipment company Facade Access to Swedish industrial sector supplier Alimak for A$120 million ($92.1 million).
COFCO Meat completes $252m Hong Kong IPO
COFCO Meat, a subsidiary of Chinese agricultural conglomerate COFCO Group that received backing from four private equity firms in 2014, has raised HK$1.95 billion ($252 million) in its Hong Kong IPO, after pricing the offering at bottom of the indicative...
Japanese strategic buys Mactac from Platinum Equity
Japanese adhesives producer Lintec Corporation has agreed to buy US-headquartered labels manufacturer Mactac from Platinum Equity for $375 million.
Simmons invests in Malaysia's Leap Energy
Simmons Private Equity (SPE), an energy-focused investor based in the US, has acquired Malaysian oil company Leap Energy as part of a plan to establish a global upstream consulting group.
Northstar submits $238m offer for Singapore-listed Innovalues
Northstar Group has offered to buy Singapore-listed Innovalues, a components manufacturer for the automotive and industrials sectors, in a deal that values the business at approximately S$331.4 million ($238 million).
MOPE invests $15m in India's Ganesh Grains
Motilal Oswal Private Equity (MOPE) has invested INR1 billion ($15 million) in Indian packaged cereals producer Ganesh Grains.
NewQuest, Kotak invest in Paragon portfolio companies
NewQuest Capital Partners has joined a $21 million investment in construction firm Capacit’e Infraprojects and engineering components manufacturer Maini Precision Products, both of which are portfolio companies of India-based GP Paragon Partners.
Everstone pays $33m for Indian drug firm
The Everstone Group has bought a majority stake in Indian pharmaceutical developer Rubicon Research for INR2.2 billion ($32.9 million), providing an exit for Kotak Private Equity.
MOPE to invest $16m in India's Dairy Classic
Motilal Oswal Private Equity (MOPE) will invest up to INR1.1 billion ($16 million) in Indian frozen dessert maker Dairy Classic Ice Creams.
IFM, AustralianSuper secure $12.3b Ausgrid deal
An all-Australian consortium comprising IFM Investors and AustralianSuper has acquired a 50.4% interest in a 99-year lease of Ausgrid, New South Wales’ (NSW) electricity distribution network, for A$16.2 billion ($12.3 billion).
KKR, Goldman to exit as CDPQ invests $155m in India's TVS Logistics
Caisse de dépôt et placement du Québec (CDPQ) has agreed to invest more than INR10 billion ($155 million) in India-based third-party logistics provider TVS Logistics, facilitating an exit for KKR and Goldman Sachs.
Portfolio: VIG Partners and Samyang Optics
When VIG Partners acquired Korea-based Samyang Optics, the company was a camera lens manufacturer with untapped potential. It is now looking to challenge the global elite