China’s CITIC Securities has made a pre-IPO investment of undisclosed size in pan-Asian logistic company and fund manager E-Shang Redwood (ESR).
Recognizing that strong cash inflows were working against a solely outsourced manager strategy in the alternatives space, Australia’s Cbus picked its key asset classes and devised a direct solution
Japanese corporate pension funds are looking to increase their allocations to infrastructure, but they value the opportunity to visit managers before committing capital.
Temasek Holdings has joined Ascendas-Singbridge, its real estate-focused joint venture with state-owned development firm JTC Corporation, to launch a INR20 billion ($300 million) investment program for Indian logistics and industrial assets.
CLSA Capital Partners (CLSA CP) and Singapore family office Kamet Capital Partners have invested $60 million in Asia telecom player MyRepublic.
Greenko Energy, an Indian renewable energy producer owned by the Singapore sovereign wealth fund, GIC Private, has raised $447 million primarily from GIC and the Abu Dhabi Investment Authority (ADIA).
Sino Gas & Energy Holdings, an Australia-listed natural gas developer focused on China, has accepted a A$530 million ($402 million) buyout offer from Lone Star Funds.
Pacific Equity Partners has teamed up with Landis+Gyr to buy Origin Energy's Australia smart meters business. They plan on bankrolling - through fund and co-investment - a nationwide rollout
Partners Group has agreed to invest A$700 million ($530 million) in an Australian renewable energy platform with plans to advance an existing wind power project.
Pacific Equity Partners (PEP) and Landis+Gyr, a Switzerland-based technology supplier to the electricity industry, have agreed to jointly acquire Australian smart meter company Acumen for A$267 million ($202 million).
Navis Capital Partners and The Blackstone Group will exit National Lifestyle Villages (NLV), an Australian developer and operator of mobile home parks, to Serenitas, a joint venture between Singapore’s GIC Private and local GP Tasman Capital Partners.
Australia-listed oil and gas supplier Santos has rejected a buyout offer from EIG Global Energy Partners backed by China-based private equity firm Hony Capital and gas distributor ENN Group. The deal would have valued the company at up to $10.9 billion.
Chinese online retailer JD.com has invested $306 million in e-Shang Redwood (ESR), a private equity-backed pan-Asia logistics operator and fund manager.
Vietnam’s consumer economy is attracting a wider range of investors as deal sizes inflate and new openings emerge in a winding value chain. Private equity is positioned to exploit several vantage points
GLP, a private equity-owned warehouse operator based in Singapore, has launched a RMB10 billion ($1.6 billion) PE fund that will invest in the China logistics ecosystem. It is the second Chinese fund set up by the company this year.
Indian renewable energy producer ReNew Power has filed for a domestic IPO that will enable Goldman Sachs, Abu Dhabi Investment Authority (ADIA), and Global Environment Fund (GEF) to make partial exits.
India’s economic dominance of South Asia has not translated into a firm leadership role for the region. Private equity strategies therefore vary widely across the country’s immediate geographic orbit
Indian road and highway developer GR Infraprojects has filed for an IPO that will see Motilal Oswal Private Equity (MOPE) exit the bulk of its stake.
Global Infrastructure Partners (GIP) has agreed to buy the infrastructure business of IDFC Alternatives, the alternative asset investment arm of India’s IDFC Group.
CITIC Capital and China Everbright have committed $100 million in debt and equity funding to Iceland-based geothermal energy developer Arctic Green Energy (AGE), alongside a $50 million loan facility provided by the Asian Development Bank (ADB).
Indus Towers, an Indian telecom tower network backed by Providence Equity Partners, will merge with domestic rival Bharti Infratel, whose investors include KKR and the Canada Pension Plan Investment Board (CPPIB).
Renewable energy appears set to remain a fringe interest for private equity investors despite rapid sector growth and significant opportunity for disruption.
Indonesia appears set to see more private equity investment in its growing infrastructure space as an early phase of government-dominated investment transitions into a more complex financing environment.
Everstone Capital has been chosen by the governments of India and the UK as a co-manager of the Green Growth Equity Fund (GGEF), a PE vehicle set up to invest in sustainable infrastructure projects in India with a target of GBP500 million ($710 million).