Infrastructure
CLSA buys Japan parking lot operator
CLSA Capital Partners (CLSA CP) has acquired 100% of Ecolo Holdings, a Japanese parking lot business that operates primarily under the name Ecolocity.
Australia's Next Capital to buy NZ Bus from Infratil
Australian mid-market buyout firm Next Capital has agreed to buy NZ Bus, a local bus service operator in New Zealand, from infrastructure investment manager Infratil.
PEP-backed Intellihub acquires New Zealand smart meter business
Intellihub Group, an Australian smart meter company formed earlier this year by Pacific Equity Partners (PEP) and Landis+Gyr, has acquired the metering data and service business of New Zealand power supplier Mercury for NZ$270 million ($185 million).
Everstone, GLP to invest $500m in India logistics
Everstone Group has established a partnership with Singapore-based warehouse operator GLP to invest $500 million in India’s logistics ecosystem.
Portfolio: Actis Capital and Sprng Energy
In renewable energy platform Sprng, Actis Capital sees an opportunity to replicate the success it enjoyed with recently-exited Ostro Energy. A strong foundation based on alignment with management is the key
Australia's PEP hits $433m first close on secure assets fund
Pacific Equity Partners (PEP) has reached a first close of A$600 million ($433 million) on its secure assets fund, which invests in companies in Australia and New Zealand that generate annuity income but also offer opportunities for traditional private...
VIG-owned Hi-Parking buys Wilson Parking Korea
HiParking, a Korean parking managing business owned by VIG Partners, has agreed to buy Wilson Parking Korea as part of an industry consolidation play.
Hong Kong's EmergeVest consolidates UK logistics assets
Hong Kong-based EmergeVest – a PE firm established by former executives from HSBC’s Asia principal investments division – has consolidated ownership of six UK logistics assets into a single platform with GBP850 million ($1 billion) in annual revenue.
Chinese commercial rocket launch player raises $43m
Chinese commercial space launch start-up LandSpace has secured RMB300 million ($43 million) in an extended Series B round led by China Growth Capital.
TEPCO invests in PE-backed Vietnam hydro project
Tokyo Electric Power (TEPCO) has invested in a Vietnam hydropower project in which Nexif Energy, a Southeast Asia-focused energy investment platform backed by Denham Capital, owns a majority stake.
Australasia PE outlook: Return of the take-private
Large-cap GPs are setting their sights on listed companies, with healthcare, education and technology top of the list
Japan’s TEPCO invests in PE-backed Electrify
Electrify, a Singapore-based energy marketplace based on blockchain technology and backed by Japan’s Global Brain, has raised an investment of undisclosed size from TEPCO Frontier Partners, an incubator sponsored by Tokyo Electric Power (TEPCO).
India PE outlook: Momentary frights
Investors see potential in India as valuation concerns ease, but exits and the macro picture present challenges in the short term
India's NIIF to acquire infrastructure lender
India’s National Investment & Infrastructure Fund (NIIF) has agreed to acquire IDFC Infrastructure Finance (IDFC IFL), an infrastructure-focused non-banking finance company (NBFC), in its first solo control transaction.
CDH-backed Certusnet files for HK IPO
Certusnet, a China-based developer of telecommunication software backed by CDH Investments, has filed for an IPO in Hong Kong.
CDPQ invests $100m in India's Azure Power
Caisse de dépôt et placement du Québec (CDPQ) has invested $100 million in Azure Power, an Indian solar panel company listed in the US.
GIC-backed Greenko makes add-on acquisitions
Greenko Energy, an Indian renewable energy producer owned by GIC Private, has completed the acquisition of Orange Renewables and agreed to buy Skeiron Green Renewables. The two deals will increase Greenko’s overall operational capacity from 3.2 gigawatts...
GMR reaches settlement with investors in airport business
Private equity investors in India’s GMR Airports (GAL) will receive INR35.6 billion ($481.3 million) in cash plus additional equity in compensation after the company failed to deliver a liquidity event within an agreed timeframe.
Mitsui leads $40m Series B for Singapore's Campana
Mitsui & Co has led a $40 million Series B round for Campana Group as the data network infrastructure company advances the installation of an undersea fiber cable system between Singapore and Myanmar.
Blackbird joins $14m round for Australia space player
Australia’s Blackbird Ventures has joined a A$19 million ($13.7 million) Series B round for local rocket developer Gilmour Space Technologies.
Warburg Pincus commits $400m to China logistics business
Warburg Pincus has committed half of an $800 million round for Shanghai-based warehousing and logistics company NewEase China, which focuses on improving shipments through domestic airports and urban hubs.
CDPQ to invest $364m in CLP India
Caisse de dépôt et placement du Québec (CDPQ) has agreed to invest INR26.4 billion ($364 million) in CLP India, the India subsidiary of China’s CLP Holdings.
Partners Group agrees $142m Australia wind farm acquisition
Partners Group has agreed to pay Macquarie Capital and Renewable Energy Systems (RES) A$200 million ($142 million) for a construction-stage wind power project in Australia.
Equis hires UTIMCO's Mark Warner as partner
Asia-focused infrastructure investor Equis Group has appointed Mark Warner, who previously led natural resources investments at the UTIMCO, the University of Texas and Texas A&M University endowment, as a partner.
