3i Asia Pacific
3i continues buyout wind-down in India
In light of 3i Group’s decision to pare down its buyout arm in Asia – folding its Singapore-led buyout team into its regional growth capital platform and transferring responsibility for Asian buyouts to its global buyout team – 3i India is merging its...
3i winds down Asia buyout practice
The UK's 3i Group has wound down its buyout arm in Asia, after merging its Singapore-led buyout team into its growth capital platform in the region, and transferring responsibility for Asian buyouts to its global buyout team.
Who's got talent?
Along with the rest of the world, private equity firms – and their investee companies – put the brakes on hiring through the financial crisis.
CapAsia recruits 3i's Osborne, Pru's Martin
Fresh from its rebranding, infrastructure investor CapAsia, previously CIMB Standard Strategic Asset Advisors, has recruited two senior professionals, David Osborne, formerly Partner and head of the Asia buyout team at 3i Group, and Craig Martin, previously...
Strong 3i results see higher prices but team growth in Asia
Speaking on much-improved full-year results from 3i Group plc, Michael Queen, 3i CEO, said that Asia had been a not so significant short-term contributor to the company's improved performance due to high entry prices, but that 3i has firm medium-term...
Orchard moves to KPMG from 3i
Dominic Orchard, formerly a Director with 3i Group in Asia Pacific, has now moved to KPMG in Hong Kong, where he takes on a Director role.
3i debuts new growth fund
3i Group has launched its new growth capital fund at GBP1.1 billion ($1.6 billion) of assets under management, with $533 million provided by third-party investors - the first time 3i has funded a growth vehicle externally rather than exclusively from...
Second 3i infra fund within 12 months: Ahuja
Speaking to media in India, Anil Ahuja, head of 3i Asia, has said that the leading London-headquartered private equity group will commence fundraising for its second Indian infrastructure fund within the next 12 months.
Chhabria jumps from 3i to Actis
Mahesh Chhabria, a Partner with UK-based and listed 3i Group Plc since 2006, has left the group to join Actis, one of India’s longest-operating private equity houses.
3i plans new growth fund
London-headquartered investor 3i Group is reportedly planning a £1 billion ($1.6 billion) growth capital fund, seeking chiefly minority positions, though with the option to take control stakes.
3i exits PCD Stores through Hong Kong IPO
Four years after an original investment of $31 million, 3i Group has exited its stake in PCD Stores, a luxury department store chain in China, through an IPO on the Hong Kong Stock Exchange.
Actis to lose Branigan in Singapore
Actis’s Singapore-based Partner and Southeast Asia head Alun Branigan is reportedly due to leave the firm by end 2009, his future destination unknown.
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.
CIC at the Apax?
The China Investment Corporation (CIC) has followed up on its earlier and sometimes ill-starred moves into leading private equity players like the Blackstone Group with an innovatively-structured two-handed investment into London-headquartered Apax Partners....