Avenue Capital Group
Asia credit: Shift in the cycle
Private debt investors in Asia are mindful of mounting global risks, but they also see opportunities emerging within the region across the capital structure
India's Licious secures $52m Series G
Licious, an India-based online retailer specializing in fresh meat and seafood, claims to have become the country’s first direct-to-consumer (D2C) unicorn following a $52 million Series G round.
Avenue Capital raises $450m for Asia special situations fund
Avenue Capital Group has rebooted its Asia franchise by raising a $450 million fund that will target special situations opportunities across the region.
Asian credit remains attractive for investors
While global investors often express wariness about investments in Asian credit and special situations, industry veterans remain optimistic about the future of the strategy.
Ex-Avenue, CLSA executives seek $200m for Asia healthcare fund
Three executives from Avenue Capital, CLSA Capital Partners and VC firm Dinova Capital have teamed up to launch a $200 million mid-cap fund that will make healthcare investments in Asia.
Avenue Capital bolsters Asia team ahead of planned fundraise
Avenue Capital Group has hired two executives from PAG – Anil Gorthy and Dan Galanter – to lead its Asia business, with a new regional fund planned for the coming year.
Carlyle invests in India’s Global Health Private
The Carlyle Group has acquired a minority stake in India’s Global Health Private, owner and operator of Medanta – the Medicity, a super-specialty Medanta hospital in the National Capital Region (NCR) of Delhi. The transaction facilitates the exit...
PE investors move to liquidate Ambow, call for CEO to resign
New York-listed Chinese tutoring and training services provider Ambow Education Holding could face a winding up order after a court appointed liquidators to assume control of the company. Avenue Capital, Ambow’s largest institutional shareholder, instigated...
Avenue Capital, Harmony seek exit from Indonesian bank
Avenue Capital Group and Harmony Capital Partners, along with other investors, plan to exit a 34.6% holding in Indonesian lender Bank Mayapada Internasional (BMI), Reuters reported, citing sources familiar with the situation. The shareholders are said...