Bain Capital Asia

VIDEO: Stephen Pagliuca of Bain Capital

Global buyout firms are destined to become more diversified investors because the skills that underpin their success in corporate private equity are equally applicable to other asset classes, says Stephen Pagliuca, US-based managing director at Bain Capital

Bain-backed Sunac drops on share-sale plan

Sunac China Holdings, a Hong Kong-listed Chinese property developer backed by Bain Capital, suffered from the biggest drop since March after announcing plans to sell HK$2 billion ($248 million) worth of shares.

India Awards: Exit of the Year – Genpact

Genpact has a strong claim as the pioneer of business process outsourcing (BPO) in India, an industry that employs 700,000 people is now worth nearly $11 billion. According to a report by Nasscom and Everest Group, India accounts for more than 35% of...

Billabong receives $555m buyout offer - UPDATE

Billabong International has received a A$527 million ($555 million) buyout offer from Paul Naude, a director at the firm, with US-based Sycamore Partners participating as a cornerstone equity investor.

Asia Awards: Firm of the Year – Bain Capital

In the past 12 months, Bain Capital has raised its second Asia fund, closed sizeable deals in Japan and India, and completed a strong China exit. Jonathan Zhu, a managing director at the PE firm, looks back and forward

Bain-owned MYOB to cut debt through notes offer

Accounting software firm MYOB plans to issue A$125 million ($131 million) in subordinated notes to pay down debt used to finance its acquisition by Bain Capital and also to return capital to the private equity investor. The notes will be issued on the...

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Auctions: The new normal

Private equity firms love selling assets via auction but hate buying them through such channels. As Asian company owners become more sophisticated, bidding contests for large assets are becoming more frequent.

Billabong director explores buyout options

Billabong shares spiked 17% during Monday morning trading in response to the Australian surfwear company announcing that one of its directors was looking at a possible leveraged buyout. TPG Capital and Bain Capital both submitted bids of A$694 million...

AVCJ at 25: Turning points

To mark the 25th anniversary of Asian Venture Capital Journal, we highlight five key phases in the development of asset class in Asia and talk to the individuals involved. Two of the phases are births – of a sort – and the other three are crises,...

Advent raises $10.8b for new buyout fund

Advent International has raised EUR8.5 billion ($10.8 billion) for its seventh global buyout fund, more than the EUR7 billion planned initially. The new vehicle, which launched officially in March, is one of the largest buyout funds raised since the start...

Asia fundraising: A divided market

Global and local players are in the market trying to raise new regional and country vehicles. The former can rely on institutional relationships and IR might to get the job done. The latter face a resources squeeze

Asian PE fundraising slips in 3Q as RMB vehicles struggle

Asian private equity fundraising reached $10.8 billion in the third quarter of 2012, continuing a downward trend that stretches back 12 months, according to provisional data from AVCJ Research. Renminbi-denominated fundraising experienced the most acute...

Rival PE firm matches TPG’s $709m Billabong offer

A rival private equity firm – reportedly Bain Capital – has offered to match TPG Capital’s A$694 million ($709 million) buyout bid for Australian surfwear company Billabong International. The Billabong board maintains that neither offer reflects...