Baring Private Equity Asia
Fundraising of the Year – Baring Private Equity Asia
Global private equity majors including KKR, Bain Capital and TPG say that now is the time to raise Asian megafunds, but for Baring Private Equity, which closed its $2.4 billion fifth vehicle in just six months earlier this year, it’s good to get in...
Baring-backed Courts Asia seeks expansion
Baring-backed electronics and furniture retailer Courts Asia is looking to invest S$70 million ($54.1 million) to launch new Southeast Asian retail outlets, coming at a time when its private equity backer is considering its exit options.
Baring raises $52m in Yingde sell-down
Baring Private Equity has raised HK$402.5 million ($52 million) through the block sale of Yingde Gases shares on the Hong Kong Stock Exchange, reducing its holding in the company by one third.
VIDEO: PE's top names sound off on Asian talent
Asia has been a major recipient of capital in recent years given the growth potential of key markets, but the region's top professionals aver that finding an experienced fund manager to deploy these dollars remains a key issue.
VIDEO: PE's top names on the key challenges in Asia
In the lead-up to 24th-annual AVCJ Forum 2011, held in Hong Kong November 7-11, AVCJ TV asks private equity’s top fund managers about the major challenges facing the industry.
TPG targets up to $5b for Asia-focused fund
TPG Capital is reportedly raising the largest Asia-focused fund since the onset of the global economic crisis, targeting $4-5 billion.
Baring group looks to exit Singapore-based Courts Asia
A unit backed by Baring Private Equity and a consortium of investors is looking to sell Singapore-based furniture and electronics franchise Courts Asia for more than S$500 million ($382 million).
Women in private equity: Minority report
Private equity is a man’s world, in Asia and everywhere else. What can women on the inside do to bring about change?
You’re only as strong as your brand name
I was surorised by the number of LPs at the recent AVCJ Private Equity & Venture Forum in the US that were familiar with the top tier private equity funds in Asia.
Nestle tables $1.7b offer for Hsu Fu Chi
A fund advised by Baring Private Equity Asia (BPEA) stands to make a substantial gain on its investment in Chinese confectionary company Hsu Fu Chi after Nestle tabled an offer of $1.7 billion for a 60% stake in the company. The size of the deal, which...
Nestle offers $1.7b for 60% of Chinese candy company
Nestle has offered to buy 60% of Hsu Fu Chi International, a leading Chinese confectionary company, for about $1.7 billion and then take the company private in collaboration with its family owners, Reuters reported. The deal values Hsu Fu Chi at S$3.46...
Nestle in talks with Baring-backed Chinese confectionary company
Nestle is negotiating a potential investment in Hsu Fu Chi, a Chinese confectionary company in which Baring Private Equity Asia is a minority shareholder. Singapore-listed Hsu Fu China is China’s largest publicly held confectionary company. It is worth...
Harbin Electric MBO nears finish, despite critics
Harbin Electric's Chairman has won board approval for his privatization bid, bringing an eight-month saga that has featured several class-action lawsuits and unremitting attacks from short-sellers nearer to a close. The buyers – the chairman, other...
Harbin Electric management buyout receives board approval
Shares in NASDAQ-listed Harbin Electric jumped as much as 73% on Monday as the board agreed to a management buyout backed by private equity firm Abax Global Capital and China Development Bank. The stock closed at $13.35, up 59%, but still well below the...
Baring makes Singaporean education acquisition
Baring Private Equity Partners Asia has acquired the tertiary education business of Singaporean education and training institution PSB Academy for an undisclosed amount.
Harbin's CEO to make another privatization bid - reports
The CEO of Harbin Electric, a NASDAQ-listed developer and manufacturer of electric motors, is reportedly set to make his bid to privatize the company, Reuters reported.
Big is Better: Are mega funds making a comeback?
As the Asian private equity industry's biggest funds gear up for the next big round of fundraising, the question that comes to mind is “how large will Asian private equity funds become?” While Asian funds will still have a long way to go before they...
The fundraising success story
Baring Private Equity Asia ended a global slump on fundraising when it closed its fifth fund on $2.46 billion, 60% more than its predecessor, in less than six months. AVCJ speaks with the Managing Partner on the renewed institutional interest in Asian...
Baring Private Equity Asia closes $2.4 billion fund
Hong Kong-based private equity firm Baring Private Equity Asia has closed its fifth fund at $2.46 billion - 60% larger than its previous fund that closed at $1.52 billion in February 2008.
VIDEO: PE leaders discuss the industry's challenges
In the lead-up to 2011, private equity leaders spoke to AVCJ about the biggest challenges they think the industry is facing, ranging from GP/LP relations to the wider economic environment
Baring Private Equity Asia will not lead Harbin privatization
NASDAQ-listed Harbin Electric, Inc., a developer and manufacturer of electric motors, announced an end to the planned privatization process for the company in partnership with Baring Private Equity Asia.
Picking the winners
“Active management works,” was the resounding message of the keynote address given by Steven Barnes, MD of Bain Capital at the AVCJ Forum.
Asia Pacific private equity: out of the tunnel
PE leaders at AVCJ Forum draw lessons from the Crisis
Asian funds: arithmetic or geometry?
With Asia growing in size, scale and industry importance, what do the funds of the future look like?