Baring Private Equity Asia
Baring scales up for Fund VI
By the time Baring Private Equity Asia reached a first close on its sixth pan-regional fund it was clear that LP demand would not easily be met. Only four months earlier the fund was launched with a $3 billion target, but by October logged commitments...
Baring PE Asia's Fund VI closes shy of $4b
Baring Private Equity Asia has a reached a final close on its sixth fund at a hard cap of $3.98 billion after less than a year on the market, making it the largest ever close reached by an Asia-based GP.
Longreach puts a ring on it
Is the spirit of romance ebbing away in Japan? Naoki Sawano, president of bridal jewelry specialist Primo Japan, suggested as much a couple of years ago. He held a trend among young people “to think of the proposal and the engagement ring as two separate...
Longreach buys jeweler Primo Japan from Baring Asia
North Asia-focused GP The Longreach Group has acquired Primo Japan from Baring Private Equity Asia, with a view to expanding the bridal jewelry specialist into mainland China.
Baring pushes back final close on Fund VI to January
Baring Private Equity Asia has pushed its $3.85 billion final close on Fund VI to January because the last few LPs want their commitments to fall in the 2015 calendar year.
Asia fundraising: How much is too much?
Ever increasing fund sizes have become a fact of life for some private equity firms in Asia. LPs must distinguish between GPs raising more capital for a valid purpose and GPs doing so simply because they can
Baring Asia buys Japanese drug maker from Tokio Marine
Baring Private Equity Asia has agreed to buy Japan-based Bushu Pharmaceuticals from Tokio Marine Capital at an enterprise valuation of JPY77.3 billion ($670 million).
LACERS commits to Baring Asia's sixth fund
Los Angeles City Employees’ Retirement System (LACERS) has committed up to $25 million to Baring Private Equity Asia’s sixth pan-regional fund.
Texas County & District commits $50m to Baring Asia fund
Texas County & District Retirement System (TCDRS) has committed $50 million to Baring Private Equity Asia’s sixth pan-regional fund, which recently reached a first close of $3.2 billion.
Baring Asia reaches $3.2b first close on Fund VI
Baring Private Equity Asia has reached a $3.2 billion first close on its sixth pan-regional fund, exceeding its original target of $3 billion for the entire vehicle.
Baring Asia drops out of Japan electronics deal
Baring Private Equity Asia has abandoned plans to acquire the audio-video operations of Japanese car electronics maker Pioneer Corp - alongside the company's rival Onkyo Corp - three months after reaching a basic agreement.
Baring-backed Kangda acquires sewage treatment plants
Kangda International Environmental, a Chinese water treatment facility operator backed by Baring Private Equity Asia, has acquired a 90% stake in four sewage treatment plants for RMB270 million ($47 million).
Baring Asia, Altas buy $750m stake in Grenada university
Baring Private Equity Asia, alongside Canadian private equity firm Altas Partners, has acquired a substantial stake in St George's University, a Grenada-based medical school.
Baring Asia buys stake in TA-owned Cath Kidston
Baring Private Equity Asia has acquired a substantial stake in UK lifestyle retailer Cath Kidston from existing majority shareholders TA Associates and company management.
Baring, Hony, CDH complete Giant Interactive take-private
Baring Private Equity Asia, Hony Capital and CDH Investments' wealth management platform have completed the privatization of Giant Interactive in a deal that values the US-listed Chinese online game developer at approximately $2.9 billion.
PE-backed China Shengmu Organic Milk launches $169m HK IPO
China Shengmu Organic Milk, an organic dairy maker backed by several PE investors, is targeting HK$1.31 billion ($169 million) through an IPO in Hong Kong.
Baring Asia agrees Japan electronics buyout
Baring Private Equity Asia has agreed to acquire the audio-video operations of Japanese car electronics maker Pioneer Corp. alongside Pioneer's rival Onkyo Corp.
PE consortium to build hog farms with China’s COFCO Meat
KKR, Baring Private Equity Asia, Hopu Investments and Boyu Capital will invest in COFCO Meat, a subsidiary of Chinese agricultural conglomerate COFCO Group, to develop hog farms and meat processing plants.
China education investment: Competitive edge
Five months into 2014 and PE activity in China’s education sector is at its highest level in six years. Wary of the issues tied to creating a large footprint, investors are picking their segments and geographies carefully
Baring Asia exits Net Japan to Orix
Baring Private Equity Asia has sold its stake in jewelry recycler Net Japan to Japanese financial services group Orix Corp.
Baring Asia sued by education provider
Baring Private Equity Asia is being sued by education provider Global Indian Schools Holdings - into which it agreed to invest $100 million - for allegedly conspiring to prevent the company from making acquisitions in a bid seize control.
Morgan Stanley PE Asia agrees two China take-privates
Two privatizations US-listed Chinese companies backed by Morgan Stanley Private Equity Asia (MSPEA) have won board approval. Noah Education Holdings and Sino Gas International Holdings are now a shareholder vote away from de-listing.
Baring Asia targets $3b for Fund VI
Baring Private Equity Asia will seek to raise around $3 billion for its sixth pan-regional fund, its largest vehicle to date.
Baring Asia-backed Nord Anglia raises $304m, jumps on debut
Nord Anglia Education, a school operator controlled by Baring Private Equity Asia, saw its shares close up 12.5% on the first day of trading on the New York Stock Exchange. This followed an IPO that raised $304 million.