Creador
Creador raises Somany Ceramics investment to $10m
South and Southeast Asia-focused mid-market GP Creador has increased its investment in Indian tile maker Somany Ceramics to $10 million via a secondary market transaction.
Creador takes minority stake in India's Somany Ceramics
India and Southeast Asia-focused GP Creador will buy about 11% of listed tile and sanitary ware maker Somany Ceramics for INR499.9 million ($8.1 million).
Creador makes SE Asia e-payment breakthrough
Creador spent a couple of years looking for ways to enter Southeast Asia’s electronic payments space without much success. “We are a firm believer that there is a shift from cash to credit and debit solutions and e-commerce will push this to the next...
Creador to take 20% stake in Malaysia's GHL, back e-pay acquisition
Creador will take a 20% stake in Malaysia-based payment services provider GHL Systems through a private placement of new shares. The capital will in part be used to finance GHL’s proposed acquisition of Australian Securities Exchange-listed e-pay Asia.
Creador set for $105m first close on Fund II
India and Southeast Asia-focused GP Creador is expected to reach a first close of $105 million on its second fund by mid to late August. The full target is $250 million.
Creador rushes to launch Fund II
“Despite our experience, and the fact we spent the last 12 years investing in India with success, I think a lot of people saw us as a first time fund,” says Brahmal Vasudevan, founder and CEO of Creador, recalling the difficulty his firm had in reaching...
Canary in the coal mine: GP economics under stress
Still dealing with the fallout from a fundraising boom, mid-market PE firms in Asia face the prospect of smaller vehicles in coming vintages, and team volatility comes as part of the package
Creador sets $250m target for Fund II
Creador has launched its second fund, targeting $250 million, barely four months after closing its debut vehicle. The private equity firm, which focuses on India and Southeast Asia,expects to reach a first close in August.
Creador brews 2x return on OldTown
Malaysia's OldTown White Coffee has unusual origins. The brand came into existence in 1999 as a range of pre-mix instant beverages, offering creamer, coffee and sugar in a single sachet. It was only in 2005 that the company decided to venture into the...
Creador sees 2x return, 101% IRR on maiden exit
Creador has made a partial exit from its investment in Malaysian restaurant chain OldTown White Coffee at a 2x money multiple, representing an IRR of 101%.
Strong demand for Carlyle-backed Repco Home Finance IPO - update
The public issue of Repco Home Finance (RHF), which is backed by The Carlyle Group, Wolfensohn Capital Partners and Creador, was over-subscribed on its final day on Friday.
Carlyle-backed Repco Home Finance launches IPO
Repco Home Finance (RHF), which is backed by The Carlyle Group, Wolfensohn Capital Partners and Creador, launched its IPO on Wednesday, seeking to raise INR2.7 billion ($49 million).
Indonesia mid-market: It’s who you know
Although not overrun with GPs, Indonesia’s mid-market is difficult to penetrate. Access to local networks through which deals can be sourced is a good first step. After that, it’s entrepreneur management
Indonesia fundraising: Reality check
Few Indonesia-focused GPs that sprung up in recent years have made headway. It points to a still immature local market and recognition amongst LPs that they can get exposure to the country in other ways
Creador backs Indian home loans provider
Creador has acquired a 9.9% stake in Repco Home Finance (RHF), an Indian housing finance provider owned by Repco Bank, for INR724 million ($13.7 million). It is the India- and Southeast Asia-focused GP’s second deal in a fortnight and leaves the firm’s...
Creador completes Indonesia food carve-out
Creador headed off an auction process to complete a carve-out of Indonesian cereals and snack foods producer Simba Indosnack Makmur from India’s Godrej Consumer Products.
Creador closes Fund I, eyes Fund II
With his first fund days away from a final close, Creador CEO Brahmal Vasudevan is already thinking about a successor vehicle. This is because Creador I, which focuses on India, Malaysia and Indonesia, is on course to be more than two-thirds deployed...
Creador reaches $132m final close on debut fund
Creador, a Southeast Asia and India-focused private equity firm, has reached a final close of $132 million for its debut fund. This comes after a first close of $100 million in late 2011. Creador already has plans to launch a second fund in 2013.
Creador takes proprietary route to MNC IPO
One of the biggest criticisms leveled at private equity firms that anchor IPOs is that LPs expect them to do proprietary investments. When Saban Capital and Creador Capital performed the anchor role for MNC Skyvision’s $228 million offering earlier...
Creador confirms MNC Skyvision investment
Creador Capital has confirmed it invested $28 million in Indonesian pay TV operator MNC Skyvision’s IDR2.15 billion ($228 million) IPO. The committed capital includes $13 million from a co-investor.
Saban, Creador anchor $228m MNC Skyvision IPO
Saban Capital Group and Creador Capital have acted as anchor investors in the IPO of MNC Skyvision, the largest pay TV company in Indonesia. The company, which began trading on the Indonesia Stock Exchange on Monday, raised IDR2.15 billion ($228 million)...
VIDEO: Creador's Brahmal Vasudevan
Brahmal Vasudevan first wanted to invest in Indonesia six years ago when he was with India-focused GP ChrysCapital. Now, as CEO of Creador, the private equity firm he set up last year, Vasudevan has his wish. Creador is seeking to raise around $350 million...
Creador invests $15m in OldTown
India- and Southeast Asia-focused investor Creador has injected RM45.7 million ($15 million) in OldTown White Coffee, the number-one Asian restaurant chain in Malaysia.
Q&A: Creador's Brahmal Vasudevan
Brahmal Vasudevan, CEO of India- and Southeast Asia-focused Creador, discusses the rewards and challenges of investing in Indonesia