CVC Capital Partners
CVC buys majority stake in Philippines hospital business
CVC Capital Partners has acquired a 63.94% stake in Philippines-based hospital operator The Medical City (TMC) following the completion of a tender offer.
CVC expands into infrastructure with DIF acquisition
CVC Capital Partners has expanded into the infrastructure space with the acquisition of DIF Capital Partners, a Netherlands-headquartered manager with an investment footprint that includes Australia.
CVC passes $4.4b on latest Asia fundraise
CVC Capital Partners has hit the USD 4.45bn mark on its sixth pan-Asian fund, following a first close of USD 3.5bn at the end of last year.
CVC hires India partner from Apollo
CVC Capital Partners has recruited Nikhil Gahrotra, an India-based partner at Apollo Global Management, to its private equity team.
Asia deal financing: A selective market
Regional buyout activity is weak but leveraged loans are available for the right kind of target – in Japan, Korea, Australia, and beyond – and with a suitably customised structure
Japan buyouts: Bucking the trend
Japan remains a private equity hotspot despite muted buyout activity elsewhere in Asia. Take-private and sponsor-to-sponsor opportunities make for a more textured local market
Valuation stalemates stall SE Asia exits – M&A Forum
Private equity investors at the Mergermarket M&A Forum Southeast Asia sensed that something has to give in a deadlocked regional exit market, where the bid-ask divide could break in either direction.
CVC invests $155m in Indonesia gas company
CVC Capital Partners has committed USD 155m to Indonesia-listed Samator Indo Gas, the largest industrial and medical gas producer in the country.
Asia GPs see reversion to norm on deal flow, valuations
Asia-focused buyout managers pointed to a return to a version of normality – with an anticipated upturn in investment and exits – in 2023 at the Hong Kong Venture Capital & Private Equity Association’s (HKVCA) Asia forum.
CVC hits USD 3.5bn first close on sixth Asia fund
CVC Capital Partners achieved a first close of USD 3.5bn on its sixth pan-Asian fund at the end of last year.
Sport investment: Into the value chain
Investors are increasingly drawn to the structural nuances, sticky customer bases, and long tail of ancillary opportunities that exist around professional sports. Asia’s role is small but growing
CPPIB puts $236m into Asia co-investments in second quarter
Canada Pension Plan Investment Board (CPPIB) defied the recent slowdown in Asia private equity investment to deploy more than CAD 300m (USD 236m) across five deals alongside portfolio GPs between April and June.
SE Asia exits set for near-term turbulence, long-term strength - AVCJ Forum
Private equity exits will remain challenging this year as buyers and sellers drift further apart on pricing, investors told the AVCJ Southeast Asia Forum, although their long-term outlook for liquidity in the region remains reasonably bullish.
ESG in M&A: Eloquent exits
Private equity firms are increasingly presenting portfolio companies’ sustainability credentials in a prepared and formal way in trade sale situations. It appears to be worth the trouble
Brett Sutton to leave role as CVC's Australia chair
Brett Sutton, a former partner at Affinity Equity Partners who was recruited by CVC Capital Partners last August to oversee the reestablishment of its Australia presence, will leave the firm at the end of the year.
Market volatility thwarts CVC pursuit of Australia's Brambles
CVC Capital Partners has abandoned its proposed acquisition of Australia-based container supplier Brambles, citing market volatility.
Hong Kong-based Martin Mok moves on from CVC
Martin Mok, a senior managing director with CVC Capital Partners in Hong Kong, has left the firm just over a year after his arrival from EQT.
CVC seeks $6b for latest Asia fund
CVC Capital Partners will launch its sixth Asia fund in April with a target of at least USD 6bn, stepping up from USD 4.5bn in the previous vintage.
Farallon calls on Toshiba to reconsider PE buyout
Farallon Capital Management, a minority shareholder in Toshiba Corporation, has called on the company to reconsider bringing in a private equity investor amid mounting opposition to a two-way spinoff.
AVCJ Awards 2021: Exit of the Year – Large Cap: Softex Indonesia
CVC Capital Partners helped Softex Indonesia grow its market share by penetrating modern retail channels and launching an ESG program. A USD 1.2bn trade sale exit to Kimberly-Clark was its reward
CVC moves to exit Indonesia's Link Net, buys Malaysia's Affin Hwang
CVC Capital Partners is shaking up its Southeast Asia portfolio with a renewed attempt to exit Indonesian broadband and cable TV provider Link Net and the acquisition of Malaysia-based asset manager Affin Hwang Asset Management.
Ex-CVC Asia head raises $200m SPAC
Generation Asia Acquisition, a special purpose acquisition company (SPAC) sponsored by Roy Kuan, formerly Asia managing partner at CVC Capital Partners, has raised USD 200m through a US offering.