CVC Capital Partners
India sports: In it to win it
Private equity interest in the commercialisation of sport globally is filtering through to India, with a couple of high-profile cricket deals. What other franchises and rights owners could be up for grabs?
2022 preview: Macro & buyout
Will the bullish investment environment persist through 2022? Most Asia-based private equity players expect to remain busy, although they acknowledge a lack of visibility around macro and geopolitical risk
Asia exits: Pass the parcel
Sponsor-to-sponsor exits are set to reach a record high in Asia this year as private equity firms increase velocity of deployment and some strategics remain in a pandemic-induced funk
CVC backs take-private of Hong Kong-listed Razer
CVC Capital Partners is supporting a proposed founder-led privatization of Hong Kong-listed gaming hardware and software provider Razer that values the business at HK$24.7 billion ($3.17 billion).
CVC exits Malaysia snacks business to Universal Robina
CVC Capital Partners has agreed to sell Malaysia-based snack foods producer Munchy Food Industries to Universal Robina Corporation (URC) – a branded consumer food and beverage business in the Philippines – for MYR1.93 billion ($454 million).
COVID-19 validates sector lens strategies – AVCJ Forum
COVID-19 has reinforced the argument for developing sectoral expertise that spans geographies, industry leaders told the AVCJ Private Equity & Venture Forum.
China regulation: Shock and awe
A raft of rules, largely targeting the technology sector, has challenged business cases and thwarted exits in China. It is also contributing to tweaks in investment strategy
Q&A: CVC Capital Partners’ Hans Wang
Hans Wang, who leads the Greater China and Asia cross-border teams at CVC Capital Partners, discusses uncertainty in China, the evolution of partnership and control strategies, and how to stay ahead in Asia
CVC buys into Chinese pharmacy chain
CVC Capital Partners has made an investment of undisclosed size in Xi’an Yikang Pharmacy, China’s eighth-largest pharmacy chain.
CVC hires Affinity's ex-Australia head
CVC Capital Partners is returning to the Australia market with the recruitment of Brett Sutton, formerly of Affinity Equity Partners, as country chair.
Baring Asia secures $324m exit from Korean courier business
Baring Private Equity Asia has sold Korean courier company Logen, ending an eight-year holding period that featured a disputed – and aborted – sale to CVC Capital Partners followed by an arbitration proceeding.
Japan activists: Enablers or destabilizers?
The corporate governance scandal at Toshiba underlines the increasing influence of activist investors in Japan. For private equity firms, there are two sides to the coin
Deal focus: TEC goes back to the office
KKR and Tiga Investments have acquired Hong Kong’s The Executive Centre at a time when flexible office space is coming into focus, but expansion ambitions need to remain in check
Deal focus: CVC gets intimate with A Bathing Ape
CVC Capital Partners has completed a complex carve-out of Japanese streetwear brand A Bathing Ape from diversified Hong Kong retail group I.T
KKR, Tiga acquire Hong Kong's The Executive Centre
KKR and Tiga Investments have agreed to acquire Hong Kong office space provider The Executive Centre (TEC), facilitating exits for HPEF Capital Partners and CVC Capital Partners.
CVC, CDPQ carve out China ad agency's global portfolio
CVC Capital Partners and Caisse de dépôt et placement du Québec (CDPQ) have agreed to acquire a majority stake in the international business of China-based advertising and marketing agency BlueFocus Group at a valuation of $350 million.
CVC proposes acquisition of Japan's Toshiba
Toshiba Corporation has confirmed it received a buyout offer from CVC Capital Partners. Based on a reported valuation of $20 billion, it would be the largest acquisition by a private equity firm in Asia.
Deal focus: Point Avenue's O2O proposition
Vietnam education start-up Point Avenue is pursuing expansion across after-school tuition, bilingual K-12 schools, and online platforms. Gaw Capital will provide financial and strategic support
CVC takes majority stake in Shiseido's personal care division
CVC Capital Partners is set to make its largest investment in Japan since before the global financial crisis, having agreed to purchase of a majority stake in Shiseido’s personal care business at a valuation of JPY160 billion ($1.52 billion).
CVC recruits EQT's Asia mid-market head
Martin Mok has joined CVC Capital Partners as a Hong Kong-based senior managing director after spending nearly 20 years with EQT.
Diversity & inclusion: The right questions
With diversity and inclusion becoming a priority for institutional investors, GPs are being asked to demonstrate a willingness to take meaningful action. The challenge is often knowing where to start
SIP brings PE value-add to COVID-19 hit HK social enterprises
Social Impact Partners (SIP), a Hong Kong-based venture philanthropy organization supported by several private equity firms, has been drawing on industry resources to support portfolio organizations that face financial and operational challenges because...