CVC Capital Partners
Canada's CPPIB doubles Asia private equity exposure
Canada Pension Plan Investment Board’s (CPPIB) exposure to Asian private equity more than doubled to $5.2 billion for the year ended March 2014, as total assets under management jumped to a record high of C$219.1 billion.
CVC to acquire Executive Centre from Headland
CVC Capital Partners has agreed to buy Hong Kong-based serviced office provider The Executive Centre (TEC) from Headland Capital Partners for an undisclosed sum.
CVC hits hard cap for Asia
Three of the last four investments in CVC Capital Partners' third pan-Asian fund were China control deals, and two of them involved restaurants. The Fund IV portfolio will be more diversified - encompassing retail, healthcare and financial services as...
CVC announces final close of $3.5b on fourth Asian fund
CVC Capital Partners has announced a final close on its fourth pan-Asian fund at the hard cap of $3.5 billion. The vehicle has spent just under a year in the market, having launched in June 2013 with a target of around $3 billion.
CVC buys KFC Korea franchise
CVC Capital Partners has agreed to buy the South Korea KFC business from domestic conglomerate Doosan for KRW100 billion ($97.9 million).
CVC completes South Beauty restaurant acquisition
CVC Capital Partners has completed its acquisition of a majority stake in Chinese restaurant chain South Beauty.
NYSTRS confirms $100m commitment to CVC Asia fund
New York State Teachers’ Retirement System (NYSTRS) has confirmed a $100 million commitment to CVC Capital Partners’ fourth Asia buyout fund.
Japanese banks commit to CVC's fourth Asia fund
CVC Capital Partners has received $100 million in commitments from Sumitomo Mitsui Trust Bank (SMTB) and Japan Bank for International Cooperation (JBIC) for its fourth Asia fund, which is expected to close above its $3.5 billion hard cap.
CVC completes China dumpling chain buyout
CVC Capital Partners has confirmed the acquisition of Da Niang Dumpling Holdings, a Chinese quick service restaurant operator. The investment – CVC’s third China control deal in recent months – was completed in December and was reported by local media...
CVC completes $215m sell down of Indonesia's Matahari
CVC Capital Partners has raised IDR2.49 trillion ($215 million) by trimming its stake in Indonesian retailer Matahari Department Store. This follows a $1.3 billion share sale last year by the PE firm and its local partner, the Riady family’s Lippo Group....
CVC hires Asia consumer sector specialist as advisor
CVC Capital Partners has appointed consumer sector veteran Jeremy Hobbins as a senior advisor to the pan Asia team.
Tyco shortlists PE firms for Korean unit - report
KKR, Bain Capital, IMM Private Equity and The Carlyle Group are reportedly among those shortlisted by US security specialist Tyco International as potential buyers for its South Korean unit - ADT Caps - in deal worth as much as $1.4 billion.
Corruption an opportunity for SE Asia dealmakers
While corruption is pervasive in emerging markets, GPs in Southeast Asia have found ways to profit from the imperfections.
CVC to acquire $200m stake in China education company – report
CVC Capital Partners is said to be investing around $200 million in Chinese education company EIC Group, buying shares from the founder and existing investor Actis Capital.
VIDEO: Steve Koltes of CVC Capital Partners
CVC Capital Partners has completed two control deals in China in 2013 and Steve Koltes, the firm's co-founder and co-chairman, expects more to follow. This evolution of opportunities in existing markets - plus the opening up of new markets - will see...
CVC reaches $2b first close on fourth Asia fund - report
CVC Capital Partners has reportedly had a $2 billion first close on its fourth Asian fund which is targeting a final close of $3.5 billion.
PSERS, Louisiana Teachers commit to CVC's fourth Asia fund
CVC Capital Partners has received $175 million in commitments to its fourth Asia Pacific fund from Pennsylvania Public School Employees’ Retirement System (PSERS) and Teachers’ Retirement Systems of Louisiana (TRSL).
PE firms in the hunt for Tyco's Korea business - report
KKR, Bain Capital and CVC Capital Partners are reportedly among the preliminary bidders for the South Korean unit of US-based security systems specialist Tyco International. The unit is known as ADT Caps.
Asia Awards: Exit of the Year – Matahari Department Store
Two substantial partial exits that can be seen to justify the Indonesia investment thesis for global PE firms were among those nominated for Exit of the Year: TPG Capital and Northstar Group’s agreed sale of more than 30% of Bank Tabungan PensiunanNasional...
PE-backed China Cinda to raise $2.5b in Hong Kong IPO - report
PE-backed China Cinda Asset Management Corp, one of four groups set up to absorb non-performing loans (NPLs) from the country’s Big Four state-owned banks, is expected to raise up to $2.5 billion in its Hong Kong IPO.
Q&A: CVC Capital Partners' Sigit Prasetya
Sigit Prasetya, managing partner at CVC Capital Partners, on why recent volatility in Indonesia shouldn’t concern PE investors, negotiating auctions and lofty valuations, and working with Southeast Asia’s family groups
Investment: Southeast Asia's family footholds
By most measures, Southeast Asia is under-penetrated by private equity. If deal flow expectations are to be met, investors must tap local networks for openings in and around the family conglomerates
Apollo, Oaktree-owned Nine Entertainment targets $658m IPO
Australian TV network Nine Entertainment - which is backed by US hedge funds Oaktree Capital Group and Apollo Global Management - is looking to raise up to A$697 million ($658 million) in its IPO set for December. The capital raised will be use to pay...
CVC poised to buy China restaurant chain South Beauty - report
CVC Capital Partners is said to be nearing an agreement to buy a majority stake South Beauty Group, a Chinese restaurant chain, for around $300 million.