First Eastern Investment Group
INCJ, First Eastern in partial exit from Japanese airline
Innovation Network Corporation of Japan (INCJ) and Hong Kong-based First Eastern Investment Group have agreed to sell a combined 28.3% holding in Japanese airline Peach Aviation for JPY30.4 billion ($271 million).
First Eastern's Chu launches Nova Scotia fund
Victor Chu, chairman of Hong Kong-based First Eastern Investment Group, is leading a group of private investors that will create a C$50 million ($40 million) venture capital fund in Nova Scotia, Canada.
AVCJ Awards: AVCJ Special Achievement: First Eastern's Victor Chu
Victor Chu’s First Eastern Investment Group was among the first private equity firms to enter China. It has since carved a new niche based on Chinese outbound investment
SDCL launches $200m UK-China energy efficiency fund
UK-based Sustainable Development Capital LLP (SDCL) has teamed up with with Hong Kong private equity infrastructure firm First Eastern Investment Group to launch a $200 million fund that will invest in energy efficiency projects in the UK and China.
India’s Kalyani Group to sell wind energy stake to PE – report
The Kalyani Group, the Indian industrial conglomerate, is reportedly in talks with private equity firms to sell a stake in its wind energy business, Kenersys. In addition to diluting Kalyani’s controlling interest, the deal would allow the partial exit...
Sustainable Development Capital to raise $500m for Asia cleantech
Sustainable Development Capital (SDCL), a London- headquartered investment and advisory company, plans to tap $500 million to invest in green business in Asia within the next three years.
First Eastern backs Sustainable Development Capital
First Eastern Investment Group, a Hong Kong-based investor with interests in private equity and venture capital, has acquired a minority stake in Sustainable Development Capital (SDCL). The two firms have also set up an Asia-focused joint venture.
J.P. Morgan gets green light for $1b RMB fund
J.P. Morgan Asset Management has reportedly won approval from the Beijing government to launch a $1 billion renminbi-denominated fund.
Japan’s airlines explore budget options
Japan Airlines and All Nippon Airlines have joined First Eastern-backed Peach Aviation in the low-cost carrier space. Is there room for more private equity involvement?
Two more firms approved by Shanghai for QFLP program
First Eastern Investment Group and a joint venture between CLSA and Shanghai Guosheng have joined Blackstone, Carlyle and DT Capital as firms approved for Shanghai's QFLP program.
First Eastern launches UK China Fund endorsed by UK PM Cameron
First Eastern Investment Group (First Eastern), a pioneer of direct investment in China, has launched a $500 million UK China Fund, which will focus on providing capital to British companies, particularly SMEs to help expand their business and access...
The sky’s the limit with Chu-ANA joint venture
Hong Kong-based First Eastern Investment Group Founder Victor Chu and his family are making their first foray into the highly regulated aviation industry in partnership with All Nippon Airways (ANA), Japan’s second-largest carrier, launching a budget...
First Eastern backs Japanese low-cost airline with ANA
First Eastern Investment Group, the leading private equity firm based in Hong Kong and headed by Victor Chu, will take a 33.3% stake in Japan’s first-ever budget airline company alongside All Nippon Airways (ANA), which will hold 39%.
First Eastern makes second investment in Wuhan
First Eastern Investment Group, the pioneering Hong Kong-based private equity firm, has made a capital injection of RMB100 million ($14.8 million) into Wuhan STDS Environment Tech Co., Ltd. in China.
First Eastern partners with Monitise
First Eastern Mobile Investments, part of the First Eastern Investment Group, has announced a 50/50 joint venture with Monitise Plc, claimed to be the world's leading provider of mobile money networks and technology, with a view to developing mobile banking,...
First Eastern launching Dubai fund
Victor Chu’s First Eastern Investment Group is planning a $250 million private equity fund to focus on investments in Dubai, aiming to assist local businesses starved of capital since the Gulf economy’s sudden collapse.