Goldman Sachs
Wall Street’s clean up reaches far and wide
The conviction of hedge fund heavyweight Raj Rajaratnam signals sweeping change in trading culture
TPG hires Goldman PE veteran as MD
TPG Capital has reportedly hired Steve Sun, Managing Director of Goldman Sachs, as a China Partner, global media reports.
History shows that PE is set to benefit from China’s spend
Fears that the value of the US dollar will continue its downward spiral have prompted central banks across Asia to look at alternative investment routes to hedge their exposure to assets related to the currency. For China, with approximately $3 trillion...
Rising pressures in Chinese private equity
IN THE PAST FEW YEARS, PRIVATE equity and venture capital firms have already established the industry as a credible source of financing for Chinese companies in need of capital. With the recent IPOs of Chinese entities, in particularly NASDAQ (that have...
Chemspec looks to merge with Primavera JV
Shanghai-based specialty chemical maker Chemspec International Limited has submitted a request to the SEC to be delisted from the New York Stock Exchange and merged with a company owned by Primavera Capital and Chemspec’s CEO Jianhua Yang.
Asia Pacific's happy returns
Asia’s exit market has picked up steam in 2011, but questions remain as to whether timing is optimal
Goldman, Morgan Stanley latest to launch RMB funds
US investment giants Goldman Sachs and Morgan Stanley have reportedly been given the green light to launch yuan-denominated private equity funds in China, coming as Western PE players rush the market to take advantage of a newly liberalized investment...
Private equity in China’s insurance sector
The growth of the insurance sector in China has rocketed in recent years with the potential still remaining tremendous and private equity has been in the center of this rise. And it has been a profitable relationship for GPs that are able to take stakes...
Korean consumer lender A&P wins Takefuji
The ongoing bidding process for collapsed Japanese consumer lender Takefuji has officially ended with Korean industry peer A&P Financial besting rival suitors to acquire the debt-burdened asset.
Goldman buys into major Chinese insurer
One year after the private equity arm of Goldman Sachs set its sights on a sizable minority stake in Chinese insurance major Taikang Life Insurance, Goldmans PIA has finally closed the deal, thus marking its latest foray into the PRC’s booming sector.
J-Trust drops from Takefuji bid, A&P new leader
In a surprise twist in the long-awaited sale of distressed Japanese consumer lender Takefuji Corp., leading suitor, Goldman Sachs-backed J-Trust, has dropped out of the bidding process, making way for Korean lender A&P Financial Co. to assume the top...
Goldman's Taikang stake acquisition finalized
Goldman Sachs has acquired a 12.02% stake in China's Taikang Life Insurance Co Ltd. – a slice reportedly worth more than $900 million.
Breaking out of the shell
Captive funds have becoming active in Asia but are they here for the long term?
GS and Everstone to laurnch NBFC in India – reports
US banking giant Goldman Sachs, Everstone Capital, Ashmore Group and several other funds have linked up to establish a non-banking finance company (NBFC) in India, according to reports.
Goldman Sachs acquires Indian hedge fund
Goldman Sachs Asset Management is set to acquire 10-year-old Indian hedge fund manager Benchmark Asset Management Co. in a move that bolsters its holdings in the market.
The changing face of Indian private equity
What's happening in Indian private equity? The past few months have seen tremendous changes in India’s PE industry as local professionals move around in a happy merry-go-round of new and old faces. Some industry watchers say these changes and movements...
Aetos Capital takes remainder of Simplex
Aetos Capital, a US-based private equity and real estate investment firm, will boost its 50% stake in Japanese real estate asset manager Simplex Investment Advisors to 100% ownership by acquiring the 50% stake currently held by a Goldman Sachs.
NSR Chairman Rajat Gupta charged with insider trading
Chairman and Co-Founder of New Silk Route (NSR) Rajat Gupta is being investigated for insider trading by the Securities and Exchange Commission, alleging that he passed classified information, garnered through holding executive positions as Goldman Sachs...
Aetos takes remaining 50% in Simplex from Goldman Sachs
Aetos Capital, a US-based private equity and real estate investment firm, will turn its 50% owned Japanese real estate asset manager Simplex Investment Advisors into a wholly owned subsidiary by acquiring the other half owned by a Goldman Sachs. The US...
Goldman Sachs realigns regional PE operations
Goldman Sachs is set to reorganize its regional private equity business, combining three now-separate geographies into a single division, a Goldman Sachs spokesman confirmed to AVCJ. The unit will be led by Partner Ankur Sahu and MD Andrew Wolff.
Leaving the mother ship: Asian professionals on their own
What a difference a year makes.
Carlyle, MBK not among Hana's backers in KEB bid
The Carlyle Group, MBK Partners and Goldman Sachs have not provided financial backing to South Korean commercial lender Hana Financial in its bid to acquire Korea Exchange Bank (KEB) from US buyout group Lone Star.
Goldman Sachs reorganizes private equity group
After its much-publicized run in with the SEC in July and as part of a wider push for transparency among US banks, Goldman Sachs has put forward a proposal that will more clearly divide its activities to ensure that its investments are separate from the...
CVC's Nine Entertainment nears IPO
CVC has named Goldman Sachs, Credit Suisse and UBS as its advisers for the intended public debut of Australian TV network Nine Entertainment, according to Australian reports, in a process that could come by the spring.