Growth capital
Red heat: China PE on the rebound?
Investors have not been chasing as hard as they used to on opportunities in Chinese private equity these past few years. It’s not hard to understand why: the combination of slowing economic conditions, frequently unrealistic valuations, the temporary...
Providence to buy Star Group's stake in India shopping JV
Providence Equity Partners has acquired a 50% interest in home-shopping channel Star CJ Network India from Star Group. The business is a joint venture with Korea-based CJ O Shopping.
China's OTC market: The shortcut
JD Capital has become the first Chinese private equity firm to list on the country’s over-the-counter platform. Is the New Third Board a viable exit option – for GPs or for portfolio companies?
IMC PE unit invests in Singapore's Q&M Dental
Heritas Helios Investments (HHI), a healthcare PE fund seeded by Singaporean conglomerate IMC, has acquired a 10% stake in Q&M Dental Group from existing shareholders for S$30 million ($24 million).
Standard Chartered commits $50m to Indonesia hospital business
Standard Chartered Private Equity (SCPE) has agreed to invest up to $50 million to support an Indonesian healthcare business being developed by domestic media giant Emtek Group.
IFC commits $147m to India's Jubilant Pharma
International Finance Corporation (IFC) has completed one of its largest investments in India’s healthcare sector, committing $147.5 million to Jubilant Pharma.
Abraaj invests in Thai education provider
The Abraaj Group has acquired an undisclosed stake in KPN Academy, an out-of-school education service provider in Thailand.
Yunfeng invests in China's Quanfeng Express
Yunfeng Capital has a Series C round of funding for Quanfeng Express, a Chinese courier services provider.
China’s Hopu to invest in Russian mining project
Hopu Investments has teamed up with Baikal Mining (BMC) to jointly develop a copper deposit in the eastern Russia region of Zabaikalsky, which borders China and Mongolia.
Q&A: Mekong Capital's Chad Ovel
Chad Ovel turned around a portfolio company for Mekong Capital and then joined the PE firm as a partner. With the Vietnam-focused GP targeting $150 million for its third fund, he offers insights into a changing market
Century Bridge invests $60m in China residential developments
Sino-US real estate investor Century Bridge Capital has committed $60 million to two joint venture developments in China.
Armstrong commits $40m to Mekong region wind, solar projects
Southeast Asia-focused cleantech investor Armstrong Asset Management will commit up to US$40 million in equity to support the construction of wind and solar projects in the Mekong region.
Kerogen invests $100m in Kurdistan oil developer
Hong Kong-based energy investor Kerogen Capital has invested $100 million in HKN Holding, which owns HKN Energy, an oil and gas developer with an exclusive focus on Kurdistan.
GIC invests $84m in Philippines hospital business
GIC Private has agreed to invest PHP3.7 billion ($84.5 million) for a 14.4% stake in hospital business of Philippines-based conglomerate Metro Pacific Investments Corp.
CIMB PE backs Malaysian education provider
CIMB Private Equity has acquired a 33% stake in REAL Education Group, a Malaysia-based private schools operator, for MYR33 million ($10.2 million).
FidelisWorld backs India's Smaaash Entertainment
Sport, media and entertainment-focused GP Fidelis World Asset Management has invested in India's Smaaash Entertainment, a sports-centric digital entertainment complex.
India cabinet clears KKR for Gland Pharma deal
The Indian government has given KKR the go-ahead to acquire stakes in Gland Pharma and its affiliate Gland Celcus Bio Chemicals in a deal said to be worth around $230 million.
Portfolio: Standard Chartered and Navigat
Supported by Standard Chartered, Indonesia-based Navigat has evolved from a gas power equipment distributor into a fully-fledged independent power provider, serving geographies that others can’t reach
Denham mines Pembroke talent
When Barry Tudor stepped down as CEO of listed mining firm Gloucester Coal in 2012, he left behind quite a legacy. Tudor and his team shepherded the firm through a number of high-profile acquisitions – including that of Australia’s Middlemount Project...
Manish Chokani to head TPG Growth India
Manish Chokhani has been appointed chairman of TPG Growth India.
Life sciences player NuSep gets PE funding for Singapore unit
Xeraya Capital, a life sciences investor controlled by Khazanah Nasional, and PE fund JP Asia Prime Capital have invested S$16 million ($12.8 million) in PrIME Biologics, a subsidiary of NuSep that specializes in therapeutic plasma products.
GIC leads $170m investment in Brazil's Netshoes
Singapore sovereign wealth fund GIC Private has led a $170 million investment in Netshoes, a Brazilian e-commerce site focusing on sporting goods.
Denham Capital invests $200m in Asia coal play
Denham Capital will invest $200 million in Pembroke Resources as the newly-formed company looks to develop a portfolio of metallurgical coal assets across Australia, New Zealand and Indonesia.
Olympus leads $65m round for India's DM Healthcare - report
Indian hospital chain Aster DM Healthcare is said to be raising $65 million from existing backers Olympus Capital Asia and India Value Fund Advisors (IVFA).