KKR
KKR commits $300m to Asia media investment platform
KKR has committed $300 million to a Emerald Media, an investment platform that will target media and entertainment opportunities across Asia. The Chernin Group is participating as a minority co-investor in the deal.
PE-backed CICC files for $811m Hong Kong IPO
China International Capital Corp. (CICC) has announced the pricing for its upcoming Hong Kong IPO, which will see the company raise up to HK$6.3 billion ($811 million).
PE-backed Coffee Day to raise $177m in India IPO
Indian coffee shop and restaurant chain Cafe Coffee Day has fixed a price for its upcoming IPO that will put the offering on course to meet its target of INR11.5 billion ($177 million).
Deal focus: KKR eyes O2O home services expansion
KKR joins Alibaba Group and Ping An Group in backing 58 Daojia, an online-to-offline local services platform that is tipped to match Didi Kuaidi and Dianping-Meituan for size
KKR, Alibaba, Ping An commit $300m to 58.com's O2O unit
KKR, Alibaba Group and Ping An Group have agreed to provide $300 million in Series A funding to 58 Daojia, the online-to-offline (O2O) local services platform of US-listed Chinese classifieds site 58.com.
Going green: PE's environmental value-add
The private equity industry's approach to environmental value-add is evolving. The Environmental Defense Fund, KKR and The Carlyle Group discuss the various partnerships that underpin these efforts
PE and ESG: More than a box check
Environmental, social and governance (ESG) issues have traditionally featured in pre-deal due diligence to mitigate risk, but GPs are increasingly called upon to weave these considerations into strategic thinking
Nanjing Xinjiekou to buy KKR-backed China Cord Blood
Shanghai-listed Nanjing Xinjiekou Department Store has made a bid to acquire China Cord Blood Corporation (CCBC), a US-listed blood bank operator backed by KKR, for about RMB6 billion ($966 million).
KKR to invest $150m in Indian polyester manufacturer
KKR has agreed to invest $150 million in JBF Industries, an India-based polyester products manufacturer, with a portion of the capital going to the company’s international subsidiaries.
PE-backed CICC files for Hong Kong IPO
China International Capital Corp. (CICC), which is backed by KKR, TPG Capital and Singapore’s GIC Private, among others, has filed for a Hong Kong IPO. The company is said to be looking to raise around $1 billion.
Former Japan Exchange head joins KKR as chairman
KKR has named Atsushi Saito, former head of the Tokyo Stock Exchange (TSE) and the Japan Exchange Group (JPX), as the non-executive chairman of KKR Japan.
KKR supports Philippines social enterprise project
KKR has completed its second social enterprise assistance project alongside Impact Investment Exchange Asia (IIX) and its non-profit sister organization Shujog, providing support to Glovax Biotech, which sells affordable vaccines to low to middle income...
Permira hires former KKR deal-maker as head of Japan
Permira has chosen former KKR deal-maker Ryotaro Fujii as managing director and head of Japan. Yoichiro Furuse has been made chairman of Japan.
China Modern Dairy buys KKR, CDH $245m JV stake
KKR and CDH Investments have agreed to sell their stake in Success Dairy to China Modern Dairy Holdings (CMDH) in exchange for $HK1.9 billion ($245 million) of CMDH stock.
2Q analyisis: The bulls hesitate
China's equities wobble is unlikely to discourage companies from local listings, and a rise in renminbi fundraising could result; Asia investment hits record high; public market sales dominate exit activity
KKR raises $3.1b for second global infrastructure fund
KKR has announced the final close of its KKR Global Infrastructure Investors II fund at $3.1 billion. The fund will invest in infrastructure opportunities, with an emphasis on OECD member countries.
India IPOs: Best intentions
Should Cafe Coffee Day, the largest player in India's chained café market, succeed in raising INR11.5 billion ($180 million) in its IPO, it would be the largest PE-backed offering on a domestic bourse in close to eight years.
Australia's PE-owned GenesisCare to buy Cancer Partners UK
Australian cancer and cardiovascular treatment provider GenesisCare, which is owned by KKR, has bought cancer center manager Cancer Partners UK from its private equity backer, Apposite Capital.
PE-backed Coffee Day targets $180m India IPO
Cafe Coffee Day, an Indian coffee shop and restaurant chain backed by KKR, New Silk Route Partners (NSR) and Standard Chartered Private Equity (SCPE), is seeking to raise up to INR11.5 billion ($180 million) through an India IPO.
KKR commits $70m to China education player Tarena
KKR has invested $70 million in Tarena International, a provider of professional education and training in China, forming a new partnership with a PE backer as existing investors trim their holdings.
Corporate governance: Thin end of the wedge?
Japan’s corporate governance code will not trigger a torrent of non-core divestments, but it may encourage boards to think strategically about how – and with whom – they can improve performance
KKR-owned Panasonic Healthcare agrees $1.1b Bayer bolt-on
Panasonic Healthcare, the Japanese medical equipment manufacturer in which KKR acquired a majority stake last year, has agreed to buy Bayer’s diabetes care business for EUR1.02 billion ($1.15 billion).
China seeing more liquidity, increased competition for deals - AVCJ Forum
China’s private equity industry is seeing greater liquidity than in recent years but competition for deals – the operating partners required to make investments work – is intensifying, GPs told the AVCJ China Forum.
KKR Asia head Joe Bae to move back to US
Joe Bae, who moved to Hong Kong 10 years ago to set up KKR’s Asia business, will return to the US in the summer. He will continue to lead the firm’s regional operations as managing partner of KKR Asia.