KKR
SpiceJet in talks with private equity giants - report
Budget airline SpiceJet is planning to raise capital from private equity investors including KKR, The Blackstone Group and Bain Capital, as well as other foreign airlines.
PE firms consider bid for Australian packaging firm – report
The Blackstone Group, KKR and The Carlyle Group are said to be in talks with banks over a bid for Australian packaging company Pact. The deal could value the firm at as much as $1.4 billion.
And the winners are…
Congratulations to the winners of the 2012 AVCJ Private Equity & Venture Capital Awards China. For a second year in a row, AVCJ has sought to recognize excellence in private equity and venture capital in China in its annual private equity and venture...
Australia's ASX may join bid for PEP’s Link - report
Australia's bourse operator ASX may join the auction for Link Market services, the share registry owned by Pacific Equity Partners (PEP), in a deal that could be worth as much as $1.36 billion. If the transaction goes through, it would be Asia’s biggest...
KKR receives $225m from Oregon Investment Council
KKR has won a $225 million commitment from the Oregon Investment Council for its second Asia buyout fund. The buyout firm is currently raising around $6 billion for its KKR Asian Fund II, which will invest across the region.
International PE players say time is right for PIPE deals – AVCJ China Forum
International private equity players KKR and CVC believe that the current market has opened the doors for more PIPE deals in China.
Unitas mulls buyout of PE-backed Infastech - report
Pan-Asia buyout fund Unitas Capital has expressed interest in bidding for Singapore-based Infastech, which has been put on the block by CVC Capital Partners and Standard Chartered Private Equity (SCPE).
KKR adds two India firms to green portfolio program
KKR India portfolio companies Bharti Infratel and Dalmia Bharat Cement are among the new additions to the private equity firm’s green portfolio program. The initiative, which now covers about 30% of KKR’s global portfolio, is designed to identify...
Fairbridge Capital acquires Thomas Cook India for $150m
Fairbridge Capital, a subsidiary of Fairfax Financial Holdings, has acquired the Indian arm of Thomas Cook, the second-largest holiday maker in Europe, for INR8.17 billion ($150 million).
KKR raises one-third of $6b Asia fund – report
KKR has reportedly attracted commitments of $2 billion in the first round of capital raising for its new Asia fund, which has a final target of as much as $6 billion. The news comes after The Carlyle Group made initial approaches to investors regarding...
KKR ends takeover talks with Pacific Brands
Melbourne-based underwear manufacturer Pacific Brands said on Tuesday that a takeover from parties including KKR is unlikely in the near term.
CalPERS commits $500m to Blackstone, $100m to PAG
California Public Employees’ Retirement System (CalPERS), the biggest US public pension fund, is going to commit $500 million to a managed account overseen by Blackstone Group. Another $100 million will be distributed to Hong Kong-based PAG.
India’s VRL Logistics gets $33m from New Silk Route
VRL Logistics, a Karnataka-based logistics and transport company, has received an INR1.75 billion ($33 million) capital injection from New Silk Route (NSR). The investment comprises INR1.25 billion in new equity and INR500 million for a stake held by...
KKR, Goldman back Indian logistics provider
Ford Motors sold nearly 100,000 cars in India last year and a further 22,000 units manufactured in the country were exported overseas. Every single component that went into each vehicle was handled by TVS Logistics.
KKR, Goldman invest $53m in India’s TVS Logistics
KKR has agreed to invest $47 million in TVS Logistics, an Indian supply chain manager that services the auto, distribution, electronics and component manufacturing industries. As part of the transaction, existing investor Goldman Sachs will inject a further...
TPG approaches first close of $1.5b on Asia fund
TPG is nearing a first close of its latest Asian buyout fund on $1.5 billion, bringing the private equity giant one step closer to its goal of raising at least $4 billion for the region.
KKR takes 24% stake in China blood banker
It is a newborn child's first-ever insurance policy: Cord blood, rich in stem cells, is taken from the umbilical cord shortly after birth and placed into storage, only to be used if the child is later stricken by a serious illness. Cord blood can help...
China’s private equity talent war
The pace of growth in China’s private equity industry hasn’t been matched by the development of a pool of qualified local investment professionals. Firms are busy building from the bottom and poaching at the top
KKR in new push for MMI IPO – report
KKR has reportedly revived plans to exit MMI International, the precision-engineering company it took private in 2007, through a Singapore IPO. The offering could generate $400-500 million, but it is unclear how much of its holding the private equity...
Carlyle targets $762m in IPO
The Carlyle Group is seeking to raise as much as $762.5 million through its initial public offering. This would value the company at up to $7.6 billion, less than half the current market capitalization of The Blackstone Group and more than $2 billion...
PE-backed Coffee Day plans $78m India expansion
Coffee Day Group, a diversified Indian business backed by Standard Chartered Private Equity (SCPE), KKR and New Silk Route, plans to spend INR4 billion ($77.9 million) on expanding its operations this year. The firm has indicated it might then look at...
Oaktree files for $595m IPO
Oaktree Capital Group, the US-based debt-focused private equity firm, has filed for an IPO that could raise up to $595.1 million. Co-founders Howard Marks and Bruce Karsh stand to take away as much as $117.2 million each from the sale.
John Mack joins KKR's senior advisory team
John Mack, former chairman and chief executive officer of Morgan Stanley, has joined KKR as a senior adviser. Mack is known for his strong ties to China, having advised the likes of China Investment Corp. (CIC) and the Beijing and Shanghai governments.
KKR India recruits Tashwinder Singh as director
KKR has hired Tashwinder Singh as a director of its India arm based in Mumbai. He joins from Citigroup India, where he spent more than 18 years.