Morgan Stanley Private Equity Asia
Morgan Stanley extends property fund's investment period - report
Morgan Stanley Real Estate Investing has received approval from LPs to increase the investment period of its $4.7 billion property fund, Morgan Stanley Real Estate Fund (MSREF), by one year.
MSPEA-backed Biotor close to shuttering - report
Morgan Stanley Private Equity Asia’s (MSPEA) first and only Indian portfolio company from its pan-Asian fund, Mumbai-based biofuel company Biotor Industries, is reportedly on the verge of closing its operations, which could leave MSPEA out of its INR2...
Update - MSPEA buys restaurant manager Nolboo
Morgan Stanley Private Equity Asia (MSPEA) has completed its first acquisition in Korea since seeing the departure of four key executives nearly 18 months ago, closing a transaction that has garnered praise from industry peers but also raises questions.
Morgan Stanley in line for HCP Holdings acquisition
Morgan Stanley Private Equity (MSPE) is reportedly negotiating with Chinese packaging firm HCP Holdings to purchase an 80% stake. The deal is said to value the company at approximately $500 million.
Morgan Stanley PE acquires Korean restaurant chain
Morgan Stanley Private Equity Asia (MSPEA) has acquired an undisclosed majority stake in Korean restaurant chain Nolboo.
China MBOs: The problem with privatizations
With stock prices undervalued, company chairman and private equity investors are eyeing potential privatizations among US-listed Chinese companies. It isn’t as easy as it seems.
China due diligence: Suspicious minds?
The quality of private equity firms’ China due diligence has been called into question over the last 12 months - growth capital players may have too little time and too much money.
PAG commits $250m to NASDAQ-listed Funtalk China
PAG Asia Capital has agreed to invest $250 million in Funtalk China Holdings, a NASDAQ-listed company that controls Chinese subsidiaries involved in the distribution and retail of mobile phone handsets, accessories and content.
Hahn & Company closes first fund
Hahn & Company, the South Korea-focused private equity firm founded by Scott Hahn, formerly Morgan Stanley Private Equity (MSPE) Asia’s (MSPEA) chief investment officer, has recorded a final close on its first fund, reaching the hard cap of $750 million....
Morgan Stanley invests in Chinese plastics firm
Morgan Stanley Private Equity Asia (MSPEA) has agreed to make a $100 million equity investment in China XD Plastics for a significant minority stake.
China Auto Logistics raises $5.25m through private equity placement
China Auto Logistics has raised $5.25 million through a private equity placement. The NASDAQ-listed company, which runs automobile-related websites, sells imported luxury vehicles and provides automobile-related services, sold 3 million unregistered common...
MSPE Asia singles out Yongye as a value proposition
To Yongye International, a Chinese agricultural nutrients producer, Morgan Stanley Private Equity (MSPE) Asia is every bit the white knight. Under attack from short-sellers that had branded the company a fraud, Yongye’s stock was in trouble: it was...
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.
Morgan Stanley-backed China Flooring kicks off Hong Kong IPO
Morgan Stanley Private Equity-backed China Flooring Holding, one of the largest wood flooring brands in China, has launched its initial public offering in Hong Kong, and expects to raise HK$1.57 billion ($201.8 million) in the process.
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...
MSPE Asia’s Scott Hahn takes on Korea
In the latest in a string of recent spin offs by PE professionals in the region, former CIO and Managing Director at Morgan Stanley Private Equity Asia, Scott Hahn, is said to be raising $500 million for a fund that will solely focus on South Korean investments.
MSPE Asia sees returns with China Shanshui
In a further testament to the opportunities surrounding China’s booming infrastructure sector, Morgan Stanley Private Equity Asia has fully exited its investment in Hong Kong-listed China Shanshui Cement, selling its final block of shares for $222 million....
Morgan Stanley PE’s Scott Hahn to raise $500m for Korean fund
Scott Hahn, a former CIO and Managing Director for Morgan Stanley Private Equity Asia (MSPE Asia), is reportedly raising $500 million for a new fund that will solely focus on South Korean investments.
Morgan Stanley PE Asia exits China Shanshui
Morgan Stanley Private Equity Asia has fully exited its investment in Hong Kong-listed China Shanshui Cement with the sale of block priced at $222 million. Morgan Stanley was the sole book runner.
Morgan Stanley in talks over Shanghai Motel Management
US investment bank Morgan Stanly is reportedly in the process of speaking with European hotel group Accor SA about the sale of its majority controlled motel chain operator, Shanghai Motel Management.
CIC and Blackstone enter Japan’s distressed space
China Investment Corporation, China’s $300 billion sovereign wealth fund, has reportedly joined forces with US investment giant, the Blackstone Group, to purchase Morgan Stanley’s Japanese loan portfolio at a major discount, according to news reports.
MSPE's Sihuan Pharma's subsidiary gets 30-year distribution license for key drug
Morgan Stanley Private Equity (MSPE) investee Sihuan Pharmaceutical has announced that its wholly-owned subsidiary Hainan Sihuan Pharmaceutical Co., Ltd. has secured an exclusive distributorship agreement for 30 years with Benxi Leilong Pharmaceutical...
MSPE Sihuan Pharma IPO looks to strong healthcare exit
Morgan Stanley Private Equity investee Sihuan Pharmaceutical is on track to raise $741 million, potentially rising to $850 million if a greenshoe option is exercised, after pricing its IPO high at 26.7x next year's earnings, in the world's second largest...
Morgan Stanley Realty Fund poised to gain 33% from Oberoi Realty listing
Morgan Stanley Real Estate Fund investee, Mumbai-based Oberoi Realty, has debuted onto the public market at a 7.5% premium to its issue price - a strong start for the company valued at INR9,586 crore ($2.1 billion) by the day's end Wednesday.