Partners Group
Partners Group, CPPIB exit GlobalLogic to Hitachi
Partners Group and Canada Pension Plain Investment Board (CPPIB) are exiting a combined 90% stake in US-headquartered GlobalLogic to Japan’s Hitachi at an equity valuation of $8.5 billion.
Shariah investors in PE: Tailored exposure
Employees Provident Fund’s $600 million shariah-compliant co-investment mandate suggests increasing institutional appetite for Islamic finance solutions in private equity. Is the industry ready?
Malaysia's EPF awards co-investment SMAs to global firms
BlackRock, HarbourVest Partners, and Partners Group have been awarded co-investment mandates by Malaysia’s Employees Provident Fund (EPF) totaling $600 million.
Partners Group invests $250m in India's Ecom Express
Partners Group has committed at least $250 million to Indian door-to-door delivery specialist Ecom Express, facilitating a partial exit for controlling shareholder Warburg Pincus.
Partners Group-backed SPi completes India edtech bolt-on
SPi Global, a Philippines-based enterprise technology provider controlled by Partners Group, has paid an undisclosed sum for a majority stake in Indian education technology company LearningMate.
Baring Asia executives forgo salary to support COVID-19 efforts
Baring Private Equity Asia’s (BPEA) investment committee, including CEO Jean Eric Salata, will contribute 100% of their annual base salaries to a COVID-19 relief fund. The $5 million vehicle will also include commitments from the firm’s balance sheet...
Coronavirus & leverage: Room to maneuver?
Economic disruption caused by the coronavirus outbreak is likely to leave many private equity portfolio companies in breach of their leverage covenants. Borrowers and lenders are looking for a fix
Partners Group rebuffed in pursuit of Australia's Healius
Australian healthcare services provider Healius has rejected a A$2.1 billion ($1.4 billion) buyout offer from Partners Group, saying it doesn’t reflect the fundamental value of the company.
Northern Arc reaches first close on India debt fund
Northern Arc Investments, an India-focused private debt investor, has achieved a first close of $23 million on its Northern Arc India Impact Fund.
Partners Group targets $1.4b buyout of Australia's Healius
Partners Group has been granted a call option on Chinese conglomerate Jangho Group’s 15.9% stake in Australian healthcare services provider Healius, enabling the private equity firm to make a A$2.1 billion ($1.4 billion) bid for the entire business.
Portfolio level HR: Human traffic
Private equity firms in Asia are paying more attention to recruitment at the portfolio level, in some cases allocating dedicated in-house resources. How is it impacting attitudes towards leadership change?
India leveraged finance: Debt delivered
The greater availability of control deals in India is creating opportunities for leveraged lenders as they become more comfortable with the complexities of onshore-offshore capital movements
Australia leveraged finance: Best blend?
Two years ago, unitranche structures were a novelty in Australia’s leveraged finance market. Now they are an integral part of it. For borrowers and lenders, there might be no turning back
Partners Group finds proxy for China sports boom
From Adidas to Li Ning, sportswear brands are expanding aggressively in China. Recent Partners Group acquisition BCR Group is among the leaders in a $2 billion industry that furnishes new stores
Partners Group invests Australian wind farm
Partners Group has made an investment of undisclosed size in an Australian wind power project. It is the firm’s fourth wind farm investment in the country in three years.
Portfolio company boards: Gurus wanted
Filling board seats for portfolio companies is more art than science in both private equity and venture capital. Investors must approach the challenge with flexible playbooks
Global GPs and Japanese LPs: Stirring the pot
As Japanese institutional investors seek to initiate or change up their private equity programs, GPs looking to build long-term relationships in the country must find the right way to engage
China ESG: Societal shift
China’s ESG compliance drive reflects a long structural change for financial markets and an evolutionary process for local business culture. Many investment variables are unique
Partners Group hires Ravi Jeyaraj for Australia direct deals
Partners Group has recruited Ravi Jeyaraj, formerly of Navis Capital Partners, as head of private equity direct investments in Australia.
Lexington leads $1b stapled secondary for TPG Asia
Lexington Partners has backed a GP-led tender offer for TPG Capital’s fifth and sixth Asia funds, taking out existing positions held by LPs and investing new capital into the firm’s seventh pan-regional vehicle. The transaction represents a total...
Partners Group agrees $142m Australia wind farm acquisition
Partners Group has agreed to pay Macquarie Capital and Renewable Energy Systems (RES) A$200 million ($142 million) for a construction-stage wind power project in Australia.
Kedaara, Partners Group-owned Aavas files India IPO
Aavas Financiers, the former mortgage arm of Indian non-banking finance company Au Financiers acquired by Kedaara Capital and Partners Group in 2016, has filed for an IPO that will provide partial exits to both investors.
Partners Group commits $530m to Australia renewables platform
Partners Group has agreed to invest A$700 million ($530 million) in an Australian renewable energy platform with plans to advance an existing wind power project.
Apax exits remaining GlobalLogic stake to Partners Group
Apax Partners has sold its remaining 48% interest in GlobalLogic, an IT outsourcing company founded by several Indian entrepreneurs, to Partners Group. The deal values the business at more than $2 billion.