RRJ Capital
RRJ invests $300m in Malaysia's Yinson
Hong Kong-based private equity firm RRJ Capital has agreed to invest USD 300m in Malaysia-listed Yinson Holdings, an oil and gas industry supplier aiming to bring cleantech to the local energy sector.
RRJ to invest $251m in Singapore's Fullerton Health
RRJ Capital is poised to invest SGD 350m (USD 251m) in Singapore-based integrated healthcare platform Fullerton Healthcare Corporation after the target company settled a dispute with two of its co-founders.
JD.com set to assume control of China Logistics Property
China e-commerce giant JD.com has agreed to buy a 26.38% stake in Hong Kong-listed China Logistics Property Holdings (CNLP) from the company’s founder, which will trigger a mandatory takeover offer for the entire business at a valuation of more than...
China's acquisitive conglomerates: Tables turned
The troubles at China's HNA Group, Wanda Group and Anbang Insurance have removed a once popular exit channel for private equity, but now GPs may see these companies as a source of deal flow
RRJ takes full ownership of Gategroup from HNA
RRJ Capital has agreed to take full ownership of Gategroup, an airline catering provider owned by troubled Chinese conglomerate HNA Group.
PE-backed China Everbright Water files for HK IPO
China Everbright Water, a Singapore-listed water environmental solutions provider focused on China and backed by RRJ Capital and the International Finance Corporation (IFC), has filed for a dual listing in Hong Kong.
Temasek, RRJ to take 49% stake in HNA-owned Gategroup
Temasek Holdings and RRJ Capital have invested an unspecified amount for a significant minority stake in Gategroup, an airline catering provider owned by troubled Chinese conglomerate HNA Group.
RRJ invests in China HNA’s internet finance platform
RRJ Capital has led a $200 million Series A round for Jubaohui, an internet finance platform established by Chinese conglomerate HNA Group.
RRJ, Carlyle-backed logistics player targets $434m HK IPO
A subsidiary of Chinese logistics player Shanghai Yupei Group, which is backed by RRJ Capital, The Carlyle Group, and Temasek Holdings, is looking to raise up to HK$3.36 billion ($434 million) through a Hong Kong IPO.
China SOE reform: No change?
The mixed ownership model that features in China’s latest push on state-owned enterprise reform sounds exciting in theory but some private equity investors must revise their expectations in practice
Deal focus: Investors exit as Tsingda refocuses on domestic IPO
OCBC's mezzanine capital unit and RRJ Capital both secure nearly 3x returns as China-based Tsingda eEdu Corp positions itself for a domestic listing
RRJ, Value Partners invest in Logan Property
RRJ Capital, Hong Kong-based asset management firm Value Partners, and other investors have committed HKD1.5 billion ($197 million) to Logan Property Holdings, a real estate development business controlled by Chinese billionaire Kei Ho Pang.
RRJ Capital closes Fund III at $4.5b
RRJ Capital has closed its third fund – which invests globally, with an emphasis on China and Southeast Asia – at $4.5 billion after approximately nine months in the market.
Deal focus: RRJ doubles down on e-commerce logistics
When RRJ Capital first committed $250 million to Shanghai Yupei Group in April 2014, Temasek Holdings was its sole partner in the investment. The company had 16 warehouses with a total gross floor area of more than 1.4 million square meters and plans...
RRJ consortium commits $250m to China warehousing player
RRJ Capital has re-upped in Chinese logistics player Shanghai Yupei Group, leading a consortium that has agreed to invest $250 million in the business.
China cross-border: A helping hand
When Hony Capital bought Pizza Express for about GBP880 million ($1.5 billion) last year, the plan was to turn the UK-based restaurant chain’s nascent China presence into a commanding one. The private equity firm then built a dedicated platform for...
China GPs highlight role of local partners in cross-border deals
China-based private equity investors are bullish about the prospect of bringing overseas technologies and brands into the domestic market, but securing competent local partners is key to capitalizing on these opportunities.
PE and China franchising: Eat what you cook
Franchising is an effective way of establishing Western restaurant brands in China. Private equity firms have picked up on the opportunity, but it is not without risk. Local appeal and strong partners are essential
Texas County & District re-ups for RRJ Capital’s third fund
Texas County & District Retirement System (TCDRS) will invest $50 million in RRJ Capital’s third fund, which launched earlier this year and is understood to be targeting at least $4 billion.
PE-backed SIIC Environment makes China bolt-on acquisition
SIIC Environment, a Chinese water treatment firm backed by China Investment Corporation (CIC), RRJ Capital and CCBI International, has agreed to buy industry peer Fudan Water for RMB1.55 billion ($249 million).
RRJ makes Fund III filing, registers $762m
RRJ Capital has made a US regulatory filing for its third China and Southeast Asia-focused fund, indicating that $762 million has been committed by LPs so far. This does not necessarily reflect the full extent of the GP’s fundraising efforts.
TRS Illinois backs RRJ, Carlyle Japan funds amid $900m strategy
US-based pension fund Teachers' Retirement System (TRS) of the State of Illinois is backing RRJ Capital's third flagship fund and The Carlyle Group's third Japanese buyout as part of $900 million worth of commitments planned across nine alternative investment...
RRJ, IFC invest $85m in China Everbright Water
RRJ Capital and the International Finance Corporation (IFC) have agreed to subscribe to S$113.5 million ($85 million) in new shares issued by China Everbright Water, a Singapore-listed environmental protection and alternative energy business.
RRJ, Jollibee secure Dunkin' Donuts China franchise
RRJ Capital has teamed up with Philippines-based quick service restaurant operator Jollibee Foods Corporation to launch Dunkin’ Donuts in China.