The Carlyle Group
Indonesia considers cap on foreign ownership of local banks
Indonesia is considering limits on foreign ownership of domestic banks at a time when private equity firms are keen to boost their exposure to the sector. Darmin Nasution, the central bank governor, said that the potential impact of the regulations is...
Suntory to set up JV with Carlyle target GarudaFood
Indonesia’s GarudaFood plans to establish a soft drinks joint venture with Suntory, the Japanese corporate thought to have lost out to The Carlyle Group in the final round of bidding for a stake in the company. Suntory is looking to spend around $126...
PE-backed China Forestry expects 1H loss
China Forestry Holdings, which counts The Carlyle Group and Partners Group among its investors, has warned that it is expected to post a loss for the first half of 2011. The Hong Kong-listed company said earlier this year that an investigation into alleged...
Carlyle registers RMB fund with China's NDRC
A renminbi-denominated fund launched by The Carlyle Group has been registered with the National Development and Reform Commission (NDRC), becoming the first vehicle backed by a foreign firm to receive such approval. Beijing Carlyle Investment Center was...
India's lower-tier urban opportunities
As demand for consumer goods rises among India’s 1.2 billion population, private equity has been scouring the cities for a windfall. Yet, this growth – and the competition for deals that has arisen from it – has also prompted a handful of private equity...
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...
Carlyle sells majority stake in Newgen to PE consortium
The Carlyle Group has sold its majority stake in Chennai-based publishing and data services firm Newgen to a private equity consortium comprising Franklin Templeton Private Equity Strategy, Aureos South Asia Fund and ePlanet Capital. Financial details...
Japanese GPs prepare for a smaller future
Consolidation is in the cards as Japan’s private equity industry focuses on mid-cap plays rather than buyouts
Does Taiwan still like buyouts?
The rejection of a KKR-led MBO of Yageo is yet more disheartening news for Taiwan’s PE community
Buyouts reassess their Australia risk
A hot currency and a degree of regulatory uncertainty are not turning investors away from Australia, but they may alter how buyouts do business there
Maybank, CIMB drop RHB pursuit following Aabar Investments' 25% stake acquisition
The potential merger between RHB Capital and either Maybank or CIMB has collapsed after Abu Dhabi-backed Aabar Investments agreed to pay a price for a 25% stake in the Malaysian lender that the banks could not match.
Carlyle injects growth capital in India's Visen
The Carlyle Group has broadened its growth capital portfolio in India through a $25 million investment in polymer-emulsion maker Visen Industries, slated to aid the company's domestic and overseas expansion.
Two more PE firms win QFLP approval in Shanghai
SB China Venture Capital and Shanghai Guosheng CLSA Venture Capital have won approval from the Shanghai government to participate in the Qualified Foreign Limited Partners (QFLP) initiative. They join The Carlyle Group, Blackstone and DT Capital Partners,...
Paulson exits scandal-hit firm as concern mounts about China forestry plays
Paulson & Co. has exited its stake in Sino Forest following fraud allegations against the Chinese company. It is the second such firm to be implicated in a scandal after China Forestry, which is backed by The Carlyle Group and Partners Group, was suspended...
Carlyle's diversifies its business ahead of IPO
The carlyle Group's purchase of a 55% stake in Emerging Sovereign Group (ESG) is its second acquisition in the asset management space within seven months and a clear indication of how the private equity wants to develop its business.
Apax nears Jyothy stake buy - report
Apax Partners is reportedly closing in on a 26% stake in Mumbai-based consumer goods firm Jyothy Laboratories, bringing to an end a battle between several private equity firms over the $150 million deal.
Carlyle tipped to choose JPMorgan, Credit Suisse, Citi as IPO underwriters
The Carlyle Group is expected to name JPMorgan, Citigroup and Credit Suisse as the lead underwriters for its IPO, Reuters reported, citing sources familiar with the situation.
Banks pitch to underwrite Carlyle's $1b IPO
The Carlyle Group is interviewing banks seeking the mandate to manage its expected $1 billion IPO, Reuters reported, citing a person familiar with the situation. It is thought that the private equity firm will choose the main underwriters by the end of...
Pennsylvania pension fund commits $220m to private equity
Pennsylvania Public Schools Employees’ Retirement System has committed up to $220 million to private equity investments, including $50 million for Orchid Asia V, which focuses on growth capital investments in China.
Carlyle invests in emerging markets hedge fund manager
The Carlyle Group will buy a 55% stake in Emerging Sovereign Group (ESG), a US-based hedge fund manager that focuses on emerging markets, including China, India, South Korea and Southeast Asia.
Private equity seeks Southeast Asia consumer plays
Has private equity become infatuated with the Southeast Asian consumer? As valuations continue to rise in China and India, industry participants note that a growing number of funds are now looking for deals elsewhere in the region.
Make space in your diary...
I am pleased to announce the official launch of our AVCJ Asian Private Equity & Venture Forum 2011 and this year’s conference rocks. I am obviously biased but our roster of speakers simply speaks for itself.
Carlyle nears first direct investment in Indonesia
US private equity firm The Carlyle Group is closing in on a 25% stake worth $200 million in GarudaFood, an Indonesian food and beverage company, Reuters reported.
China's LP problem
When the world's largest equity players announced plans to launch renminbi-denominated funds in China, there was no shortage of headlines. This was what they had been waiting years for: an opportunity to tap into the growing wealth of local institutions...