The Carlyle Group
Private equity seeks Southeast Asia consumer plays
Southeast Asia consumer deals are increasingly attractive, but not necessarily easy to do
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
A shortage of qualified investment partners is hindering foreign PE firms’ efforts to raise renminbi funds
RHB battle highlights PE challenges in Malaysia
As private equity in China and India becomes overcrowded, driving up valuations, some funds have broadened their regional focus. Malaysia has generated particular interest, but recent developments suggest that the pickings are likely to be small.
Auction for 25% RBH stake to move forward - report
Abu Dhabi Commercial Bank (ADCB) is reportedly set to move forward with its 25% stake sale in RHB Bank, despite news that two rival banks would launch acquisition bids for Malaysia’s fifth-largest lender. ADCB’s auction process is expected to attract...
PE funds eye Jyothy stake sale
Mumbai-based consumer goods firm Jyothy Laboratories is reportedly looking to sells a minority stake in itself in an effort raise up to $200 million, and has approached private equity funds including Actis, Apax Partners, Carlyle and TPG about the deal.
Carlyle, Vestar sell down stakes in Asia-focused chemicals firm
Carlyle Group and Vestar Capital Partners sold down stakes in AZ Electronic Materials, an Asia-focused chemicals manufacturer, sending the London-listed company’s stock plunging 10% on Wednesday. Each private equity firm jettisoned a 10% holding –...
Malaysia’s top banks target RHB
Weeks after Carlyle and TPG reportedly teamed to bid for a 25% stake in Malaysian lender RHB Capital, top Malay banks Maybank and CIMB are each looking to make an acquisition bid for the asset, potentially creating the largest banking institution in Southeast...
Proceed with caution
China’s rapid growth has lured private equity funds pie-eyed for returns, but the market’s realities make investing more difficult to maneuver
Carlyle, Suntory tipped to buy stake in GarudaFood
Carlyle Group, in partnership with Japanese brewer Suntory, is closing in on a 30% stake in Indonesia’s GarudaFood thought to be worth over $200 million, Reuters reported.
Rising pressures in Chinese private equity
IN THE PAST FEW YEARS, PRIVATE equity and venture capital firms have already established the industry as a credible source of financing for Chinese companies in need of capital. With the recent IPOs of Chinese entities, in particularly NASDAQ (that have...
It’s a private equity world out there
FOR MANY OF OUR READERS, THE WORDS ‘private equity’ may be most well associated with the business their company is conducting, private equity investing. Although that is true, private equity has grown to encompass a bigger meaning, especially in a...
Asia Pacific's happy returns
Asia’s exit market has picked up steam in 2011, but questions remain as to whether timing is optimal
Carlyle, TPG and Sumitomo Mitsui eye stake in Malaysian lender
Carlyle and TPG have reportedly teamed up to jointly bid for a 25% stake in Malaysia’s RHB Capital, and are said to face off against Japanese financial group Sumitomo Mitsui Banking Corporation to acquire the asset.
Playing Asia’s PE field
In a business where a small number of individuals make a big amount of impact, investors in Asian private equity are finding departures of senior dealmakers becoming more than a handful
Two more firms approved by Shanghai for QFLP program
First Eastern Investment Group and a joint venture between CLSA and Shanghai Guosheng have joined Blackstone, Carlyle and DT Capital as firms approved for Shanghai's QFLP program.
Carlyle and Macquarie bid for Redflex stopped short
Three months after The Carlyle Group and Macquarie Group made inroads to acquire Australian traffic light and road safety firm Redflex Traffic Systems, offering approximately A$300 million ($302 million) - a 21% premium - for the asset, a key company...
Blackstone, Carlyle and DT Capital approved for QFLP pilot
Three private equity firms, Blackstone, the Carlyle Group and local representative DT Capital, have received approved from the Shanghai government for its Qualified Foreign Limited Partners (QFLP) scheme says a report by Reuters.
Carlyle group’s awareness of China investment risks
The Carlyle Group was reportedly having problematic issues with two of its portfolio companies, China Forestry, a Hong Kong-listed plantation operator and NASDAQ-listed China Agritech.
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...
Apollo takes step forward with IPO, two steps back
On March 22, Apollo Global Management LLC was confident that its imminent IPO prospects were solid. One of its aims was to join fellow private equity giants Blackstone and KKR in going public. In fact, the Apollo event was widely seen as likely to re-ignite...
Malaysian gambling operator may be up for grabs - reports
Malaysian entrepreneur Vincent Tan is reportedly considering the sale of a 49% stake in the unlisted gaming unit of Berjaya Sports Toto Bhd (B Toto), a holding company that owns, among its subsidiaries, assets linked to the gambling industry.
Apollo Global Management IPO flip-flops
Apollo Global Management LLC (APO) has raised $565 million on its recent IPO, selling 29.76 million shares, or 3.6 million more than it had expected. However, while the shares initially traded at top end of their $17-19 price range, Apollo’s performance...