TPG Capital
Australia's Treasury Wines receives competing buyout offer
Australia’s Treasury Wine Estates (TWE) has received a buyout offer from TPG Capital that values the company at A$3.37 billion ($3.15 billion), matching a revised bid submitted by KKR and Rhône Capital last week.
PE-backed CICC to pick advisers for IPO – report
The private equity-backed China International Capital Corporation (CICC), China’s largest investment bank, has reportedly picked ABC International Holdings and CCB International as joint sponsors for its Hong Kong IPO.
China Life to buy $250m TPG stake - report
China Life - the world's third largest insurer - is to acquire a stake in TPG Capital for $250 million.
Shares in PE-backed Healthscope climb 5.2% on ASX debut
Shares in Healthscope,the Australian hospital operator backed by TPG Capital and The Carlyle Group, rose 5.2% to A$2.21 at the end its first day of trading yesterday following the largest Australian IPO in four years.
TPG, Carlyle to price Healthscope IPO at upper-end of range - report
TPG Capital and The Carlyle Group are to price shares in Australian hospital chain Healthscope at A$2.10 a share - the upper-end of the target range, generating A$2.25 billion ($2.12 billion).
TPG invests in Hong Kong-based hedge fund seeder
TPG Capital will take an ownership interest in HS Group, a Hong Kong-based investment company that provides seed capital to hedge funds, as part of strategic partnership between the two firms.
TPG, Carlyle favor IPO exit for Australia's Healthscope – report
TPG Capital and The Carlyle Group are reportedly looking to take Healthscope public rather than seek to exit Australia’s second-largest private hospital operator via a trade sale.
TPG, PAG lead $1.2b acquisition of property manager DTZ
TPG Capital and PAG Asia Capital, together with co-investor Ontario Teachers' Pension Plan (OTPP) have agreed to buy DTZ, the property services arm of Australia-listed UGL, for an enterprise valuation of A$1.215 billion ($1.2 billion).
TPG looks up after bumpy fundraise
The fundraising process for TPG Asia VI was not smooth. More than two-and-a-half years in the market, a reduced target, changes in senior management, and churn within the China team prompting questions about the PE firm’s ability to cover what is arguably...
Canada’s CPPIB doubles Asia private equity exposure
Canada Pension Plan Investment Board’s (CPPIB) exposure to Asian private equity more than doubled to $5.2 billion for the year ended March 2014, as total assets under management jumped to a record high of C$219.1 billion.
TPG closes sixth Asian fund at $3.3b
TPG Capital has closed its sixth pan-Asia fund at $3.3 billion after more than two years in the market.
TPG sole bidder for Australian engineering carve-out - report
TPG is said to have emerged as the sole final bidder for DTZ, the property services arm of Australian engineering and property management company UGL.
TPG, Khazanah invest $132m in Philippines housing developer
TPG Capital and Malaysian sovereign wealth fund Khazanah Nasional have together invested PHP5.8 billion ($132 million) in Philippines-based housing developer 8990 Holdings.
Manish Chokani to head TPG Growth India
Manish Chokhani has been appointed chairman of TPG Growth India.
Fosun expresses interest in Australia’s Healthscope – report
Fosun Group has highlighted the China growth potential of private equity-owned Australian hospital operator Healthscope, prompting speculation it might bid for the asset.
India's Piramal commits $131m to Shriram City Union Finance
Piramal Enterprises - the flagship business of India healthcare conglomerate Piramal Group - has agreed to buy a 9.99% stake in private equity-backed non-banking finance company (NBFC) Shriram City Union Finance (SCFU) for INR7.89 billion ($130 million).
TPG, Fosun raise offer to secure China healthcare take-private
A consortium comprising TPG Capital and Fosun Industrial has agreed to privatize NASDAQ-listed Chinese healthcare provider Chindex International in a deal worth $461 million, after raising its offer to head off competition from a rival financial bidder.
TPG forms JV with Indian online player Smile
TPG Growth has formed a $100 million joint venture with Indian internet media company Smile Group to build businesses in Asia-Pacific, the Middle East and Africa.
Operational value-add: Home-made remedies
Private equity firms, and the LPs, are placing greater emphasis on adding value to portfolio companies. But what is the best way of developing operational capabilities in Asia, and who should pick up the tab?
TPG, Fosun target Chindex gets better buyout offer
Chindex International has received a take-private offer from an unspecified financial bidder that values the Chinese healthcare provider at around $414 million, exceeding an earlier offer submitted by TPG Capital and Fosun Industrial alongside the CEO.
PE goes to the movies: Part II
As the man who helped launch the careers of Bruce Lee and Jackie Chan, among others, film producer Raymond Chow can claim to have played a leading role in putting Hong Kong martial arts movies on the international map.
Hony, TPG Growth invest in film studio
Hony Capital and TPG Growth, a middle market and growth equity investment arm of TPG Capital, have partnered with Hollywood producers Robert Simonds and Gigi Pritzker to set up a film studio.
TPG eyes quick return from Inghams property sale
TPG Capital is planning to sell a portfolio of real estate assets held by Inghams Enterprises that could more than cover the equity commitment it made when buying the Australian poultry producer last year.
TPG, Fosun set for $369m China healthcare take-private
TPG Capital and Fosun Industrial have teamed up with the CEO of Chinese healthcare provider Chindex International have won board approval to privatize the NASDAQ-listed company. The deal values Chindex at approximately $369 million.