TPG Capital
Coulter, Rubenstein look at PE of the future – AVCJ Forum
Diversification and standardization were the watchwords as James Coulter, founding partner of TPG Capital, and David Rubenstein, co-founder and managing partner of The Carlyle Group, addressed the future of the global private equity industry at the AVCJ...
GPs highlight merits of differentiation – AVCJ Forum
General partners stressed the need for differentiation in devising strategies to capitalize on private equity growth in Asia Pacific.
Australian PE investment at ‘highest level for three years’
Private equity and venture capital firms contributed A$3.6 billion ($3.7 billion) of capital to Australian companies this year, representing the highest amount invested for three years.
Asia fundraising – more than just a renminbi story
The last few years have not been good for most Asian private equity fundraisers. The global financial crisis made the usual institutional investors shied away from the asset class, forcing funds already in the market to scale back their targets slightly.
Bain, TPG told to give Lilliput founder first refusal on shares
The Delhi High Court has forbidden Bain Capital and TPG Capital from selling their shares in Lilliput Kidswear without first offering them to Sanjeev Narula, the company’s founder.
KKR seeks $6b for second Asia buyout fund
KKR is targeting $6 billion for its second Asia buyout fund, coming as a host of global private equity firms prepare new regional vehicles.
Lilliput seeks out-of-court settlement with Bain, TPG
Lilliput Kidswear is seeking an out-of-court settlement with investors Bain Capital and TPG Capital, having taken legal action earlier this month to prevent the private equity firms from exiting the company in response to a corporate governance scandal.
EQT, TPG funds reflect Asia’s PE power
Asia's growing significance in the private equity world was further confirmed in two separate fundraising events last week. First in Europe, where EQT Partners announced that Asia Pacific LPs were responsible for nearly one quarter of total commitments...
Corporate Japan looks for growth overseas
Japanese companies need to take on the world. Local private equity professionals at the 2011 AVCJ Private Equity & Venture Forum Japan conference in Tokyo, which I am chairing, see globalization as the major current theme for corporate Japan. Indeed,...
Corporate Japan urged to look overseas – AVCJ Japan Forum
The need for Japanese companies to expand overseas into fast-growing Asian markets emerged as a key theme on the opening day of the AVCJ Japan Forum, which takes place today and tomorrow in Tokyo.
Accountants to be investigated over Lilliput allegations
India’s Ministry of Corporate Affairs is investigating the role of Ernst & Young (E&Y) and its member firms in the alleged accounting problems at Lilliput Kidswear. It wants to establish if there was any conflict of interest.
TPG targets up to $5b for Asia-focused fund
TPG Capital is reportedly raising the largest Asia-focused fund since the onset of the global economic crisis, targeting $4-5 billion.
PE players see India’s wind potential
Private equity investment in India's cleantech sector continues to rise. With two months remaining in 2011, $505.6 million has been committed in 13 deals, more than double the amount for the whole of last year. Investments are approaching the pre-crisis...
TPG’s Greenko to build Indian wind farms with GE
TPG portfolio company Greenko Group will build $115 million of wind farms in India alongside General Electric (GE). This represents GE’s first investment in India’s renewable energy sector.
Australian Tax Office sees TPG-Myer court ruling overturned
An Australian Federal Court has overturned an earlier ruling that allowed the Australian Tax Office (ATO) to serve legal documents to TPG Capital’s country head as part of its efforts to settle a A$739 million ($784 million) tax bill arising from the...
Fund formation: Singapore asserts its onshore qualities
Asia-focused private equity players from the likes of India and Australia are becoming fans of Singapore’s tax-efficient offshore structures
Telecom firms struggle to offload towers
India’s cellular towers are crucial in supporting its burgeoning mobile market, but when it comes to selling these assets, operators find that less may be more
Blackstone raises half its $781m RMB-denominated fund
Blackstone Group has reached the halfway point in fundraising for its RMB5 billion ($781.3 million) debut renminbi-denominated fund, said Michael Sotirhos, senior managing director at the buyout firm.
Updated: TPG’s Australia head moves to Singapore
TPG has relocated Ben Gray, head of its Australia operations, to Singapore from Melbourne. He has taken on the role of managing partner and group head for Australia, Japan, Korea and Southeast Asia. Stephen Peel remains the other managing partner for...
Investors in the dark on Indonesian bank ownership
Indonesia’s status as the most foreigner-friendly banking sector is under threat. One month after regulators announced plans to restrict overseas ownership, stakeholders are still waiting for a resolution
TPG, Farallon linked to GTL Infrastructure acquisition
TPG Capital and Farallon Capital are among the private equity investors interested in telecom tower business GTL Infrastructure. Sources told The Economic Times that a PE-led consortium of telecom player is the most likely buyer of the company, which...
Northstar closes in on fourth deal for $820m third fund
Northstar Pacific is poised to secure a fourth deal for Northstar Equity Partners III, which recently reached a final close of $820 million. The four transactions are expected to account for around 20% of the fund’s corpus, a source familiar with the...
CIC, KIC chairmen named to high-profile RDIF advisory board
The chairman of China Investment Corp. (CIC), Lou Jiwei, has been named to the international advisory board of the Russia Direct Investment Fund (RDIF). Choi Chong Suk, chairman of Korea Investment Corp. (KIC), will also serve on the board alongside Bader...
Ping An granted PE investment license
Ping An Insurance, China’s second-largest insurer, has been granted a regulatory license to raise private equity and real estate funds.