TPG Capital
PE funds to battle for Japanese sweetner specialist
South Korean conglomerate CJ Group and Japanese PE fund Unison Capital are believed to be part of a consortium pursuing sweetener manufacturer Hayashibara, also of Japan.
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...
CICC set to make RMB1.5b first close on new fund
China International Capital Corporation (CICC), the country’s largest investment bank, is set to announce the RMB1.5 billion ($231.5 million) first close of its new renminbi-denominated fund this week, a source close to the process confirmed to AVCJ....
TPG, Warburg Pincus consider $100m investment in Vasan
TPG and Warburg Pincus are in talks with India’s Vasan Healthcare over a potential $100 million investment that would be structured as a combination of primary and secondary transactions, the Business Standard reported. A spokesperson for Vasan Group...
TPG hires Goldman PE veteran as MD
TPG Capital has reportedly hired Steve Sun, Managing Director of Goldman Sachs, as a China Partner, global media reports.
TPG and CNinsure CEO makes MBO bid
TPG CAPITAL WILL PARTNER WITH THE CEO of CNinsure in an effort to takeover the NASDAQ-listed Chinese insurance intermediary, which is party owned by local fund CDH Holdings. The private equity firm and Yinan Hu has offered a bid that represent a 44% premium...
History shows that PE is set to benefit from China’s spend
Fears that the value of the US dollar will continue its downward spiral have prompted central banks across Asia to look at alternative investment routes to hedge their exposure to assets related to the currency. For China, with approximately $3 trillion...
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...
China Development Bank applies for stake in TPG
Government-owned China Development Bank (CDB) is reportedly seeking permission to purchase a stake in TPG Capital, coming one month after TPG sold a 4.5% stake to the Government of Singapore Investment Group (GIC) and the Kuwait Investment Authority (KIA).
TPG’s Shriram Transport stake said to attract interest from Orix
Japanese financial services group Orix Corp. is the latest player to have reportedly set its sites on TPG’s share in Shriram Transport Finance Co. (STFC), touted as India’s largest commercial vehicle lender, in a sale that could bring in more than...
Toshiba beats PE to acquire Landis+Gyr
Japanese electronics giant Toshiba Corporation is set to wholly acquire utility meter-reading developer Landis+Gyr AG from Australian investment firm Bayard Capital for $2.3 billion, out-bidding private equity suitors TPG and EQT Partners.
PE-backed Witchery to IPO in Oz
Australia’s Gresham's Private Equity is reportedly looking to list its mid-market clothing retail asset Witchery later this year in an effort to raise A$300 million. The move comes in a market where other PE-backed IPOs of Australian companies have...
TPG and CNinsure’s CEO aim to take full control of the company
Leading private equity firm TPG will team up with Yinan Hu, CEO of Chinese insurance intermediary, CNinsure, to take over the Nasdaq-listed company. The partnership has made proposal to acquire the shares of CNinsure that TPG and Hu did not owns.
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
TPG hunts Asia Chairman - report
Buyout major TPG is reportedly looking for a new Asia Chairman able to help the firm compete in China.
Korean consumer lender A&P wins Takefuji
The ongoing bidding process for collapsed Japanese consumer lender Takefuji has officially ended with Korean industry peer A&P Financial besting rival suitors to acquire the debt-burdened asset.
TPG to invest $150m in solar energy firm
TPG Capital may invest up to HK$1.2 billion ($150 million) for an approximate 21% stake in solar wafer manufacturer Comtec Solar Systems Group, marking the PE firm’s first foray into China’s solar-energy segment.
J-Trust drops from Takefuji bid, A&P new leader
In a surprise twist in the long-awaited sale of distressed Japanese consumer lender Takefuji Corp., leading suitor, Goldman Sachs-backed J-Trust, has dropped out of the bidding process, making way for Korean lender A&P Financial Co. to assume the top...
TPG, Japanese PE majors vie for sweet acquisition
Advantage Partners, J-Will Partners and US buyout giant TPG have emerged as potential bidders for Hayashibara, a Japanese sweetener manufacturer.
Temasek eyes TPG's stake in Shriram Transport - reports
Singaporean sovereign wealth fund Temasek Holdings is reportedly in negotiations with US buyout firm TPG Capital to purchase a stake in Shriram Transport Finance Co. (STFC), touted as India’s largest commercial vehicle lender. According to India’s...
TPG sells minority stake to Singapore, Kuwait SWFs
US-based buyout major TPG has reportedly sold a 4.5% stake in itself to sovereign wealth funds the Kuwait Investment Authority and the Government of Singapore Investment Corporation (GIC). The raised capital is said to be used for TPG’s own expansion,...
Commitment to markets
The commitment by private equity firms to a particular country market was the subject of a recent conversation with a prominent financial adviser. The Taiwan-based adviser claims that private equity firms are having problems making deals in Taiwan because...
Providence's Sean Tong to join Mary Ma at new fund - reports
Managing Director and co-head of Providence Equity Partners in Hong Kong, Sean Tong, is reportedly set to depart the PE firm to join Boyu Capital, the startup fund of former TPG Managing Director Mary Ma announced last month.