TPG Capital
TPG invests in India's Sai, Tata Capital exits
TPG Capital has acquired a significant minority stake in Indian drug developer and manufacturer Sai Life Sciences, providing a full exit for Tata Capital Growth Fund.
TPG, ADIA back acquisition of agrochemicals producer Arysta
TPG Capital and Abu Dhabi Investment Authority (ADIA) have teamed up with India-listed UPL Corporation on a $4.2 billion acquisition of Arysta LifeScience, an agricultural chemicals manufacturer that originated in Japan.
TPG leads $100m Series D for India’s Bigtree
TPG Capital has led a $100 million Series D funding round for Bigtree Entertainment, an India-based ticketing services company best known for its aggregator service BookMyShow.
India's Fortis rejects TPG-backed buyout bid
Indian healthcare service provider Fortis Healthcare (FHL) has chosen IHH Healthcare as the buyer for its hospital operation, ending a protracted bidding process and rejecting a INR32 billion ($472 million) offer from TPG Capital and its portfolio company...
TPG leads $60m Series C for China's Moretickets
TPG Capital has led a $60 million Series C funding round for Moretickets, a Chinese events ticketing platform operator.
Temasek to invest $50m in TPG's Asia healthcare platform
Asia Healthcare Holdings (AHH), a healthcare-focused operating and investment platform managed by TPG Growth, has raised $50 million from Singapore’s Temasek Holdings.
PE-backed Cushman & Wakefield prepares for US listing
A global commercial property services provider that TPG Capital and PAG Asia Capital created through the merger of Australia’s DTZ with US-based Cassidy Turley and Cushman & Wakefield, has filed for a US IPO.
PE-backed VCredit raises $152m in HK IPO
VCredit, a Chinese online consumer finance platform with private equity backers including TPG Growth, has raised HK$1.2 billion ($152 million) in its Hong Kong IPO.
TPG buys stake in Asia secondaries specialist NewQuest
TPG Capital has agreed to take a minority stake in Asia-focused NewQuest Capital Partners, with a view to helping the secondaries specialist scale up its platform and address a wider variety of opportunities in an expanding yet underpenetrated market.
India's Fortis reopens bidding for hospital business
Indian healthcare service provider Fortis Healthcare (FHL) has reopened bidding for its hospital operation and invited offers from several potential investors, including TPG Capital-backed Manipal Hospital Enterprises (MHEPL).
Kedaara, Partners Group to buy India's Vishal Mega Mart
Kedaara Capital and Partners Group have agreed to acquire Indian retailer Vishal Mega Mart for an undisclosed sum from TPG Capital.
Manipal, TPG improve offer for India's Fortis Healthcare
Manipal Hospital Enterprises (MHEPL), an Indian hospital chain backed by TPG Capital, has submitted a revised buyout offer for Fortis Healthcare's (FHL) hospital operation that values the business at about INR83.5 billion ($1.2 billion).
PE-backed STX Entertainment files for Hong Kong IPO
STX Entertainment, a film and TV studio that claims to bridge the US and Chinese markets, has filed for an IPO in Hong Kong. The company’s investors include Hony Capital and TPG Capital’s growth arm.
TPG, Carlyle lead $1.9b round for Baidu's financial services unit
TPG Capital and The Carlyle Group have led a $1.9 billion funding round for Chinese search giant Baidu’s financial services unit, which is being spun out as Du Xiao Man.
Deal focus: Opportunities at the end
TR Capital takes secondary stakes in Indian eyewear chain Lenskart and microfinance specialist Arohan Financial Services
Q&A: PropertyGuru's Steve Melhuish
In 11 years, PropertyGuru has evolved from a Singapore start-up into the leading online real estate listings platform in five Southeast Asian markets. Co-founder Steve Melhuish reviews the ups and downs
India's Fortis weighs competing buyout offers
Indian healthcare service provider Fortis Healthcare (FHL) has formed a panel to evaluate several competing investment offers, including bids of INR61 billion ($933 million) from TPG Capital-backed Manipal Hospital Enterprises (MHEPL) and INR101 billion...
TPG hires Blackstone executive in Australia
TPG Capital has hired Malcolm Jackson, who currently works for The Blackstone Group in Singapore, as a managing director in its Australia and New Zealand team.
TPG, Manipal sweeten deal for Fortis' India hospital business
Manipal Hospital Enterprises (MHEPL), an Indian hospital chain backed by TPG Capital, has submitted a revised buyout offer of INR61 billion ($933 million) for the hospital business of domestic rival Fortis Healthcare (FHL).
TPG, CX exit India's Healthium to Apax
Apax Partners has acquired Indian medical devices supplier Healthium Medtech, facilitating exits for TPG Growth and CX Partners.
China’s Meituan-Dianping acquires PE-backed Mobike
Meituan-Dianping, China’s largest online-to-offline (O2O) local services platform, has agreed to buy full control of bike-sharing company Mobike. Both companies are backed by Tencent Holdings and have received substantial private equity funding.
Impact investment: A new breed
Global GPs have the potential to draw fresh sources of capital to Asia's impact investment funds
Impact agenda: Attracting institutional capital
Global PE firms are launching impact funds tailored to appeal to institutional investors that have so far largely ignored the space. There will be growing pains, but the benefits should be wide-ranging
TPG secures partial exit from Australian poultry player
TPG Capital has made a partial exit from Inghams Group, the Australian poultry producer it acquired in 2013 and took public in November 2016.