TPG Capital
TPG acquires China hotel assets
TPG Capital, along with Chinese hotel manager China Lodging Group, has acquired two Beijing hotels for RMB1.2 billion ($186 million).
Technology: The unavoidable angle
Technology is directly or indirectly redefining business models across Asia. Private equity investors must embrace change or risk seeing returns damaged as portfolio companies are disrupted
TPG Growth closes fourth fund at $3.7b
TPG Capital has closed its fourth global middle market and growth equity fund at the hard cap of $3.7 billion after four months in the market.
PE-owned Global A&T Electronics files for bankruptcy
Global A&T Electronics, a Singapore-headquartered provider of assembly and test services for semiconductor chips that is controlled by Affinity Equity Partners and TPG Capital, has filed for bankruptcy in the US.
Timing, sector selection critical to success in Asia deals - AVCJ Forum
Private equity firms are seeing more deal flow across Asia, but in a climate of high valuations investors must pick the right markets at the right time, and be creative in sourcing opportunities.
TPG invests in Korean vinyl tile producer
TPG Capital has agreed to take a significant minority stake in Nox Group, a Korea-based manufacturer of luxury flooring materials. The size of the investment was not disclosed.
Q&A: Brooklands Capital Strategies' Dan Carroll
Dan Carroll, a founding partner at Brooklands Capital Strategies, cut his teeth with H&Q Asia Pacific and then helped build Newbridge Capital. He told AVCJ how private equity forced its way into the mainstream
TPG exits Myanmar Distillery
TPG Capital has sold its stake in Myanmar Distillery Company (MDC), the producer of Grand Royal Whisky, as a Thailand-based strategic acquired a majority interest in the business.
Ex-TPG Asia head Ben Gray launches debut fund
BGH Capital, the Australia and New Zealand-focused private equity firm set up by Ben Gray (pictured), formerly co-head of TPG Capital in Asia, has launched its debut fund with a target of A$2 billion ($1.6 billion).
TPG leads $161m round for India's Janalakshmi
TPG Capital has led a INR10.3 billion ($161 million) funding round for Indian microfinance lender Janalakshmi Financial Services.
TPG hires Chang Sun as China head
TPG Capital has appointed Chang Sun, who spent 20 years at Warburg Pincus in China before setting up agriculture-focused PE firm Black Soil, as its managing partner for China.
TPG acquires Taiwan healthcare player
TPG Capital has acquired a controlling stake in Taiwan’s OPC Holding, a contract research organization that offers clinical trial services across a number of medical fields.
TPG invests Indian shoe company
TPG Growth - the middle market investment platform of TPG Capital - has joined QRG Enterprises, the family office of India’s Havellis Group in backing local shoe supplier Campus Activewear.
PE investors drop bids for Australia’s Fairfax
Hellman & Friedman, along with a consortium led by TPG Capital and including Ontario Teachers’ Pension Plan (OTPP), have withdrawn their bids to acquire Australia’s Fairfax Media.
TPG leads $437 million investment in Kakao's ride-hailing business
A TPG Capital-led consortium has agreed to invest KRW500 billion ($437.5 million) in a transportation-focused spin-out of South Korean internet services company Kakao Corp.
Private equity and data centers: Get connected
With demand for outsourced data center services poised to take off in Asia, private equity investors are looking for ways to participate in the growth story
Everbright-IDG joins Series C for Chinese electric car maker
Everbright-IDG Industrial Fund has invested an undisclosed sum in China-based smart electric car maker Nio - formerly known as NextEV - as part of a Series C round that is still in the process of being raised.
Global PE firms bullish on Vietnam - AVCJ Forum
Global and regional private equity firms are increasingly turning their attentions to Vietnam, reassured by the country’s relative economic stability and impressed by the rising number of investable companies.
Hellman & Friedman submits $2.1b offer for Australia's Fairfax
Hellman & Friedman has submitted a buyout offer for Australia’s Fairfax Media that values the business as high as A$2.9 billion ($2.1 billion).
TPG, OTPP return with full buyout offer for Australia's Fairfax
TPG Capital and Ontario Teachers’ Pension Plan (OTTP) have revised their bid for Australia’s Fairfax Media to a full buyout that values the business at approximately A$2.75 billion ($2 billion).
Deal focus: Proterra milks India’s dairy industry
Proterra Investment Partners has more than doubled its money on Dodla Dairy following a four-year holding period in which the company boosted production of quality milk to meet growing demand from Indian consumers
TPG, OTPP pursue carve-up of Australia's Fairfax Media
TPG Capital and Ontario Teachers’ Pension Plan (OTTP) have submitted a buyout offer for Fairfax Media that would see them assume control of certain assets – including newspapers The Sydney Morning Herald, The Age and The Australian Financial Review...
TPG to invest $50m in India's Dodla Dairy, Proterra to exit
TPG Capital’s growth investment arm has agreed to pay $50 million for a significant minority stake in Indian dairy firm Dodla Dairy. AVCJ understands the deal will provide a full exit for Proterra Investment Partners.
TPG buys majority stake in Vietnam school, Mekong exits
TPG Capital has agreed to acquire a controlling position in Vietnam Australia International School (VAS), facilitating an exit for existing backers Mekong Capital and Denmark-based MAJ Invest.