Warburg Pincus Asia
IL&FS fully exits warehouse operator to Warburg Pincus
The Leverage India Fund (LIF), a private equity fund managed by IL&FS Investment Managers Limited with $153.5 million under management, has exited its five-year asset Continental Warehousing Corporation (Nhava Seva) Limited via a trade sale to Warburg...
Warburg Pincus exits Indian jeweler at a loss
Warburg Pincus has sold its 28.12% stake in Vaibbav Gems for INR18.million ($4.1 million) through an open market transaction, the US-based private equity firm confirmed, in an exit that comes at a significant loss to Warburg Pincus’ initial investment....
Warburg Pincus QuEST Global deal confirmed for bigger ticket size
Warburg Pincus has invested $75 million in Singapore-headquartered engineering outsourcing services firmm QuEST Global, higher than the $60 million originally forecast, according to a joint announcement.
Warburg Pincus makes PIPE investment in Mingfa Group
Warburg Pincus has entered into a share subscription agreement with Mingfa Group, an HKSE-listed major developer in Jiangsu and Fujian that focuses on large-scale projects in second and third-tier cities.
Warburg Pincus set to take stake in Quest Global, outbidding rival funds
Warburg Pincus is reportedly set to make a $60 million investment in aeroengineering and manufacturing consultancy Quest Global, coming one month after the PE industry’s biggest names entered the arena to take a stake in Quest.
Blackstone and Warburg Pincus-backed Kosmos Energy receives $5 billion bid from CNOOC
China National Offshore Oil Corp. (CNOOC), China’s third largest oil SOE, and Ghana National Petroleum Corp. have jointly bid in cash to acquire the Ghanaian assets of Kosmos Energy, whose Dallas-based parent is controlled by Warburg Pincus and the Blackstone...
Carlye, KKR, Warburg Pincus ready as India's Hero Honda deal restarts
US PE majors the Carlyle Group, Kohlberg Kravis & Roberts (KKR) and Warburg Pincus are in line to take a 15-18% stake apiece in India's Hero Honda Motors, coming as Japanese auto maker Honda nears its exit from the JV.
Warburg Pincus set to invest $50 million in liquid-storage firm IMC
Warburg Pincus is reportedly set to invest $50 million into major Indian liquid-storage provider IMC Ltd.
KKR, Bain, others vie for mid-cap investment in aero-focused Quest Global
Bain Capital, ChrysCapital, Kohlberg Kravis Roberts & Co., and Warburg Pincus are said to be competing to make an up-to $75 million investment in aeroengineering and manufacturing consultancy Quest Global - a unique scenario, as such global funds have...
Warburg Pincus seeks $113 million through Intime Department Store stake sale
Warburg Pincus is looking to raise up to $113 million through the sale of more than one-third of its remaining stake in Hong Kong-listed Intime Department Store Co.
Foods and agriculture – the next big theme?
A series of recent deals, such as the Carlyle Group’s $190 million investment in Singapore-listed industrial fishing company China Fishery Group, and the a $600 million pre-IPO investment led by Capital International and the Blackstone Group into Dili...
SAIF gets juice from Huiyuan
SAIF Partners has picked up a 22.98% stake in Chinese beverage company Huiyuan Juice Group from French food group Danone, purchasing the tranche for about $260 million, one year after the Chinese government foiled Coca-Cola Co.’s bid to acquire Huiyuan...
The dynamics of secondaries
The coverage of the state of the Asia Pacific secondaries market earlier this month in AVCJ naturally leads one to consideration of how secondaries work, and what they can do for investors in the region – whether for local buyers or sellers, or outsiders...
BofA secondaries may go to Asia
Bank of America Corp. is seeking to sell up to $1.2 billion of secondary positions in Warburg Pincus funds, with the China Investment Corporation (CIC) cited as one of the most likely buyers, according to reports.
"End of an era" for China
China's release of its official GDP growth figures for 2Q10 last week showed the economy heading for the soft landing sought by policymakers, with National Bureau of Statistics estimates citing 10.3% growth, down from 11.9% the previous quarter, and giving...
Carlyle to take 13.6% stake in China Fishery
Singapore-listed China Fishery Group – which began operations as a North Pacific trawling business in 2001 – has announced it will issue new ordinary shares and warrants in a conditional private placement to the Carlyle Group, for a total consideration...
ICICI exits Metropolis Healthcare after Warburg Pincus investment
ICICI Venture is to fully divest from India’s Metropolis Healthcare Ltd., following Warburg Pincus’s move to inject $85 million into the laboratories chain.
Consortium backs PRC housing needs
A consortium of investors including Warburg Pincus, CITIC Private Equity Funds Management,and Bohai Industrial Investment Fund Management, as well as private conglomerate Shanghai Fosun High Technology (Group), have made a joint investment of RMB2.6 billion...
Warburg, CITIC PE, Bohai, invest Tianjin DIY chain RedStar Macalline
A consortium of investors including Warburg Pincus, CITIC Private Equity Funds Management,and Bohai Industrial Investment Fund Management, as well as private conglomerate Shanghai Fosun High Technology (Group), have jointly invested RMB2.6 billion ($381...
Warburg Pincus's Gathani joins RBS
Viral Gathani, previously a principal with Warburg Pincus in Hong Kong, is joining RBS as Head of Energy and Resources, Asia.
Warburg Pincus may join ICICI Metropolis bidding
Warburg Pincus has become the latest private equity firm to join the bidding for the 20% stake in Metropolis Healthcare held by ICICI Venture, which has also attracted interest from Apax Partners and TA Associates.
PEP, CHAMP in Loscam second round?
CHAMP Private Equity and Pacific Equity Partners have been instanced as potential buyers in a second bidding round for the putative A$500-700 million ($460-640 million) sale of Affinity Equity Partners Australian investee Loscam.
Blackstone, Capital International make China agro play
In the latest large deal of a rapidly reviving investment environment, Capital International and the Blackstone Group have co-led a $600 million pre-IPO private placement of shares in Dili Group Holdings Co. Ltd., an operator of wholesale vegetable markets...
Blackstone, CapInt, Atlantis, WP put $600 million in China agro
The Blackstone Group, Capital International, hedge fund Atlantis Investment and Warburg Pincus have all reportedly participated in a $600 million pre-IPO investment into Dili Group Holdings, an agricultural markets operator in China, due to list shortly...