Asia

Private Equity market in Asia

The Buoyant Fundraising Market in Europe Continues

The Buoyant Fundraising Market in Europe Continues

The European fundraising market is looking strong and aggressive. Its latest beneficiary has been Star Capital Partners. The private equity group announced this week it has raised €800 million in the upbeat market. But as fundraising has heated up, suitable assets are becoming harder to come by – turning fund’s attention away from the region.   Star Capital breaks the [...]

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Asian Private Equity Market Facing Uncertainty

The private equity market in Asia-Pacific (APAC) has been growing steadily, but the ‘buy low, sell high’ era might be about to end. According to Bain & Company’s latest reporting on private equity performance in the region, the industry could be facing higher uncertainty and APAC would need to continue its resilient march to identify new sources of value to [...]

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IPOs Remain Strong Thanks to Private Equity

  The market turmoil over the summer has certainly received not just a number of big headlines, but also investors’ attention. The Chinese stock market suffered the deepest one-day drop of all times and the Dow Jones Industrial Average also plummeted by nearly as much as 1,000 points during the third quarter.   While the volatile market conditions have certainly [...]

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Private Equity Fundraising Remains Strong in Asia

  All the eyes are currently fixated in China, as Asia’s largest economy continues to show worrying signs. Private equity investors around the region and the rest of the world are also paying close attention to the problems, as well as the opportunities China’s current economic slowdown could present. While the country’s economy is troubling many investors, fundraising activity in [...]

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Private Equity Firm Grabs an Australian Copper Mine

  A joint venture, led by the private equity firm EMR Capital, has secured a deal to buy an Australian copper mine. EMR Capital is teaming up with Lighthouse Minerals in a deal worth $10.75 million. It is a relief for the mine and its owners Aditya Birla Minerals, which have struggled under the current slump in commodity prices.   [...]

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Everstone Capital Advisors Raises $730 Million with ...

  The Singapore-based private equity firm announced on Tuesday the closure of its third fund. Everstone Capital Advisors, which is the private equity arm of the Everstone Group, said it has raised $730 million with the fund, which aims to focus on investments in India and Southeast Asia.   The Fund   According to the official statement, the Everstone Capital [...]

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CHAMP Private Equity Makes a Six-Fold Return

Private equity firm CHAMP Private Equity can pop out the champagne, as the firm just recorded a near six-fold return from its investment. The firm made the profit on the sale of Accolade Wines share in Matthew Clark, UK’s biggest drinks distributor to pubs.   The Deal   Accolade Wines sold its 50% stake in Matthew Clark to Conviviality Retail. [...]

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Private Equity Firm MBK Set to Buy Tesco Unit for ...

  Tesco’s South Korean unit, Homeplus, has been on sale for months, but the winning bidder seems to be emerging from the crowds. Private equity firms have been interested in the business and it looks MBK Partners has come out on top.   Reports of a Deal   The Seoul-headquartered MBK Partners is reportedly the winner of the bidding war. [...]

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China’s JD Capital Buys Ageas’ Hong Kong Unit

  Chinese asset management company, JD Capital, has agreed to buy Ageas’ Hong Kong insurance unit. The Belgian insurance company announced the deal on Sunday, revealing the deal is worth $1.4 billion. Although China’s stock market has been in turmoil, the latest deal highlights the continued strong appetite for deals by Chinese companies.   The Deal   Ageas released a [...]

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Singapore-Based Private Equity Fund Closes Its New ...

  Private equity firm Lion Global Investors announced on Thursday that it had closed its latest fund. The private equity firm formed the fund together with the Singapore-headquartered OCBC Bank and after a rocky start had to upsize it. The hope is to use the new fund for investments in small and medium-sized companies in Asia.   The Fund   [...]

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Preqin: Investor Confidence on Alternatives Remains ...

  Preqin published its Alternative Asset Outlook for the second half of 2015 with interesting results. It is clear that investor confidence on alternative assets and their ability to provide strong returns remains strong, but there are some interesting differences when it comes to different asset classes.   Private equity looks to be gaining more interest in the second half [...]

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Private Equity Firms Race to the Finish Line with ...

  Monday marks the deadline for bids for the Tesco South Korean unit, Homeplus. The unit is valued at around $6 billion and a number of big private equity firms are reportedly finalising their bids to snatch the supermarket.   Forming Alliances   Reports on Sunday’s Korean newspapers suggest global private equity firms are creating alliances in order to win [...]

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Bridgepoint Looking to Boost Pret-a-Manger’s ...

  The British sandwich and coffee chain, Pret-a-Manger might be looking to list next year. The private equity owners of the chain are hoping to improve the company’s fortunes before listing and are even considering a US-listing, according to latest reports.   The Listing Rumours   Pret-a-Manger or Pret, as the company is nicknamed, is considering a 2016 initial public [...]

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Private Equity Firm EQT Closes Its Biggest Fund to ...

  Private equity firm EQT highlighted the increasing investor interest towards European funds, as it closed its seventh fund at record high. EQT managed to raise €6.75 billion with the new fund, which will focus on investing in Northern European businesses with a strong industrial approach.   The Fund   The fund is the Swedish firm’s seventh fund and the [...]

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Chinese Private Equity Firm to Buy US Chipmaker for ...

  Chinese private equity firms are causing waves in the private equity industry. One of the region’s biggest firms might be bidding for the US-based Micron Technology Company, with reports suggesting the firm has offered around $23 billion for the chipmaker. But will US authorities accept the deal?   Reporting on the Rumours   The rumours broke out when the [...]