Asian Buyout Firm TR Capital Raises $350 Million for Fourth Fund
Asian secondary private equity firm TR Capital has raised $350 million for its fourth fund amid increasing investment opportunities in the region, particularly in China. The TR Capital Fund IV was significantly oversubscribed and has attracted sovereign and pension funds as well as family offices and other asset managers across Asia, Europe and North America, […]
EQT takes next step in its Asia-Pacific strategy – opens office in Japan
In line with EQT AB’s strategic roadmap outlined at the IPO in 2019, growing in the Asia-Pacific region is a key focus area. As the next step on that strategy, EQT has announced the establishment of a local EQT Partners office in Japan. The first EQT investment advisory team to establish in Japan is the […]
LVMH-Backed L Catterton Plans to Raise $250 Million in Asia SPAC
Private equity firm co-founded by LVMH joins blank-check push. Singapore SPAC will target consumer technology firms in Asia. L Catterton, the $20 billion private equity firm co-founded by LVMH, has lodged confidential filings to launch a special purpose acquisition company that aims to raise about $250 million for targets in Asia, according to people familiar […]
Carlyle raises offer to buy Japan Asia Group to $463 million, tops planned bid by activist fund
Carlyle Group said it would increase its offer for energy and environment services firm Japan Asia Group (JAG) to 48 billion yen ($462.52 million), doubling the per share element and topping the value of a bid an activist fund has said it’s lining up. The global fund, in conjunction with JAG’s Chairman and Chief Executive […]
Neuberger Arm Commits $320 Million to Asia Capital Real Estate
Almanac Realty invests in property owners and operators. ACRE makes targeted workforce housing debt, equity bets. Almanac Realty Investors, an arm of Neuberger Berman, has committed $320 million to Asia Capital Real Estate, a private equity firm focused on workforce housing. The investment, led by Almanac managing director Justin Hakimian, is set to anchor ACRE […]
Baring Private Equity Asia backed TELUS International files for IPO on NYSE and TSX
TELUS International (Cda) Inc. has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (SEC) and will file a preliminary base PREP prospectus with Canadian securities regulators for a proposed initial public offering (IPO). The proposed IPO is expected to consist of subordinate voting shares offered by TELUS International from […]
Crossinvest (Asia)’s New Owner Already In Growth Mode
This news service talks to the former EFG Bank senior figure who has bought Crossinvest (Asia), one of a clutch of independent wealth management houses in Southeast Asia, based in Singapore. Growth is very much on the mind of Cem A Azak who, in October 2020 bought a majority stake in Crossinvest (Asia), the Singapore-based […]
