Drew Wilson
The Shanghai-based firm will pay $50m for Yonghong, a supplier of processed beef products, at a time when China’s food industry is mistrusted due to food safety scares.
CVC intends to launch a $3bn Asia fund to target the region excluding Australia, according to a source with direct knowledge of the matter.
A mismatch in supply and demand has created big opportunities for credit and distressed lending in Asia, delegates heard at the PEI Global Alternatives Investment Forum in Tokyo.
Communicating with Japanese LPs requires an understanding of Japan’s unique business culture, delegates heard at the PEI Global Alternatives Investment Forum in Tokyo.
The ASEAN region will require $1 trillion in infrastructure funding over the next seven years, delegates heard at the PEI Global Alternatives Investment Forum in Tokyo.
Since 2011, the pan-regional firm has realised $800m, added 20 professionals and built an in-house team for operational value-added work, according to Jean Eric Salata, founding partner.
The preference of pension funds for income-generating investments, as well as some cultural differences, shape their allocations to private equity.
The special situations and turnaround-focused firm has closed its second fund less than six months after launch.
The Indonesian private equity firm intends to float shares in a separate investment holding company on the Jakarta stock exchange.
LPs have long been cool on Japan funds, but more realistic fund sizes and smaller niche deals are starting to bring them back to the table.