Hsiang-Ching Tseng
Joe Sovran, a former partner at Swiss fund of funds Capvent, will helm fundraising for Tata private equity funds as the firm aims to collect $1bn by December.
Chinese insurers are reportedly gaining approval not just to invest in private equity funds, but also to raise them.
The emerging markets-focused firm has set sights on the growth potential of Jordan’s payment market.
Southeast Asia- and China-focused Lombard Investments has been actively exiting many of its Thai portfolio companies. PEI recently caught up with managing director Pote Videt to get his take on Thailand’s private equity landscape.
G Capital, the private equity subsidiary of Gulf Finance House, has acquired Turkey’s Adabank in a deal worth $75m.
IK has made its fourth investment this year, acquiring a majority stake in engineering group Doedijns International, a transaction which takes its last fund past the two thirds deployed mark.
In addition to the appointment of former Goldman Sachs banker Alan Chen (pictured) as head of China, the firm also named former Alix Partners director Christian Paul as portfolio director.
Bo Shi (pictured) will lead the European firm’s operations in China, where it is looking for M&A and outbound investment opportunities.
The Chinese sovereign wealth fund, which has deployed all of its investable capital received to date, recorded an overall return of 11.7%.
The US firm has made its first investment in Australia, backing Victoria-based fruit and vegetables producer The Costa Group.