Sharon Lim

Pacific Equity Partners, an Australian private equity firm, has taken onboard a former Bain consultant as a director, after hiring an ex-Coles executive.

CLSA Capital Partners, part of CLSA, a brokerage and investment bank headquartered in Hong Kong, has launched a hybrid fund that focuses on clean energy.

Vestar Capital Partners, a US private equity firm, has established a Japanese affiliate, which will be headed by Daiwsuke Saji, formerly a senior executive of Daiwa Securities.

Clearwater Capital Partners, a US special situation fund manager with offices in Asia, is part of a consortium that has concluded a $402 million buyout of Asia Netcom.

Coles Myer, a listed Australian retailer has referred to the proposed takeover offer received from a consortium of private equity firms as “highly conditional.”

Warburg Pincus has been identified as one among several investors in talks to buy a stake in Beijing Wangfujing Department Store group in a transaction that could reach $188 million.

The private equity arm of Standard Chartered has invested $33 million in an auto component market based in India.

China’s Ministry of Commerce will be the last hurdle for a Goldman Sachs-led consortium acquiring Shineway Group, a Chinese meat processor, to overcome.

Shares in retailer Coles Myer have soared after a $12bn approach from KKR, Carlyle, CVC Asia Pacific, TPG Newbridge and Goldman Sachs.

CDC has boosted its commitments in India by $104 million and invested in three private equity funds since March.