Siddharth Poddar
The Korea Development Bank is reportedly close to setting up a W1trn corporate restructuring fund for ailing Korean companies. The bank is expected to enlist the help of private equity funds to raise capital.
The two Indian firms are teaming up to manage a private equity fund focused on India's healthcare and education sectors. The fund is targeting commitments of INR6bn.
The New York-based pension fund is opening its first Asian office in Hong Kong and has hired Eric Mason, who was formerly at The Carlyle Group.
The first quarter of this year saw the amount invested by private equity firms in the sub-continent plummet 87% year on year to just $526m.
The first quarter of this year saw the amount invested by private equity firms in the sub-continent plummet 87% year on year to just $526m.
Merrill Lynch Global Private Equity has shut down its Tokyo office four years after setting up there. The firm has not closed a deal in Japan.
A drastic drop in year-on-year deal value is 'less a judgement on private equity as an investment class but instead reflects events beyond our control', according to the New Zealand Private Equity & Venture Capital Association.
The turnaround firm is reportedly the only private equity group still eyeing India’s Satyam Computer Services.
The India-focused mezzanine firm has acquired minority stakes in an IT provider and chemical maker as it raises $125m for its debut fund.
The three private equity firms are likely to to make it to the second round of bidding for the South Korean brewery.