Baring Private Equity Asia seals Virtusa take-private at about $2bn valuation
Baring Private Equity Asia has agreed a buyout of digital engineering and IT specialist Virtusa in a deal which values the business at about $2bn.
Baring Private Equity Asia has agreed a buyout of digital engineering and IT specialist Virtusa in a deal which values the business at about $2bn.
With June valuations now out and expectations of a distressed wave having failed to materialise, secondary market activity is finally showing signs of picking up. Denise Ko Genovese catches up with Rede Partenrs' Adam Turtle
Chicago-based private equity house ParkerGale has bought a majority stake in workload automation software business SMA Technologies.
Eurazeo's growth buyout investment division has snapped up former Searchlight Capital partner Eric Sondag as managing director in its New York office.
China Resources Mixc Lifestyle Services has begun testing investor appetite for its Hong Kong listing, which could raise around $1bn, said a source close to the deal.
Antengene Corp, a clinical stage biopharmaceutical company, has set its Hong Kong listing in motion. It has opened bookbuilding for an up to HK$2.79bn ($359.4m) IPO.
In this round-up, China’s financial system gives up Rmb1.25tr ($190bn) in profits to support the real economy, the central bank releases its annual financial stability report, and the country’s foreign exchange reserves by the end
Laxman Pai, Opalesque Asia: Investment bank China Renaissance Capital&`s private equity fund "Huaxing New Economy Fund" officially announced that it has raised $600 million in the final closing of its USD F...Article Link
Laxman Pai, Opalesque Asia: Asset management giant Neuberger Berman has raised more than $300m for the final close of the first NB Specialty Finance Fund. Neuberger Berman Specialty Finance (NBSF), an alternative credit ...Article Link
Laxman Pai, Opalesque Asia: Through the application of Internet of Things (IoT) technologies, private capital is delivering smart homes, factories, and cities in APAC, changing the way people live, work, and play, said P...Article Link
Wartchow heads to Pemberton — Barclays names permanent equities heads — Bonilla joins Kartesia
The Republic of Korea wowed investors in the dollar and euro markets on Wednesday, with a record $1.45bn-equivalent dual-tranche bond. The deal, split between 10 year dollar and five year euro notes, was priced at
The Indonesian government’s move to shut down a committee exclusively focused on approving offshore loans from borrowers is getting its first test, as Pertamina lines up a $3bn deal for the acquisition of energy assets.
AIA Group has issued a $1.75bn subordinated bond, which will be the first to qualify as tier two capital under a new regulatory framework in the works in Hong Kong. Alice Huang reports.
Hong Kong-listed ESR Cayman pulled off its first convertible bond this week, signalling an increasing flow of deals to come to the Asian equity-linked market. The company took advantage of its surging stock price and
It can occasionally be tempting for a young banker to pull a sickie to spend a day with friends. But sick days are best spent under the cover of darkness — not in the searing
Stellex Capital Management has closed Stellex Capital Partners II LP with total commitments of more than $1.77 billion and exceeding the fund’s original $1.25 billion target. Stellex closed its debut fund in July 2017 with
Berkshire Partners has partnered with food executive Javier Vélez-Bautista to form El Dorado Foods. Mr. Vélez-Bautista now becomes the CEO of El Dorado and the new platform will be active acquiring Latin-inspired food and beverage
Benford Capital Partners has held a final closing of its inaugural private equity investment fund, Benford Capital Partners Fund I LP. The new fund closed with total limited partner commitments of $130 million, markedly above
AUA Private Equity has acquired the Rhode Island Textile Company, dba Westminster Pet Products, a developer and marketer of pet treats, chews, and supplies. Westminster’s private label and branded products, sold under the RUFFIN’ IT
