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
Loan losses will keep rising as governments stop propping up borrowers and the economic devastation becomes clear
A spokesperson for Wirecard said it expects job losses among its 80 UK staff
Sequoia Capital Equity Partners fund starts with initial capital of more than $300m from investors
Chinese local government financing vehicle (LGFV) Linyi City Construction Investment Group Co raised $300m from its inaugural transaction against a weaker market backdrop.
Advent International is to commit CHF 415m in a rights offering to be issued by listed Switzerland-headquartered travel retailer Dufry to existing shareholders.
The US-based private equity firm has committed to buy shares worth up to CHF415 million at CHF28.50 each
China Renaissance Holdings has raised more than $600m for the final close of its Huaxing Growth Capital USD Fund III.
Danish drone startup QuadSAT has raised €2m in a pre-series-A investment round led by space-technology investor Seraphim Capital.
Levine Leichtman Capital Partners has named Tannaz Chapman as its newest managing director among a string of promotions at the firm.
Visma – a Norway-based cloud software company backed by Hg, Warburg Pincus and TPG, among others – has acquired Dutch accounting software company Cash Software.
European alternatives funds have reached €2tn of assets under management for the first time despite a dampening of activity amid the coronavirus pandemic.
Swedish private equity firm EQT has acquired Spanish online property marketplace Idealista from Apax Partners for €1.3bn.
