private equity | FinanceAsia

Carlyle hires Anuj Poddar as Asia co-head GPS to improve portfolio performance

The newly created role for the former CEO of Bajaj Electricals is aimed at improving the PE firm's portfolio firms across India and Southeast Asia.

September 09, 2024

IHH Healthcare snaps up Malaysia's Island Hospital for $966m

PE firm Affinity Equity Partners has sold its 78% stake in the Penang-based private hospital, as medical tourism booms in Malaysia.

September 05, 2024

Blackstone and CPP Investments agree A$24bn AirTrunk acquisition

The deal for the Apac data centre firm, if completed, would be Blackstone’s largest investment in the region; Macquarie Asset Management and PSP Investments are among the sellers.

September 04, 2024

Platinum Equity buys controlling stake in Inventia Healthcare's OSD arm

The acquisition of the Mumbai-headquartered pharmaceutical business was led by Platinum Equity's Asia investment team in Singapore.

August 30, 2024

Round-up: EQT investment; HKEX results; BHP pivot; Canada's China tariffs; HKIC goes overseas

EQT invests in Australian tech education firm Compass; HKEX's H1 2024 results; iron ore slowdown sees BHP diversify; Canada to slap tariffs on Chinese EVs, steel and aluminium; HKIC invests in Thailand.

August 27, 2024

EQT Private Capital Asia agrees $1.1bn deal for PropertyGroup Guru; EQT buys Korean recycler, seeks $12.5bn fundraise

The deal is expected to close by the end of Q1 2025 with its shares to stop trading on the NYSE; majority shareholders TPG and KKR have approved the deal. EQT has also bought a Korean plastic recycler and is looking to raise $12.5bn for a fund.

August 19, 2024

EQT beats Asia mid-market growth fund target

The $1.6bn fundraise more than doubled the fund’s target size of $750m. The mid-market strategy will focus on the technology, services and healthcare sectors, prioritising India, SE Asia, Japan and Australia.

May 27, 2024

Carlyle closes ¥430bn Japan buyout fund

The global private equity firm's fifth Japanese buyout fund is targeting sectors including technology, media, telecoms, retail and healthcare, and is 70% larger than its previous fund.

May 22, 2024

KKR closes record $6.4 billion Apac infrastructure fund

The PE firm says the fund, which has already invested in telecommunications' towers in the Philippines and roads in India, is the largest ever Apac pan-regional infrastructure fundraise.

February 01, 2024