Gillian Tan

Mark Wahlberg, FOD Capital back Australian fitness franchise F45

The deal for the closely-held company, which was founded in Sydney, Australia, in 2012, values it at roughly $450 million.


TPG fires McGlashan, allows investors to pull money from Rise fund

TPG is allowing investors in its second social impact fund to withdraw their commitments. The vehicle is still aiming to close this year with $3 billion.


Brookfield-Oaktree deal could spur M&A in alternatives industry

Alternative asset managers are under pressure to broaden their offerings as institutional investors seek to make big allocations to fewer firms.


New York’s Park Lane Hotel stake sold to Abu Dhabi fund as part of 1MDB recovery

The sale was made possible in November, after fugitive Malaysian financier Jho Low agreed to drop his claims to the property in a U.S. forfeiture lawsuit.


China’s HNA Group sells Manhattan Building to reduce debt burden

Bisnow reported earlier that real estate developer Jacob Chetrit and his sons bought the tower in a $422-million deal that resulted in a loss for HNA.


World Bank president Kim joining Global Infrastructure Partners

GIP focuses on projects in the energy, transport, water and waste industries and invests in developed and select emerging countries.


TriArtisan Capital in talks to buy Chinese restaurant chain P.F. Chang’s for $700m

P.F. Chang’s has about 220 restaurants in the U.S. and dozens more in Mexico, South Korea, the United Arab Emirates and elsewhere.


Blackstone, KKR eye Cosco’s $1b container terminal in the US

EQT Partners and an arm of Macquarie Group Ltd. are also said to be studying a deal for the asset.


Trinity White City-backed suitor plans overseas expansion for India’s Leela

The suitors have offered $350 million to take over the business and are seeking a 90 per cent stake.


Thailand’s Minor International said to mull $350m investment in India’s Leela

The proposed bid, which is also backed by investment firm Trinity White City Ventures, includes a mix of equity and debt.