TPG Growth, Creador, Japanese fund in running to buy Malaysia’s Jaya Grocer for $21m

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PE firms TPG Growth, Creador, Navis Capital Partners, Abraaj Group, and a Singapore-based Japanese fund, have all joined the race to acquire a 49% stake Malaysian supermarket chain Jaya Grocer.

China: CIC-led consortium looking to buy $8b Yum unit ; Singapore’s Temasek, PE firm Primavera also in fray

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A majority purchase by the CIC consortium would give a domestic entity control of a leading fast-food chain in the Chinese market for the first time. The investor group, which also includes KKR & Co. and Baring Private Equity Asia, is conducting due diligence on the unit.Singapore state investment fund Temasek Holdings Pte and Chinese private equity firm Primavera Capital Ltd . are separately vying for stakes in Yum China


Australia’s CHAMP Ventures postpones launch of eighth fund by 6 months

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  Australia-based private equity firm, CHAMP Ventures has postponed the launch of its eighth fund by six months, according to a report by AVCJ. The GP had closed its previous fund in 2012, having raised A$475 million ($360 million), which exceeded its target of A$450 million. It was expected to return to market… Read more »


Carlyle steps up Japan deal pace as governance reform kicks in

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Carlyle has invested half of the $1 billion in its third fund after buying six Japanese companies since it started investing in 2014


PE investors CMC Capital, FountainVest partially exit IMAX China

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CMC and FountainVest remain strategic investors in IMAX China, and CMC will continue to partner with IMAX China in the previously-announced IMAX China Film Fund.


StanChart unit picks 19.5% stake in Chinese data centre developer Chayora

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The StanChart unit will provide equity funding for key Chayora’s data centre development projects in the Tianjin and Hangzhou campuses.


Advent raises $13b private equity fund even as managers struggle to spend

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The latest fund will pursue the same strategy as its predecessor funds, investing in buyouts, recapitalizations and growth equity transactions, primarily in Europe and North America and selectively in other regions such as Asia and Latin America.


L Capital Asia will not commit more funds to Indian portfolio

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L Catterton, the combined entity after the L Capital-Catterton merger, will also look at categories like packaged consumer goods, fast food and consumer services.


Marble Ridge Capital launches with inital $30m, backing from Coleman Andrews

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Former Paulson & Co partner Dan Kamensky has secured backing from a Bain Capital co-founder and others for his new hedge fund, Marble Ridge Capital. Focusing on distressed assets, Kamensky plans to hire hedge fund marketer Bill Casey, currently the managing director of investor relations at King Street Capital Management, to promote it. This follows Kamensky – who… Read more »


Creador to scout Malaysian deals with $250m over four years

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“We want to make some big bets. Now is the time to invest, when everyone is nervous.” – Brahmal Vasudevan.