By Ardi Wirdana
Tan Huck Khim, a former Credit Suisse fund management executive, joined Fullerton in December as its Head of Private Equity.
In March last year, Blackstone had acquired 50 per cent stake in Indiabulls’ flagship office properties in central Mumbai for $730 million.
The establishment of the new fund brings the firm’s funds under management to RM4.1 billion ($990 million).
NZ Bus will be its fourth major investment in New Zealand following Hirepool, Healtheries and Nutra-Life.
Value creation, and not financial engineering, will deliver results for private equity in the Vietnamese market, according to Chris Freund, founder and partner at Mekong Capital.
The firm is currently investing in Asian food companies from its $700-million second Food Fund.
Vinhomes raised $1.35 billion in the country’s largest IPO that saw Singapore sovereign fund GIC become a shareholder.
Blackstone sent an arbitration notice following the logistics company’s failure to buy back the PE firm’s stake in a subsidiary company.
Huagai Capital targets investments in biomedicine, medical equipment and medical services.
The JV will primarily focus on student housing, co-living for working professionals and multi-family users.