Yvette Choo
Allan Moss will advise the Sydney-based special situations private equity firm.
The US private equity giant has officially launched its first RMB fund and signed an agreement with the state-backed Shanghai Lujiazui Financial Development Company.
The firms will also develop infrastructure projects in the power, water and transportation logistics sectors in Jordan and Kazakhstan.
The private equity majors and sovereign wealth fund are reportedly among the first round bidders for AXA’s majority stake in Taikang Life, which is valued at $1.05bn.
The Australian sovereign wealth fund's exposure to private equity grew 520% year-over-year.
At least $300m has been pledged so far toward the MENA- and East African-focused funds, details about which are expected to emerge in coming months.
The London Stock Exchange-listed Impax Asian Environmental Markets will invest in listed companies with operations in Asia.
Australian firms Goldman Sachs JBWere Private Equity and Quadrant Private Equity become the latest to seek an exit through the stock market. The outdoor and travel clothing and equipment company plans a dual listing in Australia and New Zealand.
The Indian power developer’s maiden initial public offering met with strong response from institutional investors.
Man Infraconstruction hopes to raise INR1.5bn through the new share offer, which will dilute the stakes held by Standard Chartered Private Equity and Sabre Abraaj.