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Affinity tests appetite for Asia private equity with $3.5 bln fund

Asia-focused private equity firm Affinity Equity Partners is seeking to raise as much as $3.5 billion in a new fund.


Australia's Rip Curl gets approaches, could fetch $500 mln

Australian surfwear company Rip Curl said it has received unsolicited approaches from several international companies.

General Atlantic invests $44 mln in Turkish online food firm

New York-based private equity firm General Atlantic LLC has invested $44 million for a minority stake in Turkey's yemeksepeti.com.

Winklevoss twins invest in social network company: report

The Winklevoss twins have invested in SumZero. The Winklevoss twins, best known for their legal battle against Mark Zuckerberg over the founding of Facebook Inc, have invested in SumZero, a social network company aimed at professional investors, The Wall Street Journal said on Sunday.


Latest News

Indian group Bharti Airtel's mobile phone tower unit has filed for an initial public offering. Indian group Bharti Airtel's mobile phone tower unit has filed for an initial public offering which sources said on Friday could raise nearly $1 billion in the country's biggest IPO in more than two years.
Several private equity firms including Bain Capital are considering a buyout offer for retailer Staples Inc.
Thai billionaire Charoen Sirivadhanabhakdi launched a $7.2 billion offer to buy out other shareholders of Fraser and Neave Ltd.
Equity International chief executive Gary Garrabrant has left the U.S. private equity firm. Equity International chief executive Gary Garrabrant has left the U.
E-commerce start-up Decide.com is launching a guarantee on Thursday. E-commerce start-up Decide. com is launching a guarantee on Thursday, claiming it will help online shoppers handle increasingly swift price swings known as dynamic pricing.
An investor in Tesla Motors Inc thinks it may be time for big competitors of the electric car maker to admit defeat on their electric models and focus on the next technological leap, perhaps flying cars.
China-based biotechnology firm 3SBio Inc (SSRX.O) said an investor group led by its chief executive Jing Lou has offered to take the company private.
The co-chief executive of Morgan Stanley's Asia operations said on Wednesday China IPO regulators should protect investors.
Private real estate investment company Starwood Capital Group is looking to sell a minority stake in the company.
The U.S. government cut its stake in American International Group Inc to about 21.5 percent on Monday.