KKR has reached a first close of $3 billion for its $6 billion Asian fund. KKR & Co LP is setting up its first deals team in Singapore as the U. S.
Regions
Analysis: India poised to revive retail reform plan
Indan government quietly began preparing the ground for a new push to open up India's $450 billion retail sector to foreign firms.
MPS to sell Biverbanca stake for 200 mln euros - sources
Italy's third-biggest lender, Banca Monte dei Paschi di Siena, has reached a deal to sell its 60 percent stake in a small unit for around 200 million euros.
Arla ties up with China's Biostime for infant formula products
European dairy firm Arla Foods Amba has tied up with China's baby food maker Biostime International to invest in adding production capacity for infant formula products.
Carlyle in talks to refinance $1.9 billion Coates Hire debt: sources
Private equity fund Carlyle Group (CG.O) is in talks with banks to refinance A$1.9 billion ($1.9 billion) in loans used to buy out Australian equipment hire company Coates Hire Ltd.
Latest News
A Hong Kong investor will plough about 480 million pounds ($751 million) into a development in east London's Greenwich peninsula to take a majority stake in the 150-acre scheme.
News and developments in Asia private equity from Reuters News for the week ending June 15. News and developments in Asia private equity from Reuters News for the week ending June 15.
British buyout group Melrose Plc is in talks to buy German utility-meter maker Elster Group SE in a deal worth $2.3 billion.
China's National Social Security Fund (NSSF) saw its annual investment return tumble to 0.8 percent last year, from 4.2 percent in 2010.
Sovereign wealth fund Kuwait Investment Authority (KIA), money manager BlackRock Inc (BLK.N), and twenty other cornerstone investors will buy around 62 percent of Malaysian firm IHH Healthcare's up-to-$2 billion IPO.
EU antitrust regulators are expected to set out their objections to Universal Music Group's $1.9 billion bid for rival EMI's recorded music unit in the coming days.
Starved of finance from hard-pressed banks, private equity firms in Europe are sounding out yield-hungry pension funds, insurers and sovereign wealth funds as alternative sources of the finance they need to do deals.
The Islamic Development Bank (IDB) is partnering with Dutch asset manager Robeco to launch a $600 million food and agriculture fund to invest in projects that promote steady food supply.
China's insurance regulator is expected soon to announce policies expanding and diversifying insurers' investment scope.
