Regions
HarbourVest hires ex-JPM banker to head new Beijing office
Global private equity firm HarbourVest Partners said on Tuesday it has hired ex-J.P. Morgan banker Sally Shan as a managing director to head its new office in Beijing.
Australia's PEP sweetens offer for Spotless: sources
Pacific Equity Partners (PEP) has sweetened its takeover offer for Spotless Group (SPT.AX), bringing the deal value above the A$743 million ($765 million) that the Australian business services company has been seeking, two sources with knowledge of the deal told Reuters.
CVC Capital to buy majority stake in AlixPartners
Private equity firm CVC Capital Partners Ltd will buy a majority stake in AlixPartners LLP as the restructuring and consulting firm looks to develop its services and expand geographically.
SMFG buys stake in China asset management firm -sources
Sumitomo Mitsui Financial Group will buy a 24 percent stake in a mid-sized Chinese asset management firm for around $125 million, two sources with direct knowledge of the matter said, a move that would be its first foray in China's wealth management market.