Private equity asset management firm Hamilton Lane has named Mingchen Xia and Yen Li Chew to add to its Hong Kong office and enhance the presence of the company in the Asia Pacific region.
A report from the Australian Financial Review said Telstra Corp, the largest phone company in Australia, is already in the advanced stages of talks with a private equity firm to sell Sensis in a deal worth $2.7 billion, Reuters reported.
Toronto-based merchant bank Minerx Group was out to prove that there is a plethora of opportunities in the the advanced exploration market with its new private equity arm called Minvest Partners, according to a Mining Markets article.
Many local and foreign private equity firms have been seeking the government of India to conduct investigations on alleged fraud and poor corporate standards of some portfolio companies.
In a recent study, the National Bureau of Economic Research said that combined costs associated with private equity fund investments are significantly huge. This essentially makes PE investments not so great in the long haul.
TPG will be the new home of funds commitment professional Jennifer Morais.
In a bid to trim its portfolio, Nestle had sold to North Castle Partners its interest in weight loss brand Jenny Craig.
Private equity firm Investcorp had purchased paper products company Paper Source for an unspecified amount.
Focus magazine reported that Deutsche Telekom would still choose a buyer for its online classified advertising business, Scout24.
Private equity investment firm Encore Consumer Capital welcomes Daniel Gross back as new vice president.
DLF announced that it is entertaining private equity firms after ending the talks to sell Aman Resorts with Zecha.
Private equity firm Peterson Partners names Nick Jean-Baptiste as the new investment team vice president.
Interesting investment opportunities are picking up, according to 3i Chief Executive.
TPG announced its plan to acquire the parent company of Envision Pharmaceutical.