Private equity investor Warburg Pincus LLC is in advanced talks to buy a majority stake in Indian financial services company Future Capital Holdings Ltd from its founders, the Economic Times reported on Friday.
Asia/Pacific
Bain, TPG's Lilliput woes a warning on India investing
The excitement of private equity opportunities in India, which reached fever pitch in 2007-2008, has crumbled.
Lightspeed China Partners Invests in Tujia.com
Lightspeed China Partners, a leading China-focused venture capital firm, has made a Series A investment in Tujia.com
AltoBeam Closes $6M Series D Funding
AltoBeam has successfully closed a 6 million US dollars round of Series D funding, led by US Venture Partners (USVP).
Fingerprint Cards (FPC) will further extend partnership with Miaxis in China and especially towards the Chinese banking sector
FPC launches its new and further enhanced version of the FPC1011F, the by far most deployed silicon-based area sensor in China.
Latest News
China's central bank plans to give $10 billion from its huge pile of foreign exchange reserves to a new entity to assist Chinese state firms invest abroad.
China eyeing lowering bar for becoming QFII -sources A proposed plan by China's regulators could allow hedge funds, for the first time, to directly trade in mainland stocks and bonds, opening up one of Asia's biggest capital markets to the $2 trillion industry.
Japanese private equity firm Unison Capital on Wednesday agreed to buy a Japanese drugmaker Showa Yakuhin Kako from a domestic rival Tokio Marine Capital, its third buyout in six months.
Conference program features panels and a fireside chat with top-name executives. The international biotech and pharma community will converge upon the city of Suzhou, China, a rapidly growing base for life science industries, at ChinaBio® Partnering Forum 2012 at the Kempinski Hotel Suzhou, May 23–24.
China yuan funds of overseas PE firms to be treated as foreign. China plans to treat local money raised and managed by global private equity firms as foreign funds, industry sources said on Tuesday, restricting their access to sectors such as media and mining in the world's second-biggest economy.
Alp Ercil, the former Asia head of Perry Capital, has raised $440 million for a private-equity style hedge fund that will focus on distressed investment opportunities in credit and equities in the Asia-Pacific.
Credit Suisse Group AG intends to increase capital at its Chinese joint venture and apply for a stock trading permit in the country.
The AES Corporation (NYSE: AES) has signed two agreements to sell a substantial majority of its businesses in China for $134 million in total aggregate proceeds.
Micron Technology won the right to negotiate exclusively to buy Elpida Memory Inc after offering more than 200 billion yen ($2.5 billion) for the failed Japanese chipmaker.
