Private Equity | South China Morning Post
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Private Equity

Quality HealthCare’s Hong Kong arm is up for sale, say sources

Malvinder Mohan Singh, chairman of Fortis Healthcare. Photo: Jonathan Wong

Global private equity giants, including TPG and Carlyle, are joining the bidding for Quality HealthCare Medical Services (QHMS), a Hong Kong-based private clinic operator owned by two of India’s richest businessmen, Malvinder Mohan Singh and Shivinder Mohan Singh, sources

Thursday, 29 August, 2013, 4:13am

Connections trump everything in world of private equity in China

Connections trump everything in world of private equity

Private equity doesn't have a long history in China, but it has grabbed attention over the past few years, partly because of the individuals standing behind the businesses. In other words, people are key in China. I mean, well, those special people.

29 Jul 2013 - 7:45am 1 comment

Big or small, patience may be the clue to investment success

Bain's investment in Gome is widely considered a textbook case in the private equity industry.  Photo: Xinhua

Does big really mean good, or even successful? Or is it time for us to think differently? I raised these questions in a report I wrote last week about foreign investments in China, which attracted mixed reactions from readers.

29 Apr 2013 - 8:10am

Big buyout firms find size isn't all in China business

Some of the world's biggest private equity players are learning the hard lesson that size does not guarantee success when it comes to making investments in China.

23 Apr 2013 - 7:03am 1 comment

Authorities clash over control of PE funds

Authorities clash over control of PE funds

A tug of war has erupted between the mainland's securities regulator and top economic planning agency for control over the private-equity sector.

1 Apr 2013 - 4:04am

Dell buyout proposal fails to impress shareholders

Founder Michael Dell and private equity firm Silver Lake Management are seeking to take Dell private after the company lost almost one-third of its value last year. Photo: AP

Dell's biggest outside investors, T. Rowe Price and Southeastern Asset Management, oppose the US$13.65-a-share proposal, saying it undervalues the number-three maker of personal computers.

14 Feb 2013 - 4:53am

Up to 25% of private-equity firms set to disappear

David Rubenstein. Photo: Bloomberg

Private equity, an investing trade plied by 4,500 firms with US$3 trillion in assets, is bracing for a shake-out that has been brewing since the collapse of credit markets choked off a record leveraged-buyout binge.

13 Feb 2013 - 5:24am

Focus Media accepts US$3.7b buyout offer

Focus Media was accused of fraudulently overstating by about 50 per cent the number of screens in its digital display-advertising network across the mainland. Photo: Bloomberg

Focus Media has agreed to go private in a US$3.7 billion acquisition led by its founding chairman, global investment firm Carlyle Group and leading mainland private equity companies.

21 Dec 2012 - 4:26am

Storytellers pile into private equity as industry mushrooms

Is the private equity industry already crowded enough? Photo: George Chen/SCMP

What skills and experience does a person need to become a private equity professional?

Compared with traditional financial businesses such as banking and insurance, private equity has a very brief history in China. However, many financial professionals feel the private equity industry on the mainland has already become very crowded within just a few years.

19 Nov 2012 - 9:53am 1 comment

Private equity gambling

The South Beauty restaurant chain will have to buy back its private equity investor's shares if its IPO does not go ahead. Photo: Dickson Lee

Private-equity investors in China may have to worry about their reputations among mainland entrepreneurs, thanks to several unhappy cases of private equity investments that seemed more like gambling than investing.

16 Nov 2012 - 9:57am

Generic drugs firm to grow sideways

Generic drugs firm to grow sideways

Shanghai Fosun Pharmaceutical, a unit of mainland conglomerate Fosun International, said it plans to grow horizontally through acquisitions of drug makers that offer synergies with its products.

17 Oct 2012 - 2:50am

Citic seeks ¥10b for aggressive takeover fund

Citic seeks ¥10b for aggressive takeover fund

Mainland brokerages are expected to inject new life into the country's sluggish private-equity sector after the regulator waived rules to help them diversify their revenue sources.

16 Oct 2012 - 4:03am

Focus Media gets US$3.5b buyout offer

Chinese display-advertising provider Focus Media Holding  plans to go private, making it the biggest Chinese company to delist itself on a US stock market.

The offer comes from a consortium that includes Focus Media's chief executive Jason Nanchun Jiang and private equity firms Carlyle Group and Citic Capital Partners, a Beijing-backed private equity firm.

14 Aug 2012 - 9:40am

NVC Lighting hit by strike threat

Suppliers have reportedly stopped dealing with Hong Kong-listed NVC Lighting amid growing tensions between the board and management.

The company's management told an analyst, who declined to be named, that although some suppliers have stopped supplying NVC, the lighting manufacturer can source components from other suppliers.

14 Aug 2012 - 10:50am

Fast US$1b raised for China P.E. fund

The worsening debt crisis in the euro zone and slow economic recovery in the United States have encouraged global investors to pour more money into Asia, particularly via private equity funds.

26 Jul 2012 - 12:00am