Tag Archives: china
China Zhongwang plans 2009’s largest IPO at $1.6 bln
Reuters – China Zhongwang Holdings, Asia’s biggest maker of aluminium extrusion products, began marketing on Monday for a Hong Kong IPO to raise as much as $1.58 billion in what would be the world’s largest new listing so far this […]
Church Pension fund opens shop in Asia
Reuters – India Church Pension Fund has invested in Future Group backed Indivision India, Advantage Partners and IDG Accel China. The $8 billion Church Pension Fund based in New York City has roped in Eric Mason(ex-Carlyle Group), to open a […]
Atlantis Seeks Vote to Shut China Fund, Open New One
Bloomberg – Atlantis Investment Management Ltd., a London-based firm that oversees $1.8 billion, is seeking unitholders’ approval to liquidate the China Fortune Fund from which redemptions have been frozen since October. China Fortune Fund unitholders may choose to exchange their […]
Fraud worries grow for private equity deals in Asia
Forbes – Private equity investors in Asia are increasingly fearful of fraud within their portfolio companies as the global economic downturn puts mounting pressure on firms in the region. The global financial crisis has already caused significant damage to private […]