Weekly Asia News (Friday)

Filippo de Vecchi, Advent managing director and co-head of Greater China

Advent International appoints chemicals specialists Michael Zhu and William Tsao

Thu, 16/05/2013 - 06:10

Private equity firm Advent International has appointed Michael Ming-Yue Zhu, country general manager of Solvay China, to its operating partner programme. »

Armstrong secures USD20m commitment from IFC for South East Asia clean energy fund

Wed, 15/05/2013 - 10:08

Armstrong Asset Management has received the fourth commitment of a USD20m investment for its Armstrong South East Asia Clean Energy Fund from the International Finance Corporation (IFC), the private sector investment arm of the World Bank, to add to its first close of USD65m. »

Qatar Foundation Endowment invests in Bharti Airtel

Tue, 07/05/2013 - 12:11

Telecommunication provider Bharti Airtel has entered into a binding agreement with Qatar Foundation Endowment (QFE) under which Bharti will issue 199,870,006 of its new shares to QFE representing a shareholding of five per cent in the company. »

ALFI bridges the gap between Luxembourg and China

Fri, 03/05/2013 - 14:25

As part of its efforts to strengthen its relationship with the Chinese fund industry, the Association of the Luxembourg Fund Industry (ALFI) has added a section in Chinese (Mandarin) to its website. »

Nigel Le Quesne, JTC Group chairman and chief executive

JTC and KTG create strategic alliance

Fri, 03/05/2013 - 06:28

JTC Group and Kensington Trust Group (KTG) have formed a strategic alliance that was agreed in Kuala Lumpur, Malaysia in March. »

Symphony NAV up 13.4 per cent

Tue, 30/04/2013 - 14:07

Symphony International Holdings’ net asset value has increased by 13.4 per cent from USD609.8m at 31 December 2012 to USD691.7m at 31 March 2013. »

Abraaj Group exits investment in data centre builder in Thailand

Mon, 29/04/2013 - 11:34

The Abraaj Group has exited its investment in Thailand-based Unitrio Technology. »

Symphony sells AFC

Mon, 15/04/2013 - 14:17

Symphony International has sold its entire investment in AFC, which operates the Asian Food Channel, a 24-hour TV channel broadcasting food and lifestyle programming tailored to audiences in the Asia Pacific region. »

Waste2Tricity launches Thailand subsidiary

Mon, 15/04/2013 - 06:03

Waste2Tricity (W2T) has launched a wholly owned subsidiary, Waste2Tricity International (Thailand), based in the Rajchathewi district of Bangkok. »

Northern Trust expands fund admin services in Hong Kong

Mon, 15/04/2013 - 06:01

Northern Trust is expanding its fund administration and custody capabilities to support locally domiciled Hong Kong funds, including exchange-traded funds, as well as other regional investment funds. »