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Weekly Asia News (Friday)

ClearVue and Nokia Growth Partners lead USD3.2m WeiChaiShi Series A financing

Tue, 16/09/2014 - 14:04

WeiChaiShi, China's largest mobile crowdtasking platform, has closed a USD3.2 million round of financing led by ClearVue Partners and joined by Nokia Growth Partners. »


KKR completes acquisition of Goodpack

Tue, 16/09/2014 - 11:59

IBC Capital, an affiliate of investment firm KKR, has completed the acquisition of packaging solutions company Goodpack. »


Columbia Asia launches USD150m expansion of Southeast Asia and India hospital network

Thu, 11/09/2014 - 06:02

A Seattle-based firm that created one of the largest hospital systems in Southeast Asia and India plans to invest another USD150 million to expand its network to 34 hospitals and one clinic by 2018. »

Asia Pacific

State Street appoints head of alternative investment solutions for Asia Pacific

Wed, 03/09/2014 - 12:04

State Street Corporation has appointed Bob Keogh as head of alternative investment solutions (AIS) for the Asia Pacific region. »


bfinance strengthens Middle East presence

Wed, 27/08/2014 - 16:00

bfinance, an independently owned investment consultancy, has added to its service and advisory capabilities in the Middle East with the hire of a senior consultant. »

South East Asia

KKR strengthens Southeast Asia team with new hires

Wed, 27/08/2014 - 06:04

KKR has appointed Jaka Prasetya, former managing partner and founder of Leafgreen Capital Partners, as managing director to lead the firm’s Indonesia efforts as well as credit and special situations initiatives in Southeast Asia. »

Thumbs up

SuMi TRUST Global Asset Services consolidates Asian operation

Thu, 21/08/2014 - 16:10

SuMi TRUST Global Asset Services, a provider of operational and administration support services to institutional asset managers, has completed the enhancement of its Asian business. »


Topaz Energy and Marine secures USD75m from Standard Chartered Private Equity

Wed, 20/08/2014 - 12:17

Topaz Energy and Marine has secured a USD75 million equity investment from Standard Chartered Private Equity (SCPE). »


CITIC Capital Partners purchases King Koil

Mon, 18/08/2014 - 13:34

CITIC Capital Partners has acquired a controlling stake in King Koil Shanghai Sleep System Co. »

Asia Pacific

PE in Asia lags in operational value creation, says survey

Wed, 13/08/2014 - 10:07

As Asia's free-market economies mature, general partners (GPs) need to change the way they work with their portfolio companies, according to a survey by AlixPartners. »


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