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Weekly Asia News (Friday)

Talal Al Zain, chief executive of PineBridge Investments Middle East

PineBridge Investments to establish MENA headquarters in Bahrain

PineBridge Investments, a multi-asset class investment manager, has selected Bahrain as the location for its Middle East and North Africa headquarters.  PineBridge is an independent asset manager with over USD67bn of assets under management for institutional and individual clients across a platform of listed equity, fixed income and private equity

Baker & McKenzie advises A Capital on PIPE transaction

Law firm Baker & McKenzie has advised Europe-China growth capital private equity fund A Capital on one of the first major private investment in public equity (PIPE) transactions by a Chinese investor teaming up with a private equity fund to invest in a European-listed company. A Capital and co-investor Sparkle

China Flag

ChineseInvestors.com secures USD1.5m commitment from Kodiak Capital

ChineseInvestors.com’s S-1 filing with the Securities and Exchange Commission became effective this past week, securing a USD1.5m financing commitment from Kodiak Capital Group, a Delaware limited liability company. ChineseInvestors.com’s S-1 filing with the Securities and Exchange Commission became effective this past week, securing a USD1.5m financing commitment from Kodiak Capital

Guernsey helping Chinese funds sector

Guernsey’s expertise within the funds industry is being utilised by the Chinese Government and the country’s fund managers to enhance the way its own funds sector is operated and regulated. Guernsey-headquartered International Administration Group (IAG), which formed a partnership with Exceedor in Shanghai last year, is at the centre of

Pegasus Capital completes acquisition of Six Senses Resorts & Spas

Pegasus Capital Advisors, a US-based private equity fund manager, has, through one of its affiliates, acquired the Bangkok-based ultra-luxury resort and spa management business of Six Senses Resorts & Spas for an undisclosed sum. Following the terms of the binding agreement signed in April 2012, Pegasus now holds the rights

Carlyle Group names Neeraj Bharadwaj MD on India investment team

Alternative asset manager The Carlyle Group today announced that Neeraj Bharadwaj has joined the Carlyle Asia Partners (CAP) team as a Managing Director based in Mumbai. Prior to joining Carlyle, Bharadwaj was a Managing Director with Accel Partners’ growth investing operation in India. Preceding that he was with Apax Partners

Money stack

Komli Media raises USD39m led by Norwest Venture Partners

Komli Media has raised USD39 million, its largest financing to date, led by Norwest Venture Partners (NVP) with participation from Nexus Venture Partners, Draper Fisher Jurvetson and Western Technology Investment The company has now raised a total of USD62 million. The funds will be used to invest in the company’s

shaking hands

Daniel Stewart appoints Zhu as non-exec director

Daniel Stewart, stockbroker and corporate finance adviser to smaller and medium-sized companies, has appointed Jane Zhu as a Non Executive Director of its Asian Subsidiary business, Daniel Stewart & Co (Asia) Ltd. Zhu, who is based in Hong Kong, is Senior Adviser Asia pacific with the London Stock Exchange. She will

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