Reuters News

TPG Capital co-founder James Coulter tells SuperReturn "buyouts ... are going to be an increasingly small part of a more specialized product base available to the limited partner community."

Private equity fund PAG Asia Capital has invested $250 million in Bicon Pharmaceutical Holdings, writes Reuters. Weijian Shan, ex-TPG Capital dealmaker, and founder and chief executive of PAG, has been appointed chairman of the board of the new investee company. Reuters – Private equity fund PAG Asia Capital has invested $250 million in unlisted Bicon […]

Citigroup‘s private bank has appointed Yvonne Siew as head of Asia real estate, replacing Quek Kwang Meng, reports Reuters. Siew has been with Citi Private Bank since 2005 and will continue to be based in Singapore reporting to Daniel O’Donnell, global head of private equity and real estate. Reuters – Citigroup’s private bank on Tuesday […]

India’s GMR Infrastructure is in talks with private equity investors to raise around $200 million by selling stakes in road projects, writes Reuters. The company is in talks with a fund jointly managed by India’s largest lender, State Bank of India and Australia’s Macquarie Group, writes Reuters. Reuters – India’s GMR Infrastructure Ltd is in […]

PayPal, the online payments company owned by eBay Inc, just got a new rival in the race to develop a mobile payment service that can be used in physical stores.

The deal that Alibaba founder Jack Ma so covets could very well crumble before it even gets off the ground.

This weekend, it looks like private equity has big eyes, eyeing several multi-billion dollar deals from strategics unloading assets--including United Technologies.

Some big name PE firms are lining up for chemical maker Dupont's car paints business auction--but will is financing too tight to keep any single LBO shop from making a $4 billion deal?

If anyone can pull off the labyrinthine deal between Alibaba Group and Yahoo Inc, it's Jack Ma, who founded the e-commerce group and within a decade unlocked China's huge online shopping potential.

Apollo Global Management LLC (APO.N) on Friday became the latest private equity group to report lower fourth-quarter earnings because of the way it accounts for profits, even as the cash flow from its share of investment profits more than tripled.