Kane Wu
Stories by Kane Wu
Hong Kong billionaire Richard Li seeks to sell $157b asset manager PineBridge
Li's PCG acquired the New York-headquartered business from AIG in 2010 for $277m.
KKR, Taeyoung to sell S Korea JV Ecorbit in over $2b deal
KKR, which is leading the sale, has yet to finalise details of the plan, according to reports.
Chinese medical device firm Mindray plans $927m deal to gain control of APT Medical
The Mindray unit will buy a 21.12% stake in APT Medical from shareholders including funds linked to Qiming Venture.
Apollo-backed aerospace supplier Arconic to sell China business in $300m deal
The Pittsburgh-based company has mandated Goldman Sachs to run the sale.
Blackstone to expand Singapore PE headcount in SE Asia push
The expansion in Singapore will bring the asset manager closer to its investor base.
Hillhouse, Mitsui vying for Singapore’s Eu Yan Sang in $700m deal
Final binding bids are due by February before Lunar New Year
Chinese AI startup 01.AI looks to raise up to $200m: report
01.AI hit a valuation of $1b in November, sources told Reuters.
Warburg Pincus elevates India chief Mahadevia as Asia PE head amid regional reshuffle
Veteran China head Frank Wei will step down.
Beijing Capital hires Citi to sell SG-based ECO in up to $400m deal
Beijing Capital bought the business from Navis Capital for S$246 million in 2015.
Bain Capital raises $7.1b in 2023’s largest pan-Asia PE fund
Asia-focused fundraising totalled $73 billion so far this year.
