Entries tagged "Asia"
Goldman alum Mark McGoldrick has raised $2.5 billion for his firm, Mount Kellett Capital's first private equity fund.
Debt hedge fund GSO Capital Partners LP is calling it quits in Asia after only five months as the effects of the credit crisis are now being felt worldwide. The $25 billion subsidiary of Blackstone Group LP is planning to shutter its Hong Kong office after failing to find any reasonably priced Asian bonds or loans to buy since it opened in September, sources tell Bloomberg. ...
As the consolidation of the Asian electronics market accelerates, buyers sometimes win, and they sometimes lose. Panasonic Corp. on Thursday appeared to have sealed an agreement for Sanyo Electric Co. while Chinese computer group Lenovo Group Ltd. stepped away from an offer for a Brazilian rival....
"Is Asia safe from Wall Street?" asks the headline of a story in Singapore's The Straits Times newspaper this week. The answer, of course, is no. The Lehman Brothers Holdings Inc. collapse and the American International Group Inc. bailout triggered shockwaves that almost instantaneously smacked the shores of Asia, Europe and the southern island of New Zealand, for that matter....
Fundraising for private equity vehicles focused on Asia took a precipitous fall in the second quarter, according to Zero2IPO Group's "China Private Equity Q2 2008" report. ...
The much anticipated flood of distressed assets may not be coming from the credit crunch-afflicted U.S. and Europe, but rather from Asia. ...
