Private Equity

Bain makes $4.1b offer to counter KKR’s Fuji Soft takeover bid: Nikkei

The offer is 5% higher than KKR's bid.

Private Credit

KKR raises $808m so far for latest Asia private credit fund, shows filing

KKR closed its debut fund in the franchise at $1.1b in 2022.

Climate Tech & ESG

Asian GPs wake up to soft power of gender parity in returns, fundraising

Gender-balanced funds deliver a net IRR that is 1.7% higher than male- or female-dominated ones

Analysis

Investors splash cash as young India’s beauty craze grows

Indian beauty startups have shown promising paths to exit such as acquisitions or IPOs.

Private Equity

EQT to acquire SE Asian proptech PropertyGuru at $1.1b valuation

PropertyGuru commanded a valuation of $1.6b on its NYSE listing in March 2022.

Private Equity

Deals Digest: KKR eyes PH hospital sale; Indonesia’s Komerce acquires logistics firm

The deal could value the Philippine hospital network at around $3 billion.

Deals

KKR-backed Taylor’s Education said to be eyeing Vietnam’s Koala House

The Malaysian education group is understood to have kicked off the due diligence process.

Private Equity

KKR’s net income soars by 49% in Q2 on higher fees

The company reported record fee-related earnings of $755m, up 25% YoY.

Deals

PE majors in talks for majority stake in Indian hospital chain: Report

General Atlantic and KKR are among 4-5 PE firms vying for a majority stake in the Faridabad-based chain.

Private Equity

Mankind Pharma to buy Bharat Serums from PE firm Advent International for $1.6b

Deal paves way for Mankind to expand into the women's health and fertility drug market.