Africa has an enormous need for infrastructure projects. But investors say deals still take too long to get off the ground, and too long to complete - and it’s not the credit crunch they blame. Philip Borel reports.
Buyouts in China are still elusive, but Hony Capital has amassed a portfolio of 25 control investments already. Chinese institutions and international blue-chip limited partners make up an illustrious funding base. Philip Borel asks founder John Zhao how he did it all.