Siddharth Poddar
Asian institutional investors are increasingly warming to the idea private debt. Could this drive growth in alternative credit within the region?
The Seoul-based firm, which has fully deployed its maiden fund, will target commitments of between W800bn and W1trn for fund II.
The Seoul-based firm, which has fully deployed its maiden fund, aims to raise up to $858m.
The North Asia-focused buyout firm is part of a consortium that has been selected as the preferred bidder for Kumho Rent-A-Car, in a deal expected to be valued at about W300bn.
Less than a month after reports of a possible $300m investment in Japan's national airline, TPG and American Airlines have offered to invest up to $1.1bn in the struggling carrier.
The North Asia-focused private equity firm is part of the preferred bidding consortium for Kumho Rent-A-Car, a deal expected to be worth $260m.
TPG is once again targeting a struggling airline, having teamed with American Airlines on a joint bid to restructure JAL. Rival US-based carrier Delta is also bidding.
The Tokyo-based firm will make growth capital investments and provide fresh funding for stressed Japanese companies.
Japanese LPs have provided the capital for the Tokyo-based firm's latest special situations fund.
The Middle East investment firm will acquire a 20% interest in Gulf Cryo to help accelerate the company’s growth.