Saturday, 18 April 2015
Last updated 20 hours ago
Apr 18 2008 | 12:54pm ET
U.K.-based CVC Capital Partners has raised US$4.1 billion for its latest private equity fund, CVC Capital Partners Asia Pacific III. Investors include both international institutional investors and high-net worth individuals
The fund will invest in established companies in the most developed economies in the Asia-Pacific region, including Australia, Hong Kong, Japan, Singapore, South Korea and greater China.
The firm said that the Asia Pacific region will continue to evolve and present significant buyout opportunities.
“Increased emphasis on shareholder value, more efficient governance structures and globalization’s pressure on optimization are increasingly evident in the Asian arena, which CVC expects will result in continued increases in investment activity,” it said.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…