Carlyle CEO says firm is committed to China

Carlyle CEO says firm is committed to China

Carlyle Group Chief Executive Kewsong Lee said on Wednesday that the U.S. private equity firm will remain a long-term investor in China despite “bumps” that have unnerved some investors. Beijing authorities have rolled out restrictions in the last few weeks on...
SoftBank-backed Oyo to file for $1.2bn IPO next week – source

SoftBank-backed Oyo to file for $1.2bn IPO next week – source

SoftBank Group-backed Indian hospitality startup Oyo Hotels and Rooms is expected to file for an initial public offering (IPO) next week to raise around $1bn, a source told Reuters on Thursday. The hotel aggregator is looking to list in India’s financial capital...
Mapletree Investments raises $552m for maiden US office fund

Mapletree Investments raises $552m for maiden US office fund

Mapletree Investments has closed its maiden US office fund, Mapletree US Income Commercial Trust, with $552m in total fund equity raised. In a statement on Thursday, the Temasek-owned company said Music’s target internal rate of return (IRR) of 12% represents...
Veritas, Elliott consider Athenahealth sale at $20bn valuation

Veritas, Elliott consider Athenahealth sale at $20bn valuation

Private equity firm Veritas Capital and hedge fund Elliott Investment Management are exploring options for Athenahealth Inc, including a sale or initial public offering, Bloomberg News reported on Wednesday, citing people familiar with the matter. Veritas and Elliott...