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...Asked whether the partners will stick to that timetable, he said that Russia and China are yet to agree on critical details of the mammoth infrastructure project....
...At $6.4bn, KKR’s Asia Pacific Infrastructure Partners II fund is the largest pan-regional infrastructure-dedicated fund....
...The pair said they now believed the opportunity in large-scale direct lending was “exceptional”, particularly as some of the Oaktree’s biggest rivals have pulled back from writing mammoth loans after putting...
Buyout group expects Tokyo business reforms to bolster company profits
...The deal may not have captivated the market earlier this year if not for the mammoth $5.5bn loan that private credit investors had pieced together, which edged out the banks that traditionally provide debt...
...Earlier this week, the Korean industrial mammoth Hyundai Motor backed out of an aluminium supply deal with one of Indonesia’s biggest coal producers after an army of K-pop fans piled into an online campaign...
With Chinese tariffs expected to end in 2024, wine oversupply should diminish
Accolade to be restructured as sector prepares for China trade to reopen
...This is very different from the mammoth stimulus packages China has pulled off before. After the financial crisis, it spent Rmb4tn (nearly 13 per cent of GDP back then) building out infrastructure....
...Asia-Pacific deals dropped 28 per cent....
Chip equipment maker’s debut comes as country rides wave of interest from foreign investors
Citic Capital to remain majority shareholder in fast-food chain’s local operation
...Earlier in September, a court ruled that Qantas had illegally sacked 1,700 workers during the pandemic, leaving it facing a mammoth compensation bill....
Wider GFG Alliance has struggled to borrow since the collapse of its main lender Greensill Capital in 2021
...One of the best performing Indian stocks is Suzlon Energy, a wind turbine maker whose mammoth debt pile brought it close to bankruptcy in 2015 and is now in the midst of a turnaround....
...Uncertainty around the order has curtailed American LP interest in China....
...While the term sounds like something from a Pacific-Rim-style summer blockbuster, it actually describes a private-credit deal of more than $1bn: As shown above, this shift did not persist....
Deal raises more capital for US buyout group’s expansion at a time when borrowing costs have soared
Private equity group aims to float Hitachi Kokusai Electric at valuation that would make it Japan’s biggest initial public offering since 2018
...“It isn’t this sort of mammoth, behemoth puppet master behind the scene, but actually also tactical and it has weaknesses — and the ability to be deterred.”...
...Lawyers for Ziyavudin Magomedov claimed in filings made public this week that TPG founder David Bonderman was part of a conspiracy to sell a stake in Fesco, which controls the Pacific port of Vladivostok...
Seibu’s flagship store in Tokyo to close for one day in protest at planned sale to US investment fund
...LPs finding themselves overcommitted to the asset class on the tail-end of the decade-long boom are also selling stakes in large buyout funds in the secondaries market, selling at up to 20 per cent discounts...
...In today’s newsletter: Dealmakers walk a geopolitical tightrope in Hong Kong Vivendi hits back at Telecom Italia’s board Consultancies curb new hire salaries A powerful LP in a complicated world In...
...The administration does not plan on imposing restrictions on limited partnerships in cases where the contribution that the LP makes is purely financial and the firm does not have any ability to influence...
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