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News
Private equity-backed IPOs are on the rise, though their performance has not been as strong as 2009 figures. Asia-Pacific leads on performance.
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The bidding war for the Australian hospital chain has concluded, giving rise to the country's largest LBO in two years.
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Less than a month after CVC pulled out from a rival consortium bidding for the Australian healthcare chain, Blackstone has withdrawn from a consortium including TPG and Carlyle.
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The total value of private equity and venture capital investments in cleantech and renewable energy companies globally increased 45% year-on-year in the second quarter of 2010.
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A group of investors led by Qiming Ventures is backing LanzaTech, which uses bacteria to convert industrial waste gases into fuels.
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The NZ$30m invested in Waterman Capital's second fund will be used for small to medium sized investments in New Zealand.
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John Crocker, a veteran of Citi's private funds group, will market private equity, real estate and infrastructure funds in Australia and New Zealand.
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The Hong Kong-based firm has sold its stake in Australia's Loscam to China Merchants Group.
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Australia continues to see more buyout activity this week with Quadrant Private Equity acquiring the media intelligence company for a reported A$160m.
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