fountainvest

Fungs’ veto to play havoc with Toys “R” Us sale in Asia

The Fung family’s right-of-first-refusal is likely to disrupt the $1 billion sale of the toy retailer in Asia. Private equity bidders and distressed debt holders face disappointment.

June 08, 2018

Ex-UBS ECM head moves to buy side

Veteran ECM adviser Damien Brosnan joins Maven Investment Partners, the latest banker to make the switch.

June 26, 2017

Olympus selling China’s Zhaoheng Hydropower

The private equity fund is selling the company, which has grown by hoovering up smaller operators across China amid the country’s clean energy push.

October 17, 2016

FountainVest swiftly closes $2.1b China fund

Frank Tang’s private equity firm handily gathered capital despite the gloomier outlook for returns and increased competition for LPs’ money.

September 22, 2016

Focus Media moves ahead with Shenzhen listing

Carlyle-backed outdoor advertising company set to become the first Chinese company to de-list from the US and re-list on the A-share market through a reverse takeover.

November 12, 2015

Focus Media seeks "internet gene"

The Chinese group plans to seize the opportunities being created by the internet and Beijing’s efforts to build a consumer-based economy.

March 24, 2014

Muddied but unbowed Focus looks to go private

Chinese advertising company Focus Media, which has been under attack by short-seller Carson Block, gets a buyout offer.

August 14, 2012

FountainVest acquires stake in LK Technology

China-focused private equity fund FountainVest acquires a minority interest in LK Technology, a China-based die casting manufacturer, for an outlay of up to $92.5 million.

January 26, 2011

Central China Real Estate raises funds from FountainVest and West Hill

Henan-based property developer Central China Real Estate raises $99 million of private equity from FountainVest Partners and West Hill.

August 06, 2009

FountainVest optimistic about China private equity

Frank Tang, CEO of FountainVest Partners, is confident that now is the time to invest the $950 million his fund recently raised.

February 04, 2009