Asia Pacific Private Equity Deals Tripled in 2006
Australia accounted for $11.7 billion in activity. Indian sub-continent deals have jumped to $3.1 billion this year from $764 million in 2005, with Kohlberg Kravis Roberts & Co.'s $900 million purchase of Flextronics Software Systems, India's largest deal.
- North Asia deals totalled $10.4 billion, led by Goldman Sachs' $2.6 billion investment in Industrial & Commercial Bank of China, this year's biggest regional deal
- Private equity buyouts have accounted for 7% of regional merger and acquisition volume this year, up from 3% in 2005 but still below the global figure of 17%.
- Investment banks have raked in $304 million in net revenue from private equity investors thus far in 2006, compared with $239 million last year.