•  •  Dark Mode

Your Interests & Preferences

I am a...

law firm lawyer
in-house company lawyer
litigation lawyer
law student
aspiring student
other

Website Look & Feel

 •  •  Dark Mode
Old Frontpage Layout

Save preferences

Khaitan, Clifford Chance act on Intermediate’s maiden Asia investment, buying USD 1 billion of StanChart PE portfolio

“StanChart sells PE portfolio for $1 billion to Intermediate’s arm: The portfolio comprises private equity investments in companies across Southeast Asia, India, China and South Korea,” reported Mint.

This is US-based Intermediate Capital Group’s first investment in Asia, made via its private equity arm ICG Strategic Equity. It is purchasing Standard Chartered’s private equity assets for $1 billion, according to ICG, which includes 35 companies in South-East Asia, India, China, South Korea, the Middle East and Africa.

Khaitan & Co acted for ICG Strategic Equity Advisors LLC with a deal team comprised of partner Siddharth Shah, counsel Tarunya Krishnan, principal associate Shantanu Gupta, associate Gautam Suseel and associate Srikanth Mantravadi.

UK-international firm Clifford Chance was the global transaction counsel for ICG Strategic Equity Advisors LLC, co-led by partner Andrew Whan (Hong Kong) and counsel Tom Lin (Singapore).

Primary jurisdiction of deal: Asia.

2018-12-18

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

Click to show 1 comment
at your own risk
(alt+c)
By reading the comments you agree that they are the (often anonymous) personal views and opinions of readers, which may be biased and unreliable, and for which Legally India therefore has no liability. If you believe a comment is inappropriate, please click 'Report to LI' below the comment and we will review it as soon as practicable.

Latest comments