Impact Case Study: Modern Dairy

Kohlberg Kravis Roberts & Co. L.P. invested US$150 million for a 33% stake. Company Headquarters:  China Business focus:  Dairy cow farming and milk production Revenue:  US$172 million (FY 2011) impact highlights Modern Dairy’s revenues grew from RMB184 million (US$27 million) in FY2008 to RMB1,113 million (US$172 million) in… Read More

Impact Case Study: China Fishery

The Carlyle Group invested US$190 million for an 11.1% stake in July 2010. Company Headquarters:  China Business focus:  Agribusiness, Industrial fishing Revenue:  US$538.9 million (FY 2010) impact highlights Carlyle’s proven track record in Chinese agribusiness provides China Fishery with deep-level board expertise and enhanced corporate governance Carlyle worked… Read More

Impact Case Study: Karachi Electric Supply Company (KESC)

Abraaj Capital invested US$361 million for a 50% stake in May 2008. Company Headquarters:  Pakistan Business focus:  Generation, transmission and distribution of electricity Revenue:  US$1.2 billion (FY 2010) Employees:  18,000 impact highlights Abraaj developed a line loss reduction model—Integrated Business Centres (IBCs)—that ended the split between the… Read More

Impact Case Study: Jamna Auto

Clearwater invested US$45–50 million from June 2006 to August 2010. Company Headquarters:  India Business focus:  Commercial vehicle components manufacturer Revenue:  US$220 million (2010) Growth:  Annual revenues have grown from roughly US$75 million to US$220 million impact highlights Jamna Auto has transformed from a loss-making business to a… Read More

Inside Perspectives: An Interview with Macquarie’s Robert Thorpe

Robert Thorpe, Managing Director of Macquarie Infrastructure and Real Assets (“MIRA”), discusses the opportunities and challenges of being a global infrastructure investor across both developed and emerging markets. Robert is focused on MIRA's emerging markets infrastructure funds business and is directly involved in the management of Macquarie's Indian Infrastructure… Read More

Legal & Regulatory Bulletin – Issue No. 2, April 2011

In this issue US – Dodd-frank and SEC Registration SEC Staff Indicates That the Commission Is Likely to Extend Key Dodd-Frank Adviser Compliance Dates Until First Quarter of 2012 White & Case LLP Dodd-Frank Act Rulemaking: Under Rubric of Systemic Risk, Joint SEC-CFTC Proposal Would Dramatically Expand… Read More

Impact Case Study: Olam

AIF Capital held 14.5% at entry in 2002 Company headquarters: Singapore Business focus: Agricultural commodities Revenue: US$10.5 billion Employees: 14,600 IMPACT HIGLIGHTS Private equity support helped to prepare Olam for IPO, achieved in February 2005 AIF Capital actively supported Olam company policy of differentiation through customized solutions to… Read More

Impact Case Study: Manipal Universal Learning

IDFC Private Equity invested US$35 million for a 13% stake in 2006. Company headquarters: India Business focus: Education Revenue: Grown four-fold since 2006 Students worldwide: 220,000 IMPACT highlights IDFCPE helped MUL bring in new talent in the company, including a new CEO and a new CFO Thanks… Read More



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