RRJ Capital raising real estate fund – Reuters

By Reuters News — 2 years ago

Asia private equity firm RRJ Capital is launching an up to $1 billion real estate fund that will mostly target investments in China, the firm’s founder, former Goldman Sachs dealmaker Richard Ong, told Reuters on Monday. RRJ’s new fund, which is initially seeking $500 million, will focus on residential, retail, hospitality and care homes for the elderly, and is expected to close in the first quarter of next year, Ong said. The fund will target a 25 percent to 30 percent return on investments, writes Reuters.

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Temasek, RRJ Buy Stake in Kunlun Energy

By Reuters News — 4 years ago

Singapore state investor Temasek Holdings and private equity firm RRJ Capital bought nearly half of the shares in the $1.34 billion offering by PetroChina Co,‘s unit Kunlun Energy Co., Reuters reported Tuesday. More than 140 investors bought into the company, which is becoming a leading player in China’s natural gas sector, according to a term […]

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PE to the Rescue for Stranded Chinese IPOs

By Reuters News — 4 years ago

(Reuters) – An $80 million investment in a Chinese baby diaper producer normally wouldn’t generate much buzz. But last week’s deal for AAB China was interesting for a few reasons, among them the involvement of Richard Ong’s new $2.3 billion private equity fund. The deal shows that private equity firms, like Ong’s RRJ Capital, are […]

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RRJ Capital Pours $80M into China’s AAB

4 years ago

RRJ Capital, a $2.4 billion Asian private equity firm, and a unit of Hong Kong’s Cheung Kong, has poured $80 million into AAB, a Chinese maker of baby diapers, Reuters reported. AAB China does around 70 percent of its sales in China and 30 percent overseas, Reuters wrote.

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Consortium Buys Majority Stake in Frac Tech Services

5 years ago

A group of investors including Maju Investments and RRJ Capital has agreed to buy about 70% of Cisco, Texas-based Frac Tech Services Inc., Reuters reported. Financial terms of the deal were not released. Chesapeake Energy Corp. currently owns about 26 percent of Frac Tech. After the deal, Chesapeak will own about 30%.

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