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Carmela Mendoza

Carmela Mendoza is a senior reporter for Private Equity International based in London. She first joined PEI in Hong Kong in 2015 and covered Asia. A graduate of Ateneo de Manila University, she previously worked for a digital agency in Singapore focused on government websites and publications covering business, trade and industry, transport, and social development.
The $130bn Canadian pension fund is optimistic that recent structural reforms in these two countries will unleash new sources of investment.
Chinese buyers have snapped up more than $100bn in overseas assets this year and participants in sister publication PEI’s Asia roundtable say the appetite for foreign deals is set to grow.
Paul Yang’s appointment comes barely a month after KKR expanded its Asia-Pacific senior leadership team.
The deal marks the Sydney-based private equity firm’s fourth investment from the A$180m Allegro Fund II, which is about 40 percent deployed.
The firm has raised $264m for its latest vehicle, which will invest in agtech, healthcare, advanced manufacturing and transport companies in the US and Europe.
The Mauritius-based firm has already made three investments in India from the food and agri fund.
Guangshao Tu, a known reformer who was previously asked to lead the entire organisation, has joined as the sovereign wealth fund increases its focus on agriculture.
The US-based firm continues to see opportunity in Asia’s rising middle class and its growing demand for safer, healthier food, co-founder Henry Kravis said.
The firm made its first direct investment in Indonesia in May, snapping up a feed manufacturer.
The investment in Phoon Huat comes a year after SCPE ploughed $52m into restaurant chain Crystal Jade Group Holdings.

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