London, United Kingdom (PressExposure) September 05, 2007 -- Although still to be confirmed, rumours emanating from Apollo Capital are that its Private Equity arm is to commit approximately â¬100 million to two Chinese limited companies. It is believed that both companies have their foundations in the bio-fuels sector.
Apollo Capital has so far declined to comment.
Mean while Apollo Capital are also keeping an eye on India's private equity markets. A sign of how quickly the private equity industry has grown in India is how many Private Equity firms are basing offices there.
It appears the next big arrival will be Apollo Capital who have recently acquired premises, which shows you a little of the said companies influence in today's financial world. Such has been the industry's haste to tap Asia's newest private equity market that many firms have so far been able to find suitable premises and still work out of five-star hotel rooms.
India is the latest Asian country to attract the attention of the world's leading buy-out funds. They are estimated to have a total of $20bn intended for the region, which with leverage provides a war chest for deals in excess of $100bn.