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Warburg Pincus declined to comment. The latest fundraising will add to a massive industry-wide pool of money for Asian acquisitions and investments, notably in China, with investors attracted by rapid economic growth and a bigger pool of fast-growing technology companies compared to other major markets cufflinks men uk sale. As of mid November, Asia-focused PE managers raised a combined $49 billion in dollar-denominated funds for the region, up from $37.8 billion over the same period last year, according to data provider Preqin..

China’s Hillhouse Capital in September raised Asia’s biggest PE fund at $10.6 billion. In June, Blackstone Group (BX.N) said it had raised about $9.4 billion for two new funds – the largest-ever fund dedicated to real estate investments in Asia as well as its first PE fund for the region. Founded in 1966, Warburg Pincus was an early player in the Chinese market, with its first investment being made in 1994. Its second China fund will continue to invest in sectors including healthcare, financial services, technology, consumer and real estate, sources said cufflinks men uk sale.

The firm’s China investments include stakes in ESR, a pan-Asia logistics real-estate firm which plans a $1.5 billion Hong Kong IPO next year, according to Refinitiv publication IFR, as well as Chinese electric-vehicle maker NIO (NIO.N) and Chinese courier ZTO Express (ZTO.N), both of which are already listed in New York. Its first China fund, which raised $2 billion in late 2016, saw a 27.8 percent net internal rate of return as of the end of June, according to disclosures by one of the fund’s limited partners – the Washington State Investment Board cufflinks men uk sale.

CHICAGO (Reuters) – Boeing Co (BA.N) plans to hold a conference call with airlines on Tuesday morning to discuss systems on the 737 MAX model that crashed in Indonesia last month, according to four sources with familiar with the matter. A Lion Air Boeing 737 MAX crashed in the Java Sea on Oct. 29, killing all 189 people on board, in the first major accident involving the latest version of its popular narrow-body plane cufflinks men uk sale. After the crash, the U.S. Federal Aviation Administration warned airlines that erroneous inputs from the anti-stall system’s sensors could lead the jet to automatically pitch its nose down even when autopilot is turned off, making it difficult for pilots to control..

American Airlines Group Inc (AAL.O) last week said it had been “unaware” of some functions of the so-called Maneuvering Characteristics Augmentation System (MCAS) designed to prevent the 737 MAX from stalling cufflinks men uk sale. Indonesian investigators said the system was not detailed in Lion Air’s flight manual. Bloomberg first reported on Boeing’s plans to hold a call with airlines on Tuesday. One of the sources familiar with the matter told Reuters that the call might be postponed. Boeing last week said it had provided two updates for operators around the world that re-emphasize existing procedures to deal with situations relating to MCAS. Boeing declined to provide further comment..