Cathay Capital Private Equity has launched a RMB1.5 billion ($227 million) China automobile sector fund with cornerstone investments from Yangtze River Industry Fund and French auto supplier Valeo.
Canada Pension Plan Investment Board (CPPIB) has invested HK$1.9 billion ($248 million) in a Hong Kong-based warehousing joint venture with logistics operator Goodman Group.
Eight Roads Ventures has $223 million to deploy in Japan, with robotics, inbound tourism and healthcare all high on its agenda
Indian financial technology company Mswipe has closed a $40 million Series D funding round led by B Capital Group.
New Zealand Superannuation Fund has named Del Hart as head of external investments and partnerships.
Innovation Network Corporation of Japan (INCJ) and Tokyo-based asset manager Sparx Group have agreed to invest at least JPY6.4 billion ($57 million) in household robot maker Groove X.
The Riverside Company has sold Learning Seat, an Australia-based online compliance training specialist, to NASDAQ-listed marketing services provider Callidus Software for $26.4 million in cash.
UK-based GP Livingbridge has made its debut investment in Australia with a commitment of undisclosed size to project management consulting company TSA Management.
Adams Street Partners has established an office in Seoul in an effort to expand access to clients and investment opportunities in the region.
Chinese start-up accelerator Comb+ and the Beijing Institute of Collaborate Innovation have jointly launched a fund targeting EUR65 million ($77 million) that will invest artificial intelligence (AI) companies expanding into China.
A sudden shake-up in the economics of India’s energy sector has piqued investor appetite to the point of indigestion. As the market settles, a long-term growth story appears set to support a range of industries
A group of Asian GPs including Hong Kong tycoon Li Ka-shing's Horizons Ventures has backed a Series B round of up to $107 million for US electric vehicle (EV) industry supplier Divergent 3D.
GPs see increasing potential for later-stage investment in the Australian technology sector as early commercial successes and government encouragement help reshape the national psyche
DataRobot, a US-based start-up backed by a number of VCs including Intel Capital, has committed about $11 million to an artificial intelligence (AI) program in Singapore.
Hong Kong-based special situations investor SSG Capital Management has paid an undisclosed sum for a 34.4% stake in a UK subsidiary of Indian travel company Cox & Kings (C&K) known as Prometheon Holdings.
Walden International and East Ventures have joined a $6.6 million funding round led by Hanwha Investment & Securities for Tech in Asia, a Singapore-based digital media company focused on Asian start-ups.
Emerald Media, an Asian investment platform created by KKR, has led a $65 million Series B funding round for Thailand-based online retailing services company aCommerce.
Accel Partners has invested about INR1 billion ($15.3 million) in Universal Sportsbiz (USPL), an Indian fashion retailer that focuses on sports apparel under the name Collectabillia.
The Monetary Authority of Singapore (MAS) has set up a S$27 million ($20 million) grant to support the country’s financial technology development ecosystem.
Asian investors must plan to negotiate a China-dominated deal landscape with increased attention to technology and institutionalization trends, according to industry participants at the AVCJ Forum.
Singapore-based Quoine, a financial technology company backed by Japan’s Jafco, has raised $105 million via an initial coin offering (ICO).
LPs must engage GPs more carefully as they become increasingly active players in Asia’s rapidly evolving private equity space, industry participants told the AVCJ Forum.
Vietnam’s Mekong Capital has exited its 25% stake in domestic pharmaceuticals company Traphaco for about $64.5 million. It represents a gross return multiple of 6.3x for the investment.
Private equity investors are focusing on policy implementation, team culture and transparency as environmental, social and governance (ESG) practices become an increasingly pervasive aspect of GP-LP negotiations.