Everything always seems clearer and easier to understand with the benefit of hindsight. While it seems pretty apparent now that Asian private equity would emerge as a leading asset class for investors around the world, it was actually quite difficult to imagine 12 years ago that the kind of stories we have covered in recent issues of AVCJ would be possible.
For example, I hope that most of you will have read the excellent cover story focused on placement agents in the last issue of AVCJ. For those of us that have been in the Asian private equity business...
L Capital Asia – the private equity arm of luxury goods giant LVMH – has acquired a minority stake in Clio Cosmetics, a South Korea-based color cosmetics manufacturer, for an undisclosed sum.
EQT Partners has agreed to sell its 49% stake in Singapore’s Econ Healthcare to the company’s founder Chu-Poh Ong ahead of a regional expansion initiative.
China Growth Capital has led a $10 million Series B-plus round of funding for Austria-based media company Juzi Entertainment. It brings the Series B to $25 million overall.
China’s PGA Venture Partners has led a $4.5 million Series A round of funding for Hong Kong-based financial services software provider Quantifeed.