Global private equity majors including KKR, Bain Capital and TPG say that now is the time to raise Asian megafunds, but for Baring Private Equity, which closed its $2.4 billion fifth vehicle in just six months earlier this year, it’s good to get in early.
Baring whittled down the interested parties to more than 30 institutional investors, producing a fund 60% larger than its predecessor and well in excess of the initial target. Acclaimed as proof of the...
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
Bain Capital Private Equity will divest its remaining 15% stake in Japanese restaurant operator Skylark, completing a gradual sale of the business it acquired in 2011 and took public three years later.
Sabre Partners and CDC Group have co-led a $26 million Series C round for Indian home healthcare business Portea Medical.
Chinese self-driving truck technology developer TuSimple has raised a $55 million Series C round led by Hong Kong-based hedge fund Composite Capital, with participation from Sina and Zhiping Capital.