Lewis Rutherfurd of Inter-Asia Venture Management, Brooks Zug of HarbourVest Partners, Dan Carroll of Brooklands Capital Strategies, and Piau-Voon Wang on how private equity got started in Asia
Tencent Holdings has led a $40 million Series C round of funding for Shenzhen-based Ubtech Robotics, a humanoid robot maker backed by CDH Investments and Goldstone Investment.
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.
Australia’s Quadrant Private Equity has purchased amusement arcade operator Timezone Group as the first part of a buy-and-build strategy in the family and children’s entertainment market.
Dutch pension fund manager APG Asset Management has committed $175 million to Virtuous Retail South Asia (VRSA), its India-focused retail joint venture with London-based emerging markets investment firm Xander Group.
DCM Ventures has led $75 million Series C round for Maimai, a Chinese social networking app for professionals, with participation from existing backers IDG Capital and Morningside Venture Capital.
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.
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).
Vertex Ventures, the VC arm of Singapore’s Temasek Holdings, has co-led an $8.25 million Series A round for Singapore-based financial technology platform Active.ai.
Private equity firms are seeing more deal flow across Asia, but in a climate of high valuations investors must pick the right markets at the right time, and be creative in sourcing opportunities.
AVCJ was founded in 1987. Here are some landmark events from the industry's development since then
KKR was named firm of the year and won the large-cap fundraising prize at the 2017 AVCJ Private Equity & Venture Capital Awards. Yichen Zhang of CITIC Capital was honored as PE professional of the year while PAG Asia Capital and an MBK Partners and Goldman...
SBCVC has led a RMB220 million ($33 million) Series B round for Shenzhen-based Malong Technologies – its first investment in an artificial intelligence (AI) technology company in China.
Among the various events that have contributed to the development of private equity in Asia over the 30 years since AVCJ was established, three stand out as particular game changers
Gary Rieschel, founding managing partner at Qiming Venture Partners, got his first taste of China VC while working for SoftBank in the 1990s. He recollected to AVCJ how the industry made its mark on a global scale
Creador has invested INR2.15 billion ($32.9 million) in Ujjivan Financial Services, the publicly listed holding company for Ujjivan Small Finance Bank.
Asia’s pan-regional buyout players are raising ever larger funds and pursuing ever larger deals. Is there now more capital in this segment of the market than places to – sensibly – put it?
Bain Capital Private Equity will invest INR68.5 billion ($1.05 billion) in India’s Axis Bank through a combination of equity shares and warrants that – on conversion – will give it a 4.87% stake.
Standard Chartered Private Equity (SCPE) has offered to buy a stake of unspecified size in Tat Hong Holdings in a deal that values the Singapore-listed crane and heavy equipment supplier at approximately S$376 ($277 million).
Asia-dedicated secondaries investor NewQuest Capital Partners has participated in a RMB208 million ($31 million) Series C round for Bokecc.com, a China-based company that offers video cloud computing solutions.
China-focused GP Primavera Capital and Paris-listed investment firm Eurazeo have together invested in WorldStrides, a US-based provider of study-abroad programs for high school and university students, with a view to supporting expansion in Asia and Europe.
Nissay Capital and 2020, the Japanese investment arm of Foxconn Technology Group, have invested JPY500 million ($4.4 million) in a pre-Series B round for Tokyo-based healthcare technology start-up Triple W Japan.
KTB Network has led an $11 million Series C funding round for MyMusicTaste, a Korean crowdsourcing platform operator focused on organizing fan-requested concerts.