SIIC Environment, a Chinese water treatment firm backed by China Investment Corporation (CIC), RRJ Capital and CCBI International, has agreed to buy industry peer Fudan Water for RMB1.55 billion ($249 million).
Cleantech | 26 Mar 2015 |
Livesense - a Japanese internet company known for its flagship career search site Jobsense - has acquired a 71.7% stake in VC-backed e-commerce start-up Waja for JPY400 million ($3.3 million).
Exits | 26 Mar 2015 |
For a long time the UK and Australia operations of US wine giant Constellation Brands had been a drain on the parent company. Nevertheless, CHAMP Private Equity saw the potential for a category leader
Australasia | 25 Mar 2015 |
Bain Capital Partners is set to acquire Japan Wind Development (JWD) - a leading Japanese wind farm developer - in a JPY9.7 billion ($80 million) take-private transaction.
North Asia | 23 Mar 2015 |
Japan's Rakuten will pay $410 million to acquire US-based digital book marketplace OverDrive from Insight Venture Partners, a US private equity and venture capital firm.
North America | 20 Mar 2015 |
Addor Capital, a private equity firm owned by China’s Govtor Capital, has agreed to buy a subsidiary of US-listed online travel site eLong for RMB76.5 million ($12.2 million).
Greater China | 20 Mar 2015 |
A Hong Kong court has supported a move by CVC Capital Partners to freeze the assets of Lan Zhang, founder of Chinese restaurant chain South Beauty, which was bought by the private equity firm last year.
Buyouts | 20 Mar 2015 |
Indonesia’s middle market is a proxy for the robust services sector, but it is difficult for investors to penetrate and deal flow has been slow in recent years. Are we are about to see more?
Southeast Asia | 18 Mar 2015 |
The strong fundamentals that saw Indonesia propelled into the upper echelons of private equity – by words, if not deeds – as a counterpoint to China and India are largely unchanged.
Southeast Asia | 18 Mar 2015
A consortium comprising KKR, Värde Partners and Deutsche Bank has agreed to buy GE Capital’s Australia and New Zealand consumer lending unit for an enterprise valuation of A$8.2 billion ($6.3 billion).
Buyouts | 16 Mar 2015 |
Lotte Group has agreed to buy South Korean car rental firm KT Rental from KT Corp. and other investors for KRW1.02 trillion ($908 million), beating out several other private equity and strategic players.
North Asia | 13 Mar 2015 |
A consortium led by Chinese GP SummitView Capital has agreed to buy NASDAQ-listed semiconductor manufacturer Integrated Silicon Solution (ISS). The deal values the company at approximately $639.5 million.
Buyouts | 13 Mar 2015 |
Indian VC-backed e-commerce giant Flipkart has acquired AdIQuity, a domestic mobile ad network. Financial details of the transaction were not disclosed.
South Asia | 11 Mar 2015 |
Updating your subscription status
In 2015, China is expected to experience a "new normal of growth". For private equity investors, China's new stage of growth represents huge opportunities: an increase of 270% in online consumption, the reform of over a hundred sovereign-owned enterprises, trillion-dollar investments into overseas infrastructure projects, the rising entrance of young entrepreneurs, and many more.
To be held on 28 and 29 May, the 14th annual AVCJ China Forum 2015 in Beijing will feature these exciting topics and bring together top-notch speakers from across the world.Join the premium industrial gathering of over 300 private equity professionals, regulators and senior executives for two days of mind-provoking discussions, networking and more.
28-29 May 2015, China World Summit Wing,Beijing
There is a feeling that now is a shrewd time to invest in Japan and take advantage of the favourable conditions for private equity. Valuations are low compared with the rest of Asia and strategic buyers and the IPO market are providing an attractive route for exits. There are also signs that corporate Japan is slowly coming around to engaging PE as a potential buyer for non-core assets and recent developments at the GPIF suggest that PE will be under strong consideration for allocations from pension funds in the near future as well as regional banks committing to the asset class right now.
The macro concerns that have been present for many years still remain in terms of low growth and currency depreciation but these are encouraging times for fund managers looking to both raise capital from Japanese LPs and make investments.
245-26 June 2015, Conrad Hotel, Tokyo