Avazu, a Shanghai-based digital advertising firm, has raised $48 million in a Series A round of funding led by Gaorong Capital. An undisclosed US-based internet-focused private equity fund...
Greater China | 06 Mar 2014 |
Australia’s QIC has bought a minority stake in Queensland-based Ostwald Construction Materials (OCM), the quarry and concrete solutions arm of Ostwald Bros. QIC acted through its private equity unit.
Australasia | 04 Mar 2014 |
Asia and Middle East-focused private equity firm Samena Capital has bought a 10.29% stake in Mahindra Two Wheelers, a scooter business controlled by Indian conglomerate Mahindra Group, from Kinetic Engineering.
Expansion | 25 Feb 2014 |
Tencent Holdings has paid an undisclosed sum for a 20% stake in Dianping, a VC-backed online listings provider best known as one of China’s most popular sites for restaurant reviews. The deal comes as China’s internet giants continue to broaden their...
Greater China | 20 Feb 2014 |
Hopu Investment Management is part of a consortium that has agreed to invest $2.5 billion in Global Logistic Properties (GLP), a Singapore-listed warehouse operator with interests in China, Japan and Brazil.
Greater China | 19 Feb 2014 |
ClearVue Partners has closed its first fund, ClearVue Partners Fund I, at $262 million. It has exceeded the original target of $200 million.
Greater China | 18 Feb 2014 |
Alibaba Group, Temasek Holdings and existing backer Qiming Venture Partners have invested $100 million in a Series B round of funding for TutorGroup, a China-based online education service provider.
Greater China | 17 Feb 2014 |
Xiaomi Ventures, a corporate VC unit of Chinese mobile phone maker Xiaomi, has invested $20 million in Westhouse Group, a game developer controlled by Kingsoft Corporation.
Venture | 17 Feb 2014 |
Oorja Protonics, a California-based liquid fuel cell technology firm, has raised a Series E round of funding from Mingxin China Growth Fund, with participation of existing investor DAG Ventures.
Greater China | 14 Feb 2014 |
China’s Tiantu Capital has committed RMB50 million ($8 million) to Qinghai Xiaoxiniu Biological Dairy Industry, a dairy products manufacturer, for an undisclosed stake.
Greater China | 13 Feb 2014 |
STIC Investments backed Access Bio when the Korean-led malaria testing technology player wanted to buy key components and expand output. Now KOSDAQ-listed, the company has its eye on specialty diagnostics
Expansion | 12 Feb 2014 |
Vancl, China’s largest online clothing retailer, has raised more than $100 million in funding from existing investors Temasek Holdings, IDG Capital Partners, Ceyuan Ventures and SAIF Partners.
Greater China | 11 Feb 2014 |
KKR sees increasing opportunities in Asia for private equity and special situations as valuations fall amid growing investor uncertainty about the prospects for emerging markets globally.
Buyout | 10 Feb 2014 |
Japan's rapid embrace of renewable energy in the wake of the 2011 Fukushima nuclear disaster has alerted PE investors. In the last 12 months, Macquarie Capital and local engineering firm Maeda Corp. launched a joint venture that will target infrastructure...
Cleantech | 29 Jan 2014 |
Speaking to AVCJ last year, Shangzhi Wu (pictured), chairman and managing partner of CDH Investments, addressed the issue of certain China managers’ fund sizes rising with each vintage. He put the phenomenon down to a combination of rising valuations,...
Fundraising | 29 Jan 2014 |
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Join us at the 11th Annual AVCJ Private Equity & Venture Australia and New Zealand Forum on 5-7 March at the Four Seasons Hotel in Sydney to find out how funds of varying size are raising capital, sourcing deals and exits, as well as all you need to know to effectively navigate Australasia's changing alternative asset landscape.
After a decade-long mining boom the economy is experiencing a loss of momentum and the resulting deal flow reduction and lack of value in the market means GPs are chasing many of the same acquisition targets. That said, the exit market is recovering with both IPOs and M&A activity picking up, and an increase in LPs appetite for the asset class, and the recent government change means that the industry is cautiously optimistic for the future and expecting a rise in activity over the next 12 months.
5-7 March 2014, Four Seasons Hotel, Sydney