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.
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.
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...
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
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.
KTB Network has led an $11 million Series C funding round for MyMusicTaste, a Korean crowdsourcing platform operator focused on organizing fan-requested concerts.
Singtel Innov8 and Harmony Partners have led a $25 million round of funding to support the Asia expansion of Qubole, a big data firm based in India and the US.
TPG Capital has agreed to take a significant minority stake in Nox Group, a Korea-based manufacturer of luxury flooring materials. The size of the investment was not disclosed.
Dan Carroll, a founding partner at Brooklands Capital Strategies, cut his teeth with H&Q Asia Pacific and then helped build Newbridge Capital. He told AVCJ how private equity forced its way into the mainstream
The proliferation of fund managers targeting relatively focused investment segments signals a new maturity in Asian private equity. The trend will evolve in step with regional markets
KKR and Gaja Capital have led a INR9.8 billion ($151 million) investment in Avendus Capital, an Indian financial services firm owned by KKR.
UK-based fintech company TransferWise has raised a $280 million round led by IVP and Old Mutual Global Investors as part of an expansion in Asia Pacific and Latin America.
Beijing-based genomics services provider Annoroad has completed a RMB700 million ($105 million) Series C round co-led by Shenzhen GTJA Investment Group and Ping An Ventures. SBCVC and SAIF Partners China also participated.
Alibaba Group has led a $335 million Series E round for Chinese online second-hand car trading platform operator Souche. It is the company’s third funding round in the past 12 months.
Megvii Technology, a Beijing-based facial recognition software developer, has raised a $460 million Series C round led by China State-owned Venture Capital Fund.
Naspers has agreed to lead a Series D funding round of up to $115 million via its PayU unit to support an international expansion by US financial technology player Remitly, including a push into India.
Chinese PE firm Yunfeng Capital has led a $120 million Series E round of funding for Xiaozhu.com, a Beijing-based short-term rentals platform.
Hong Kong-based Klook has won $60 million in funding to further its efforts to consolidate the fragmented travel activities space - in Asia and globally
With its focus on Asia and the Middle East and a roster of big-name owner-shareholders, Samena Capital is a GP with a difference. Shirish Saraf, the firm’s founder and vice chairman, explains the strategy