Setter Capital’s Secondary Link is the latest online platform intended to fill the information void in the secondaries market. Industry participants have mixed feelings as to its utility...
Secondaries | 04 Dec 2013 |
Apax Partners, The Carlyle Group and Baring Private Equity Asia are said to be among bidders for SourceHOV, a business process outsourcing (BPO) firm jointly owned by Citigroup Venture Capital International (CVCI) and Mumbai-listed HOV Services.
Technology | 02 Dec 2013 |
MBK Partners has fully exited Invoice, Japan’s largest telecom bill aggregation service provider, to Lone Star Funds. The sale price was not disclosed but sources close to the deal said the North Asia-focused private equity firm had generated a 2.5x...
Exits | 02 Dec 2013 |
Brent Nicklas, managing partner at Lexington Partners, on his expectations for private equity secondaries in a global market characterized by increased regulation, consolidation and ever larger LPs
Secondaries | 07 Nov 2013
StepStone Group has merged with secondaries specialist Greenpark Capital. The widely-anticipated transaction has been confirmed, but a spokesperson declined to give more information on how it was structured, citing confidentiality requirements.
Buyouts | 10 Oct 2013 |
DRC Capital has sold Japan's Casa, a rent guarantee provider formerly known as Rento Go, to Ant Capital Partners and the firm's management. The financial details of the deal were not disclosed.
North Asia | 04 Oct 2013 |
Ironbridge Capital’s LPs will not be obliged to commit capital to a new fund as a condition of participation in a vehicle set up by the Australian GP to absorb assets held by its first two funds. AVCJ understands that the proposal has been amended so...
Secondaries | 26 Sep 2013 |
There used to be a time when a private equity fund buying the portfolio company of another private equity fund was a serious faux pas. Nowadays, GPs have become less shy about buying from peers, who in many cases might be selling good but un-exited assets...
Secondaries | 18 Sep 2013
Cogent Partners has appointed Dominik Woessner as a director in its Shanghai office. He has relocated from the secondary market-focused firm’s London office as part of ongoing efforts to develop its footprint in Asia.
Secondaries | 13 Sep 2013 |
More LP interests in Asian funds are coming onto the secondary market, but the region remains the industry’s future rather than its present. Which investors will be around to witness it coming to bloom?
Secondaries | 11 Sep 2013 |
Australian politicians have long debated ways to enlarge the country’s tax base as they prepare for the economic ramifications of a spiraling dependency ratio. By 2050 there will be just 2.7 people of working age for each person aged 65 and over, compared...
Exits | 11 Sep 2013 |
Navis Capital Partners has acquired Australian childcare services provider Guardian Early Learning Group from Wolseley Private Equity with a view to helping the 69-center chain double in size. The transaction value was not disclosed but sources indicate...
Exits | 09 Sep 2013 |
Secondary deals in Japan spiked in 2011 as buyouts from before the global financial crisis found an exit. With the country's economic prospects improving, industry participants expect the flow to continue
Secondaries | 07 Aug 2013 |
Baring Private Equity Asia has announced the acquisition of South Korean courier firm Logen. Details of the deal, said to be worth around KRW160 billion ($140 million), emerged last month prior to closing. The seller is Mirae Asset Private Equity.
Buyouts | 01 Aug 2013 |
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India's private equity industry is in a state of transition, and only funds that are nimble on their feet and adaptive will ultimately survive. Find out what you need to navigate India's changing landscape at the 14th Annual AVCJ Private Equity & Venture India Forum on 5-6 December. Last year's Forum was attended by more than 250 top executives coming from 15 different countries and territories around the globe. Over 50 LPs joined the event, including dozens of foreign investors looking to increase their allocations to India or to invest in the country for the very first time. The conference featured in-depth analysis about India's private equity industry with sessions that covered topics ranging from confronting the difficult exit and fundraising environment, to understanding regulatory changes, to predicting where the industry will likely be in 2015.
Date: 5-6 December 2013
Venue: Tal Lands End, Mumbai
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.
, Four Seasons Hotel, Sydney