Exit opportunities are available for savvy investors in India, and market professionals say prospects are good in the long term. But GPs are likely to continue to find the near future difficult
PNB Housing Finance, the mortgage lender subsidiary of India's state-run Punjab National Bank that is backed by The Carlyle Group, closed up 11.35% on its trading debut following a INR30 billion ($449 million) IPO.
Betta Pharmaceuticals, a Chinese VC-backed drug developer backed by several venture investors, has completed a RMB720 million ($106 million) IPO on Shenzhen’s Growth Enterprise Market Board.
Ingham’s Enterprises, an Australian poultry producer bought by TPG Capital three years ago, has scaled back its domestic IPO to a target of A$596.4 million ($457 million).
GDS Holdings, a Chinese data center provider that counts SBCVC among its investors, raised $192.5 million in its US IPO after pricing the offering below the indicative range.
COFCO Meat, a subsidiary of Chinese agricultural conglomerate COFCO Group that received backing from four private equity firms in 2014, has raised HK$1.95 billion ($252 million) in its Hong Kong IPO, after pricing the offering at bottom of the indicative...
Zhou Hei Ya, a Chinese mass-market braised food producer backed by IDG Capital Partners and Tiantu Capital, is looking to raise up to HK$3.3 billion ($427 million) through a Hong Kong IPO.
Australia-based financial services administrator Bravura Solutions is looking to raise A$148 million ($113 million) through a domestic IPO – three years after its PE owner Ironbridge Capital privatized the business in a deal worth A$173 million (then...
Korea's PE-backed Acushnet Holdings, which owns the Titleist and FootJoy golf brands, saw its shares jump 5.9% in the first day of trading on the New York Stock Exchange following a smaller-than-expected $328.7 million IPO.
Private equity-backed Chinese logistics operator ZTO Express has raised $1.4 billion in its New York Stock Exchange IPO after pricing its shares above the indicative range. It is the largest US float by a Chinese company since Alibaba Group in 2014.
Several Korean private equity investors are poised to make a partial exit as Acushnet Holdings, owner of the Titleist and FootJoy golf brands, set a target of $463.9 million for its US IPO.
VC-backed Chinese data center provider GDS Holdings is seeking to raise up to $269.5 million in its NASDAQ IPO. The proceeds could reach $309.9 million if the overallotment option is fully exercised.
Development has been inconsistent in Asia’s IPO markets, with frequent pacing issues and challenges unique to each region. But in the right hands, they can still be highly rewarding for PE investors
ZTO Express, a China logistics operator backed by investors including Warburg Pincus and Sequoia Capital, has set a target of up to $1.33 billion for its US IPO.
Fundraising hits a record quarterly high, thanks entirely to Chinese government-backed vehicles; Australia, Southeast Asia compensate for investment slowdown in China; India shines on exits
Azure Power, an Indian solar panel company backed by several PE investors, has raised $61.4 million in its IPO on the New York Stock Exchange.
Ingham’s Enterprises, an Australian poultry producer owned by TPG Capital, is seeking to raise up to A$1.12 billion ($843 million) through a domestic IPO.
China-based data center provider GDS Holdings, in which SBCVC and Ping An Insurance are minority shareholders, has filed for a NASDAQ IPO.
The International Finance Corporation (IFC) has invested $11 million in Indonesia-based Aneka Gas Industri as part of the gas production company’s domestic IPO.
China-based logistics operator ZTO Express has filed for an IPO in the US. Sequoia Capital and Warburg Pincus are the most significant private equity backers with stakes of 7.2% and 6.1%, respectively.
Indian logistics provider Continental Warehousing has filed for a domestic IPO, setting up The Abraaj Group for a full exit. Warburg Pincus is expected to make a partial exit.
Indian fashion brand manufacturer and distributor Genesis Colors has filed an IPO that will provide a partial exit for private equity backers including Henderson Equity Partners, Mayfield India and InnoVen Capital.
Baroque Japan, an apparel business majority-owned by CDH Investments and Chinese women’s shoe retailer Belle International, is seeking to raise around JPY30.86 billion ($307 million) through a Tokyo IPO.
CX Partners is on course to make a partial exit from India-based Security & Intelligence Services (SIS) as part of the company’s domestic IPO.