Navis Capital Partners has agreed to exit its controlling position in Singapore-based circuit board maker MFS Technology. The GP will generate a 3x money multiple and an IRR of more than 40% on the investment.
COPE Private Equity, previously known as CMS Opus Private Equity, has completed its exit from Malaysian oil and gas services provider Serba Dinamik Holdings with a gross 8.9x money multiple and a 79.2% IRR.
Mekong Capital has ended its more than 10-year association with Vietnamese mobile phone retailer Mobile World, completing the last of multiple partial exits to secure an overall return on its investment of 57x.
Baring Private Equity Asia has exited its 100% stake in Singaporean tertiary education institution PSB Academy to Intermediate Capital Group (ICG) for an undisclosed sum.
UK-based development finance institution CDC Group has fully exited Ujjivan Financial Services, the listed holding company for Ujjivan Small Finance Bank, realizing more than INR4 billion ($63.4 million) since it began trimming its stake last year.
Paragon Partners has made a partial exit from Indian construction firm Capacite Infraprojects - which went public earlier this year - for INR876 million ($13.6 million).
Bain Capital Private Equity has agreed to make a full exit from Japan-based call center business Bellsystem24 by selling its remaining 14.43% stake to domestic printing company Toppan Printing.
Norwest Venture Partners has made another partial exit from India-listed financial institution RBL Bank for INR2.9 billion ($44.4 million).
Bain Capital Private Equity will divest its remaining 15% stake in Japanese restaurant operator Skylark, completing a gradual sale of the business it acquired in 2011 and took public three years later.
KKR has made a partial exit from China International Capital Corporation (CICC) – the Chinese investment bank in which it acquired a minority stake in 2010 – generating proceeds of HK$1.52 billion ($194.5 million).
The Growth Fund has sold the remainder of its stake in Australian motorcycle dealership operator MotorCycle Holdings – which it took public last year – for approximately A$18.5 million ($14.5 million).
Zee Entertainment Enterprises, a media and entertainment company based in India, has agreed to acquire 9X Media, an Indian media firm backed by New Silk Route Partners (NSR).
Mekong Capital has completed its exit from Vietnamese agribusiness player Loc Troi, for a total return of more than $12 million.
Ironbridge Capital has made a partial exit from Bravura Solutions, the Australia-based financial services administrator that raised A$148 million ($118 million) through a domestic IPO last November.
The Carlyle Group has agreed to reduce its stake in Japan-listed manufacturing industry equipment supplier Tsubaki Nakashima from about 47% to 2.4%.
Samara Capital and Norwest Venture Partners have made a partial exit from India's RBL Bank for INR4.95 billion ($77 million).
MBK Partners has sold the remainder of its stake in Japan-based coffee shop chain Komeda Holdings JPY24.3 billion ($217 million), securing a 5x return on the overall investment.
CITIC Capital Partners and FountainVest Partners plan to exit their entire stakes in Focus Media - the Chinese outdoor advertising business they helped take private in the US and then re-list in Shenzhen two years ago - within six months.
Bain Capital has made its second partial exit in three months from Japanese restaurant operator Skylark, receiving JPY41.6 billion ($373.6 million) and reducing its stake to approximately 15%.
CDH Investments has completed its third partial exit from WH Group in nine months, generating proceeds of HK$5.78 billion ($743 million) and reducing its holding in the Chinese pork producer to 3.24%.
Warburg Pincus has sold a 25% stake in India-listed non-banking financial company (NBFC) Capital First to a group of buyers including Singapore sovereign wealth fund GIC Private.
MBK Partners has sold part of its stake in Korean water purifier business Coway – having abandoned plans for a full exit last year – generating proceeds of approximately KRW370 billion ($330 million).
KKR has fully exited its remaining 11.8% stake in car dealership China Rundong Auto Group for HK$395 million ($50.7 million), ending a seven-year association that included an IPO in Hong Kong in 2014.
KKR has sold its entire stake in Indian conglomerate Dalmia Bharat (DBL) for INR15.3 billion ($238 million).