Amicus Capital Partners, an India-focused PE firm founded last year by former executives from the Carlyle Group and India Value Fund Advisors (IVFA), has reached a first close of $90 million on its debut fund.
Rui Ma, Greater China partner at Silicon Valley-based investor 500 Startups, has left the firm and set up her own early-stage fund-of-funds to invest in US GPs.
Sydney Angels, a syndicate of high-net-worth individuals that invests in Australian start-ups, has launched its second fund with a view to raising up to A$20 million ($15 million).
Singapore-based Jungle Ventures has reached a final close of $100 million on its second fund, which will target Southeast Asian technology start-ups.
Accel Partners has closed its fifth India-focused venture capital fund at $450 million, less than two years after raising $305 million for the fourth vehicle.
Angel Plus, a Chinese early-stage VC fund established by Michael Yu, co-founder of New Oriental Education, has launched a debut US dollar-denominated fund worth $100 million.
Only a handful of India-focused private equity firms have shown they are able to raise funds $500 million or more. With LPs still wavering on India, however, membership of this select group is not guaranteed
The growth potential of India’s technology sector is unquestioned, but there have been relatively few spin-outs to threaten the incumbents. A couple of track record-boosting IPOs would help matters
Early-stage VC firm WI Harper Group has teamed up with two Chinese investment funds – Luxin Venture Capital Group and Shandong Leader Equity Investment Fund – to launch a cross-border fund that will invest in start-ups in China and the US.
Indian IT and business consulting firm Infosys has made a INR31.6 million ($4.6 million) LP commitment to the debut fund of Stellaris Venture Partners, a spin-out from Helion Venture Partners.
Australia-listed growth-stage private equity firm Bailador Technology Investments has launched a A$17.4 million ($13 million) capital raising.
Deep relationships within the GP community can make all the difference in terms of sourcing opportunities – and acting on them quickly – in Asia’s increasingly competitive secondaries market
US-Japan cross-border investment firm Draper Nexus Venture Partners has closed its second fund at $175 million.
Delta Capital Myanmar, formerly known as PMM Partners, has reach a first close on its second Myanmar-focused fund at $30 million. The full target is $100 million.
Falcon House Capital comfortably beat the target for its second Indonesia-focused fund, raising $400 million for deployment in middle-market consumer sector businesses
EMR Capital has raised $860 million for its second fund, which will focus on control deals involving copper, gold, coking coal and potash - each of which is expected to see strong demand from China
With the support of his former employer, New Enterprise Associates, Xiaodong Jiang has gone independent with Long Hill Capital. Early-stage healthcare and consumer services are now in his sights
Falcon House Partners has closed its second Indonesia-focused fund at the hard cap of $400 million, buoyed by continued optimism about the rise of domestic consumption and a favorable response to the Widodo administration’s policies.
Redbud Capital, a VC fund-of-funds unit under Tsinghua Holdings, has launched a new vehicle worth RMB1 billion ($150 million) with several government-backed agencies to invest in China venture capital funds.
Australian resources-focused PE investor EMR Capital has reached a final close of $860 million on its second mining fund, above the target of $750 million.
Interest in cross-border transactions among Chinese strategic players is increasing, and PE firms have a number of crucial advantages in these situations, industry players told the AVCJ Forum in Hong Kong.
China VC investors are reminding portfolio companies to pursue profitability rather than sky-high paper valuations as the market continues to rationalize following an explosion of activity in recent years.
Shanghai-based venture capital firm Long Hill Capital Management, a spin-out from New Enterprise Associates (NEA), has closed its debut fund at $125 million.
IL&FS Investment Managers (IIML), the private equity arm of India's Infrastructure Leasing and Financial Services, has reached a final close of $60 million on its latest growth fund.