PAG Asia Capital is raising a $500 million China growth fund, which will enable the firm to target middle-market deals that fall below the minimum check size for its pan-Asian vehicle.
IL&FS Investment Managers (IIML), the private equity arm of India’s Infrastructure Leasing & Financial Services (IL&FS), has raised the target of its infrastructure fund to $1 billion.
Partners Group has achieved a close of EUR6 billion ($7 billion) on its latest direct private equity fund. It is the firm's largest fundraise to date.
Singapore-based industrial technology company ST Engineering has launched a $150 million venture capital unit and associated start-up incubator.
Project funds have become popular in China on the back of increased demand for PE exposure from corporates and high net worth individuals. It remains to be seen if they have true staying power
Australia’s Westpac Banking Corp. has entered exclusive negotiations to sell Hastings Fund Management to Australia-listed property developer Charter Hall Group.
The Carlyle Group is looking to raise $5 billion for its fifth Asia buyout fund. The private equity firm closed its previous pan-regional vehicle at $3.9 billion in 2014 after more than two years of fundraising.
Corporate venture capital investment can fill an important niche in supporting Southeast Asia’s start-up ecosystem, industry participants told the AVCJ Singapore Forum.
Assets held by the world’s 100 largest managers increased 10% to $4.01 trillion in 2016 as growth in commitments to private equity, real estate, and credit more than offset a decline in hedge funds. Approximately 8% of these assets are invested in Asia...
As banks look to reduce their exposure to Asian non-performing loans (NPLs), private lenders that can offer more flexibility on terms are seeing increased opportunities for investment, industry professionals told the AVCJ Singapore Forum.
C-Bridge, a Chinese private equity firm that concentrates on late-stage growth capital and buyout opportunities in the healthcare space, has closed its second fund at the hard cap of $400 million.
Joe Bae (pictured), who has spent the last 12 years building out KKR’s Asian operation, has been named co-president and co-COO of the firm as co-founders Henry Kravis and George Roberts prepare to hand over leadership to the next generation.
Texas County & District Retirement System (TCDRS) has committed $30 million to IDG Capital’s latest China venture capital fund – the first to be raised since the GP acquired the global investment business of International Data Group (IDG).
HarbourVest Partners has closed its fourth global co-investment fund at $1.75 billion, having raised the hard cap from $1.5 billion.
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a commitment of up to $20 million in the Abraaj Group’s global credit fund.
Singapore Management University (SMU) has partnered with Kairos ASEAN to launch a venture capital fund run by and for university students.
The flood of new arrivals in Singapore’s accelerator space means there are often too many groups chasing relatively few high-quality start-ups. Diversification and specialization is the key to survival
Wealth management firm and PE fund-of-funds Unigestion has closed a direct opportunities fund at EUR255 million ($291 million).
Middle-market private equity firm Cathay Capital Private Equity has closed its first venture capital fund at $320 million with a mandate spanning China, Europe, and North America.
China and Russia have agreed to invest about $10.5 billion in two cross-border development funds as part of the One Belt One Road (OBOR) initiative.
Sanjeev Aggarwal (pictured), a co-founder of Indian VC firm Helion Venture Partners, has joined Infosys co-founder Nandan Nilekani to launch a new VC fund focused on technology start-ups.
Jason Sambanju, the former head of Asian private equity secondaries at Deutsche Bank, has launched his own investment firm – Foundation Private Equity – which will pursue secondary opportunities in the region.
Tsing Capital, a Chinese venture capital firm focused on environmental technologies, has launched its fifth flagship fund with a target of $300 million.
CMC Capital Partners, a PE firm set up by Ruigang Li, formerly president of Shanghai Media Group (SMG), has closed its second US dollar-denominated fund at the hard cap of $600 million. The vehicle is already one-third invested.