A byproduct of Asia’s technology boom is the emergence of a new generation of GPs that have spun out from global venture capital players and internet companies, with a view to capturing opportunities presented by this fast-moving sector.
Gary Rieschel, founding managing partner at Qiming Venture Partners, got his first taste of China VC while working for SoftBank in the 1990s. He recollected to AVCJ how the industry made its mark on a global scale
Avendus Capital, an Indian financial services firm owned by KKR, has bought technology-focused venture capital firm Zodius Capital.
HighLight Capital has secured $250 million for its second China healthcare-focused fund, suggesting that proven sector specialists are getting traction with institutional LPs
Singapore has dropped the requirement that venture capital managers must have at least five years of experience to qualify for local registration as part of wider reforms intended to attract more investors to the country.
Bala Srinivasa and Prashant Aluru, partners at Indian early-stage venture capital firm Kalaari Capital, have left the firm to pursue other opportunities.
Vickers Venture Partners raised $230 million for its latest VC fund on the back of a strong track record, but the firm's future vehicles are likely to have more specific remits
Southeast Asia has an abundance of local players targeting early-stage deals while foreign investors fly in to participate in the later stage rounds. The industry is looking for ways to fill the hole in the middle
US-based 1839 Ventures has agreed to invest $20 million in a fund launched by the Pakistan government that will invest in domestic technology start-ups.
US and Singapore-based venture capital investor Wavemaker Partners has raised $66 million for its second Southeast Asia-focused fund. The target was $50 million.
Voting for the 2017 AVCJ Private Equity & Venture Capital Awards has now closed. Many thanks to all those who participated.
Vickers Ventures Partners has closed its fifth fund, which invests in China, Southeast Asia, India and the US, at $230 million – larger than the firm’s four previous vehicles put together.
Vertex Ventures, the VC arm of Singapore’s Temasek Holdings, has closed its latest Southeast Asia and India fund at $210 million, exceeding the $150 million target.
China-focused PE firm Hony Capital has agreed to back the debut fund being raised by newly-established Hong Kong VC firm Beyond Ventures. The vehicle has a target of HK$1.2 billion ($154 million).
Australian superannuation fund Hostplus has committed $50 million to a China-focused VC fund launched by Australian seed investor Artesian. The fund is targeting up to $200 million.
China-based Drum Tower Ventures has launched its first fund, with a view to raising $50 million for early-stage investments globally.
Taiwan-based hardware giant Asus has launched a $50 million VC fund aimed at helping US start-ups expand in Asia.
Energy storage has the potential to benefit Asia’s renewable power developers and traditional utilities, but regulatory obstacles must be removed first. PE can help the industry over its current hurdles
Insignia Ventures Partners, a Singapore-based VC firm founded by former Sequoia Capital India venture partner Yinglan Tan, has raised $25 million for its debut fund.
Government-owned Malaysia Debt Ventures (MDV) has launched its third fund with a view to investing up to MYR4 billion ($954 million) in technology companies across the next 20 years.
From Uber to Flipkart, there are high-profile examples of founders being replaced as CEOs of their start-ups. It isn’t common practice in Asia, and for reasons of corporate culture, this isn’t likely to change
China-based start-up incubator and early-stage investor Withinlink is targeting $30 million for its second venture capital fund to help US companies enter the Chinese market.
Qingsong Fund, a Chinese VC firm formed by Alvin Liu, an angel investor and co-founder of Tencent Holdings, has closed its third renminbi-denominated fund at RMB850 million ($129 million).
Suzhou High-Tech Venture Capital Group, a Chinese state-backed investment fund, has committed A$80 million ($63 million) to a start-up incubator based in Melbourne.