The Carlyle Group is to invest INR2.5 billion ($40.9 million) in Credo Brands Marketing, the company behind Indian casual wear brand Mufit.
South Asia | 07 Mar 2014 |
South Korea is planning to relax restrictions concerning M&A transactions in a bid to encourage investment by private equity and strategic investors.
Buyouts | 07 Mar 2014 |
Australian LPs are increasingly keen on direct investment for the most part alongside portfolio GPs but not all groups are able to build and retain the resources required to participate effectively.
Australasia | 07 Mar 2014 |
China’s Jiuding Capital has reached a $150 million first close on its second US dollar-denominated vehicle. Investors include sovereign wealth funds and insurance companies from North America and Asia.
Greater China | 06 Mar 2014 |
ICICI Venture Funds Management, the private equity unit India's ICICI Bank, and US PE firm Apollo Global Management are expected to reach a $750 million final close a joint fund set up to focus on distress opportunities in India.
South Asia | 06 Mar 2014 |
KKR has further bolstered its energy and infrastructure presence in Asia, appointing Tony Schultz as managing director in Sydney and relocating Ash Upadhyaya -a director with KKR's energy and infrastructure team in the US - to Singapore.
People | 06 Mar 2014 |
Australian superannuation funds that are not facing imminent payout deadlines remain committed to private equity, although managers say the more complex regulatory environment can hinder their approach to the asset class.
Australasia | 06 Mar 2014 |
Zhijing Capital Management (ZJ Capital), a Shanghai-based early-stage VC firm, is seeking $50 million for its debut US dollar-denominated fund. The vehicle will make co-investments in Chinese start-ups.
Greater China | 05 Mar 2014 |
Technology-focused venture capital firm DCM has closed its latest China-focused fund - DCM Ventures China Fund (DCM VII) - at $330 million, above the initial target of $250 million.
Greater China | 05 Mar 2014 |
Munich Private Equity Partners set up its first overseas office in Shanghai to demonstrate a commitment to Asian managers, with China at the fore. It is now seeking out local champions
LPs | 05 Mar 2014
A number of accounting scandals involving India-based private equity portfolio companies has contributed to the erosion of investor confidence in the country. Due diligence processes are being tightened in response
South Asia | 05 Mar 2014 |
One of the observation's made in last week's Australia-themed viewpoint was that private equity fundraising tanked in 2013, although there was a caveat.
Buyout | 05 Mar 2014
Global professional services firm Alvarez & Marsal (A&M) has named Vikram Utamsingh, managing director responsible for its India transactions advisory group, as country co-head.
People | 04 Mar 2014 |
Japan's Government Pension Investment Fund (GPIF), has formed a partnership with Development Bank of Japan (DBJ) and Ontario Municipal Employees Retirement System (OMERS) to jointly invest in infrastructure assets.
North Asia | 03 Mar 2014 |
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Join us at the 11th Annual AVCJ Private Equity & Venture Australia and New Zealand Forum on 5-7 March at the Four Seasons Hotel in Sydney to find out how funds of varying size are raising capital, sourcing deals and exits, as well as all you need to know to effectively navigate Australasia's changing alternative asset landscape.
After a decade-long mining boom the economy is experiencing a loss of momentum and the resulting deal flow reduction and lack of value in the market means GPs are chasing many of the same acquisition targets. That said, the exit market is recovering with both IPOs and M&A activity picking up, and an increase in LPs appetite for the asset class, and the recent government change means that the industry is cautiously optimistic for the future and expecting a rise in activity over the next 12 months.
5-7 March 2014, Four Seasons Hotel, Sydney