While appetite for co-investment among LPs continues unabated, the notion of going solo on deals is more talked about than acted on in Asia. But shadow capital still poses a threat to managers
Pioneer Capital sees the closing of its third fund at the hard cap of $180 million as confirmation that private equity in New Zealand has become more mainstream
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a commitment of $3 million to the artificial intelligence (AI)-focused debut fund of Indian VC investor Pi Ventures.
Square Peg Capital, an Australian venture capital firm set up by Paul Bassat, co-founder of job listings site Seek, has closed its debut fund at A$234 million ($180 million), exceeding the A$200 million target.
Australia-based VC investor Followtheseed has launched a $50 million fund to invest in global early-stage start-ups.
Hong Kong and Singapore-based hedge fund manager OCP Asia has raised a $200 million direct lending vehicle to make private equity-style credit investments in small and medium-sized enterprises (SME).
SproutX, an Australian accelerator focused on agricultural technology, has raised A$10 million ($7.7 million) for a venture capital fund. Artesian Venture Partners will act as investment manager.
Guangzhou Industrial Investment Fund Management, an investment arm of the Guangzhou government, has partnered with China Reform Holdings and Shanghai Pudong Development Bank to launch a state-owned enterprise (SOE) restructuring fund with a target size...
Having hit the hard cap of $2.75 billion on its fourth global energy fund, Actis will deploy most of the capital in platform-style investments for emerging markets renewables
China agriculture investor Hosen Capital has completed its evolution from a corporate-sponsored GP into an independent player with a $440 million fundraise from institutional and industrial LPs
Apis is relying on its team's financial services expertise and networks to deliver the goods in South Asia and Africa. LPs have given them $287 million with which to prove the thesis
Lorna Chen, partner and head of the Asia asset management and investment funds practice at Shearman & Sterling, discusses China outbound investment
Competition is intense at the upper end of the global buyout space, with abundant dry powder and readily available debt pushing up valuations. LPs are keen to allocate to the asset class, but will they end up disappointed?
CMC Holdings – a unit of media-focused GP CMC Capital Partners – and Sequoia Capital China have formed a sports investment fund and led a Series A round of funding for Wanmingyang Media, which organizes and video streams kickboxing events in China.
US-based private equity firm Platinum Equity has agreed to buy the Australia and New Zealand businesses of business products supplier Staples.
New Zealand’s Pioneer Capital has hit the hard cap of NZ$260 million ($180 million) on its third growth fund, beating the target of NZ$210 million. It follows the first investment from the new vehicle in Havelock North Fruit.
Singapore-based hedge fund Dymon Asia Capital has reached a first close of $20 million on its debut venture capital vehicle.
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a commitment of up to $25 million to The Carlyle Group’s latest Asia growth fund, which has a target of $1 billion.
Emerging market financial technology investor Apis Partners has closed its debut fund at $287 million. It has already deployed about $130 million across five deals in South Asia and Africa.
A resurgence in renminbi fundraising has prompted GPs best known for US dollar funds to enter the local currency market. Addressing conflicts of interest in an increasingly complex industry will prove difficult
Darma Tech Labs, operator of Japanese hardware-focused accelerator Makers Boot Camp, plans to launch a JPY2 billion ($17.5 million) venture capital fund, with Kyoto Bank serving as the anchor LP.
Uniseed, a venture fund manager associated with the Australian government’s CSIRO research unit and a number of domestic universities, has secured A$20 million ($15.2 million) in fresh commitments for a new follow-on fund.
KKR has set an institutional hard cap of $8.5 billion for its third pan-Asian fund, with the total expected to reach $9.2 billion including commitments from the firm’s balance sheet and management team. A substantial first close – of around half the...
Several managers in the latest generation of China VC spin-outs retain close ties to their former corporate parents. These relationships can deliver great deal flow, but also governance headaches