Australian GP Pacific Equity Partners (PEP) has launched a bid to buy snack maker Patties Foods in a deal that values the company at A$203 million ($165 million).
China GPs must respond to the country’s economic slowdown by paying closer attention to picking sectors that can outperform – and in which they can help drive that performance – industry participants told the Hong Kong Venture Capital & Private...
Korea’s Financial Services Commission (FSC) has announced plans to allow capital raised through public market offerings to invest in domestic private equity and real assets vehicles.
Morgan Stanley Institutional Fund Trust has marked down its investment in Flipkart for the second quarter in a row, reducing its estimate of the Indian online retail giant by 15.5%.
Althea, a South Korean cosmetics e-commerce site that markets primarily to Southeast Asia, has raised a $3.5 million Series A round from a group of investors including Mirae Asset Ventures, Cherubic Ventures and 500 Startups.
China’s Tencent Holdings and Beijing Weiying Times Technology – an online ticketing platform in which Tencent is an investor – have committed approximately $85 million to YG Entertainment, a Korean record label and talent manager backed by L Capital...
Globis Capital Partners has led a JPY1.1 billion ($10 million) round for Japan-based Creema, the operator of an online consumer-to-consumer (C2C) marketplace specializing in handmade items.
Alibaba Group and its financial affiliate Ant Financial plan to invest a further $400 million in Didi Chuxing. This comes as the Chinese ride-hailing app operator is raising a new round of fund said to be as large as $2.5 billion.
Japanese robotics company 3D Media has received a JPY1.1 billion ($10 million) investment from Innovation Network Corporation of Japan (INCJ), Sparx Group and Mitsubishi UFJ Capital.
Intel Capital, the captive VC arm of Intel Corp, appears to have abandoned plans to offload some of its investments in technology companies, with Wendell Brooks (pictured), the unit’s president, saying there will be no major changes to the portfolio.
Healthcare-focused GP Lily Asia Ventures and SBCVC have participated in a RMB100 million ($15 million) Series A round for 360 Haoyao, an online drug seller established by Chinese software company Qihoo360 Technology.
Singapore-based mobile gaming platform developer Cloud Alliance has raised $5 million in Series A funding from Aetius Capital.
Komeda Coffee, a coffee shop chain owned by North Asia-focused MBK Partners, has won approval for a Tokyo IPO. The indicative price suggested the offering will be worth up to JPY60.2 billion ($547.4 million).
While other VC firms have seen significant jumps in fund size as they target the growth space, WI Harper's latest Asia-US vehicle will remain focused on early-stage deals with a cross-border angle
Bruno Bézard, previously the head of France's Treasury Department, will join Cathay Capital and help the Sino-French PE firm launch a new fund.
Minority shareholders of Chinese auto services company Autohome have filed a petition against a recent move by Telstra to sell the majority of its controlling stake to Ping An Insurance Group for $1.6 billion.
VC-backed companies in Asia led a worldwide surge of investments in financial technology companies in the first quarter of 2016, according to a new report from KPMG and CB Insights (CBI).
Healthcare specialist Vivo Capital has closed its latest Sino-US venture capital fund with around $100 million in commitments. The vehicle will focus on early-stage investments.
Kyobo Life Insurance, Korea’s third-largest insurer, has entered the bidding process for MBK Partners-owned ING Life Korea.
CITIC Capital Partners overcame strategic competition to buy a majority stake in Tri-Wall. After six years and significant financial and geographic expansion, it is exiting to a strategic player
Micro VC firms are a relatively new segment in China’s venture capital ecosystem, the product of angel investors going institutional. They focus on early stage deals, but as demand grows, will they stay there?
Two Chinese companies – Everbright Securities and entertainment specialist Beijing Baofeng Technology – have acquired a 65% stake in Italy-based sports media rights firm MP & Silva (MPS).
China Zhejiang Yinlun Machinery, a Shenzhen-listed manufacturer of heat exchangers, has acquired US-based counterpart Thermal Dynamics International (TDL) for $56.65 million, facilitating a full exit to US private equity backer Evergreen Pacific Partners.
Benlai.com, a Chinese B2C-focused online grocery supplier, has raised an extended Series C round of funding worth $17 million.