Sydney Angels, a syndicate of high-net-worth individuals that invests in Australian start-ups, has launched its second fund with a view to raising up to A$20 million ($15 million).
IFM Investors, an investment manager owned by 29 Australian superannuation funds, has opened an office in Hong Kong and been granted a license by the Securities & Futures Commission.
Australia’s QIC has reached an agreement with Ping An Asset Management (PAAMC), the asset management arm of Ping An Insurance, which will allow the Chinese group to tap into QIC’s experience in alternatives.
New Zealand artificial intelligence (AI) company Soul Machines has raised a $7.5 million Series A round of funding from investors including Horizons Ventures and Iconiq Capital.
Australia’s Impact Investment Group has raised A$13 million ($10 million) for a domestically focused venture capital fund. The initial target was A$10 million.
Australia-listed growth-stage private equity firm Bailador Technology Investments has launched a A$17.4 million ($13 million) capital raising.
Sydney-listed growth-stage investor Bailador Technology Investments has led a A$7 million ($5.2 million) funding round for domestic IT company Instaclustr alongside two domestic VCs.
EMR Capital has raised $860 million for its second fund, which will focus on control deals involving copper, gold, coking coal and potash - each of which is expected to see strong demand from China
Singapore's move to strengthen its financial technology ecosystem underlines the importance of creating appropriate infrastructure and incentives for start-ups in the space
Malaysia’s Employees’ Provident Fund (EPF) and Australia-based QIC differ markedly in terms of the maturity of their PE programs, but there is a common interest in establishing close ties to a limited number of GPs and pursuing co-investment.
Australian resources-focused PE investor EMR Capital has reached a final close of $860 million on its second mining fund, above the target of $750 million.
Quadrant Private Equity has made two further Australia tourism acquisitions, adding ferry and tour service Rottnest Express and cruise operator Cruise Whitsundays to a platform that already includes Great Southern Rail (GSR).
Accolade Wines, an Australian wine producer owned by CHAMP Private Equity, has agreed to acquire domestic peer Fine Wine Partners from Japanese-owned food and beverage company Lion.
New Zealand venture capital firm Movac has achieved a first close on its fourth technology-focused fund with NZ$105 million ($74.5 million) in commitments.
Asia is increasingly a target for private equity firms on the fundraising trail, but the region’s LP base can be difficult to penetrate, with huge variations in size, appetite and sophistication
Chinese private equity firm Hony Capital has re-upped in Australia-listed oil and gas supplier Santos for A$159.2 million ($120.8 million).
Sydney-based private equity firm Wattle Hill RHC Funds has achieved a first close on its debut Sino-Australia cross-border fund with $200 million in commitments. The overall target is $300 million.
American Industrial Partners (AIP) will buy Moly-Cop, the mining consumables division of struggling Australian mining and materials giant Arrium for an enterprise value of $1.23 billion.
Quadrant Private Equity has taken control of Australian restaurant operator Rockpool Group via a bolt-on acquisition by existing portfolio company Urban Purveyor Group (UPG).
Wolseley Private Equity has agreed to sell its controlling stake in Australian building maintenance equipment company Facade Access to Swedish industrial sector supplier Alimak for A$120 million ($92.1 million).
Ingham’s Enterprises, an Australian poultry producer bought by TPG Capital three years ago, has scaled back its domestic IPO to a target of A$596.4 million ($457 million).
Australia's Future Fund appears to have overcome the philosophical and structural challenges facing face large-ticket LPs that want exposure to early-stage innovation
EQT Partners has agreed to pay Australian logistics conglomerate Brambles $130 million for its aviation industry services unit, Chep Aerospace Solutions.
Private equity – and in particular venture capital and growth equity – is “more important now than it has ever been” to Future Fund’s overall portfolio, the Australian sovereign wealth fund said in its annual report.