Australian private equity firm Anacacia Capital has completed two new acquisitions in the health and education sectors: healthcare equipment manufacturer Oxford Group and Careers Training...
Australasia | 16 Dec 2013 |
Early-stage venture capital firm Artesian is aiming to launch Australia's first equity crowdfunding platform in February.
Australasia | 12 Dec 2013 |
Paul Costello, the non-executive Chairman for Australia and New Zealand at The Blackstone Group, has resigned after two years with the firm.
People | 11 Dec 2013 |
Quadrant Private Equity has acquired a majority stake in Zip Industries, an Australian developer of small-scale hot water systems capable of delivering boiling water instantly. Its signature product the Zip HydroTap is popular domestically and exported...
Buyouts | 11 Dec 2013 |
A recognized investor in fine foods, jewelry and ladies fashion, L Capital’s decision to back 2XU – an Australian manufacturer of compression sportswear – may seem a slight departure. In fact it could not have been a more perfect fit.
Expansion | 11 Dec 2013 |
From fundraising and secondaries to deal flow and exit strategies, private equity professionals from across the region give their perspective on the year to come
North Asia | 11 Dec 2013
Bifurcation in the fundraising market as LPs play it safe with managers they know; South Korea and India emerge as buyout bright spots; positive signs for IPOs after a difficult 12 months
Fundraising | 11 Dec 2013 |
Ingogo, the Australian start-up behind the mobile taxi-booking app of the same name, has raised a A$3.4 million ($3.1 million) from a group of PE investors ahead of a listing on the Australian Securities Exchange (ASX) next year.
Australasia | 10 Dec 2013 |
APN News & Media has agreed to exit its interest in advertising business APN Outdoor to joint venture partner Quadrant Private Equity for A$69 million ($66.5 million).
Buyouts | 06 Dec 2013 |
Australia's Nine Entertainment - which was saved from receivership by US hedge fund backers Oaktree Capital Group and Apollo Global Management - has raised A$631 million ($576.45 million) after pricing its IPO at the bottom end of the indicative range....
Australasia | 05 Dec 2013 |
Shares in Australian electronics retailer Dick Smith Holdings, which is backed by Anchorage Capital Partners, gained 3.6% on their trading debut on Wednesday before settling back to A$2.20, the same as the IPO price. The offering earlier raised A$344.5...
Exits | 04 Dec 2013 |
Rocket Internet’s Zalora Group has raised $112 million in funding from US-based Access Industries, Scopia Capital Management and other unnamed institutional investors. Southeast Asia-focused Zalora.com and Australia’s The Iconic are part of Zalora...
Southeast Asia | 04 Dec 2013 |
Crescent Capital Partners-owned travel insurer Cover-More Group is targeting a A$521.2 million ($475 million) IPO on the Australian Securities Exchange.
Exits | 03 Dec 2013 |
L Capital, the private equity firm backed by luxury goods conglomerate LVMH, has acquired a 40% stake of 2XU, an Australian sports apparel brand, for a reported A$75 million ($68.3 million). The transaction represents a partial exit for previous backers...
Consumer | 02 Dec 2013 |
Blackbird Ventures has invested A$250,000 ($227,645) to lead a A$500,000 round of funding for Melbourne-based CoinJar, a bitcoin wallet and exchange provider. Angel investors in the round include RetailMeNot founders Guy King and Bevan Clark and game...
Australasia | 02 Dec 2013 |
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India's private equity industry is in a state of transition, and only funds that are nimble on their feet and adaptive will ultimately survive. Find out what you need to navigate India's changing landscape at the 14th Annual AVCJ Private Equity & Venture India Forum on 5-6 December. Last year's Forum was attended by more than 250 top executives coming from 15 different countries and territories around the globe. Over 50 LPs joined the event, including dozens of foreign investors looking to increase their allocations to India or to invest in the country for the very first time. The conference featured in-depth analysis about India's private equity industry with sessions that covered topics ranging from confronting the difficult exit and fundraising environment, to understanding regulatory changes, to predicting where the industry will likely be in 2015.
Date: 5-6 December 2013
Venue: Tal Lands End, Mumbai
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.
, Four Seasons Hotel, Sydney