Quadrant Private Equity's last foray into pet services was relatively short-lived. It bought City Farmers for A$93 million ($84 million) in September 2013 and within 10 months had agreed...
Consumer | 03 Jun 2015 |
Wanda Cinema Line Corp, a subsidiary of Chinese property developer Dalian Wanda Group, has confirmed the acquisition of Australian cinema operator Hoyts Group from Pacific Equity Partners (PEP).
Media | 03 Jun 2015 |
Quadrant Private Equity has agreed to acquire Australia-based VIP Petfoods, the world’s largest producer of fresh chilled pet food, for A$410 million ($313 million).
Buyouts | 01 Jun 2015 |
Survey Sampling International (SSI), a US-based market research company backed by Palo-Alto PE firm HGGC, will acquire online research panels MyOpinions, of Australia, and SmileCity Limited, of New Zealand.
Australasia | 28 May 2015 |
Tales of large pension funds and sovereign wealth funds gathering in five-star hotels to map out their ultimate dominance of private equity are legion, if perhaps overblown.
Australasia | 27 May 2015
Australia-based QIC has teamed up with California Public Employees' Retirement System (CalPERS) to create a A$1 billion ($764 million) Asia-Pacific focused infrastructure partnership.
Australasia | 21 May 2015 |
Australia-based Private Equity Gateway Group (PEGG) has invested in U&Me Communication, a subsidiary of Malaysia’s OM Technology that has developed a mobile messaging platform.
Venture | 20 May 2015 |
A consortium led by Macquarie Infrastructure & Real Assets (MIRA) has agreed to buy Crown Castle International’s Australia telecom towers business for A$2 billion ($1.6 billion) in cash.
Infrastructure | 15 May 2015 |
The Australian government has finalized changes to its significant investor visa (SIV) program, which will see more capital funneled into domestic venture capital.
Venture | 15 May 2015 |
PAG Asia Capital has launched its second pan-regional fund and is looking to raise $3 billion. The GP, which is led by Weijian Shan, formerly of TPG Capital, closed its maiden fund at $2.5 billion in 2012.
Fundraising | 14 May 2015 |
Australian resources-focused investor EMR Capital has served as cornerstone investor for listed mining company Highfield Resources' A$120 million ($101 million) share placement.
Industrials | 13 May 2015 |
The Australian government has allocated A$7.8 million ($6.2 million) to develop crowd-sourced equity funding (CSEF) and offered tax breaks for start-ups in its latest federal budget.
Australasia | 13 May 2015 |
When Australian entrepreneur Melanie Perkins taught design in schools, she noticed that students struggled when using traditional software such as Adobe Photoshop and InDesign. Clearly there could be a simpler solution.
Venture | 12 May 2015 |
Australia's Tank Stream Ventures has raised a A$20 million ($15.8 million) fund to invest in local tech start-ups.
Australasia | 12 May 2015 |
DTZ, a property services provider owned by TPG Capital, PAG Asia Capital and co-investor Ontario Teachers’ Pension Plan (OTPP), has agreed to buy industry peer Cushman & Wakefield for an enterprise value of $2 billion.
Buyouts | 12 May 2015 |
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In 2015, China is expected to experience a "new normal of growth". For private equity investors, China's new stage of growth represents huge opportunities: an increase of 270% in online consumption, the reform of over a hundred sovereign-owned enterprises, trillion-dollar investments into overseas infrastructure projects, the rising entrance of young entrepreneurs, and many more.
To be held on 28 and 29 May, the 14th annual AVCJ China Forum 2015 in Beijing will feature these exciting topics and bring together top-notch speakers from across the world.Join the premium industrial gathering of over 300 private equity professionals, regulators and senior executives for two days of mind-provoking discussions, networking and more.
28-29 May 2015, China World Summit Wing,Beijing
There is a feeling that now is a shrewd time to invest in Japan and take advantage of the favourable conditions for private equity. Valuations are low compared with the rest of Asia and strategic buyers and the IPO market are providing an attractive route for exits. There are also signs that corporate Japan is slowly coming around to engaging PE as a potential buyer for non-core assets and recent developments at the GPIF suggest that PE will be under strong consideration for allocations from pension funds in the near future as well as regional banks committing to the asset class right now.
The macro concerns that have been present for many years still remain in terms of low growth and currency depreciation but these are encouraging times for fund managers looking to both raise capital from Japanese LPs and make investments.
245-26 June 2015, Conrad Hotel, Tokyo