Australia’s Future Fund continues to boost its exposure to private equity, with 10.8% of its assets – or A$12.6 billion ($8.8 billion) – deployed in the asset class as of June 2015....
LPs | 04 Sep 2015 |
Simcro, a New Zealand-based animal drug delivery firm controlled by the Riverside Company, has completed two bolt-on acquisitions.
Australasia | 02 Sep 2015 |
Pacific Equity Partners (PEP) has completed its exit from Australian cleaning and catering contractor Spotless Group – which it privatized in 2012 and re-listed last year – through a A$374.3 million ($268.6 million) block trade.
Exits | 28 Aug 2015 |
JIDA Capital Partners, an investment arm of New Zealand’s HRL Morrison & Co, and Shenzhen-based CGN Private Equity have reached a first close of RMB1.87 billion ($292 million) on their China-focused renewable energy fund.
Greater China | 25 Aug 2015 |
Anchorage Capital Partners has agreed to buy Affinity Education for A$208.3 million ($150 million) after the Australian Securities Exchange-listed company spurned a rival offer from G8 Education.
Buyouts | 25 Aug 2015 |
Ben Gray, managing partner at TPG Capital, is preparing to set up his own private equity firm focused on investment opportunities in Australia.
Australasia | 20 Aug 2015 |
QIC, an investment manager controlled by the Queensland government, has reached a first close of more than A$1 billion ($735 million) on its global infrastructure fund. The overall target is A$1.75 billion.
Fundraising | 04 Aug 2015 |
The Riverside Company has acquired in IPAR Rehabilitation, an Australia-based provider of injury prevention and management and rehabilitation services that minimize the impact of workplace injury and illness.
Buyouts | 03 Aug 2015 |
US cloud computing firm Salesforce has a led $7 million round for Australian marketing platform Autopilot, alongside Stage1 Capital. Existing investors include Rembrandt Venture Partners, Blackbird Ventures, Southern Cross Venture Partners, Garnett Ventures...
Australasia | 31 Jul 2015 |
National Australia Bank (NAB) will set up a A$50 million ($36 million) fund to invest in start-ups that help enhance its financial services product offerings.
Financials | 30 Jul 2015 |
Booktrack, a New Zealand-based company that provides movie-style soundtracks and ambient audio for eBooks, has raised $5 million in Series B funding led by Coent Venture Partners and Sparkbox Ventures.
Media | 28 Jul 2015 |
Costa Group, an Australia-based fresh fruit and vegetables producer controlled by Paine & Partners, is trading below its IPO price following a $550 million ($401 million) offering.
Exits | 27 Jul 2015 |
Australasia distress specialist Allegro Funds has announced the third investment from its second fund with the acquisition of a controlling stake in Carpet Court, a New Zealand-based flooring retailer.
Buyouts | 27 Jul 2015 |
Mining and metals investor Greenstone Resources has committed up to A$20 million ($14.6 million) to Heron Resources, an Australia-listed company currently developing a zinc-copper project in New South Wales.
PIPEs | 24 Jul 2015 |
Pacific Equity Partners (PEP) has agreed to sell Energy Developments, an Australia-based provider of distributed power to the mining industry, to utilities business Duet Group for an enterprise valuation of A$1.92 billion ($1.4 billion).
Exits | 21 Jul 2015 |
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The AVCJ Forum is the leading private equity and venture capital event in Asia. For 28 consecutive years, the AVCJ Forum has been the chosen platform where private equity's leading figures share their views on the Global and Asian market, debate their predictions and set the trends that shape the future of investments in the industry. Attended by a thousand senior delegates, the AVCJ Forum is the center of a weeklong ecosystem of investor meetings, VIP dinners and other high-level networking events that are supported by the biggest and most influential firms in the alternative assets industry.
These are important times for the private equity industry. General partners are becoming a more important and influential force in the global markets. With the diversification into other classes of the alternative space, private equity firms are cornering the market for private market investing by offering companies customized solutions for their financing needs. Traditional private equity firms have also upped their game with a renewed focus on operational value-add. Also back on the top are venture capitalists as they fuel the skyrocketing of the technology company valuations. Meanwhile, the Limited Partners community is also evolving with many positioning themselves as co-investment partners and branching out into direct investments while others continue to play the passive traditional LP role.
The AVCJ Forum will discuss all of the above and more. Don't miss the opportunity to keep abreast of all the crucial changes and developments in private equity and take part in the high level discussions that will create the outlook for the industry's future.
3-5 November 2015, Four Seasons Hotel, Hong Kong