Ezaki Glico, a Japanese food company that markets a number of branded snack products, has acquired a majority stake in chocolate maker TCHO from US growth and venture capital firm Emil Capital Partners.
The Blackstone Group has shuffled its senior leadership – with Tony James, the firm’s president and COO, handing over day-to-day management duties to global real estate head Jon Gray – as part of efforts to address succession planning.
Sailing Capital has invested $30.6 million in Cellular Biomedicine Group (CBMG), a China and US-based biopharmaceutical company focused on immunotherapy cancer treatments.
French IT services company Capgemini has acquired US-based customer engagement firm LiquidHub, providing an exit for Indian private equity firm ChrysCapital.
Singapore’s EDBI has joined a group of venture investors in a $200 million Series B round for US-based Joby Aviation, a developer of electric vertical take-off and landing (eVTOL) aircraft envisioned for use as taxis.
Alibaba Group’s Ant Financial has abandoned its $1.2 billion acquisition of private equity-backed MoneyGram after failing to receive clearance from the Committee on Foreign Investment in the US (CFIUS).
Polaris Capital has agreed to sell Yodogawa Transformer, a Japanese power generation and equipment services company it acquired in early 2016, to Orix Rentec Corp.
David Rubenstein, co-founder and co-CEO of The Carlyle Group, discusses the likelihood of a global economic slowdown, areas of interest in Asia, and the evolution of the private equity funding model
Warburg Pincus has closed its first global private equity fund focused on financial services with $2.3 billion in commitments.
Stephen Pagliuca, co-chairman of Bain Capital, on carving out Toshiba’s flash memory business, rising valuations, and how functional and sector expertise will define the PE firms of the future
A group of Asian GPs including Hong Kong tycoon Li Ka-shing's Horizons Ventures has backed a Series B round of up to $107 million for US electric vehicle (EV) industry supplier Divergent 3D.
As governments worldwide examine their policy commitments to sustainable development, private investors can play a pivotal role in their strategies, industry participants told the AVCJ ESG Forum.
China-focused GP Primavera Capital and Paris-listed investment firm Eurazeo have together invested in WorldStrides, a US-based provider of study-abroad programs for high school and university students, with a view to supporting expansion in Asia and Europe.
Goldman Sachs and China Investment Corporation (CIC) have launched a private equity fund that is seeking to raise $5 billion to invest in US companies. The initiative is part of efforts to strengthen trade relations between the two countries.
Ctrip, Chna’s largest travel services provider, has made another outbound acquisition with the purchase of US-based Trip.com, which has previously received several rounds of venture capital funding.
Succession planning initiatives at the leading global buyout firms reflect the increasing diversification of these platforms - and that the personality-types so instrumental in their creation probably won't be seen again
Naspers has agreed to lead a Series D funding round of up to $115 million via its PayU unit to support an international expansion by US financial technology player Remitly, including a push into India.
Infrastructure is shedding its reputation for being a sleepy sector as Asian investors join a global surge of interest in the asset class. Strategic angling for the best deals will now require a more nimble approach
One of the founders of Canyon Bridge Capital Partners – a private equity firm backed by Chinese LPs that was blocked from buying US-based Lattice Semiconductor earlier this year – has been charged with insider trading.
Wonder Workshop, a US-based education robot maker with a strong presence in China, has raised a $41 million Series C round from a group of investors including Tencent Holdings, MindWorks Ventures and Softbank Korea.
US-based automotive technology developer Delphi Automotive has acquired Singapore-focused VC-backed driverless car start-up NuTonomy for $450 million.
Kewsong Lee and Glenn Youngkin will become co-CEOs of The Carlyle Group as the firm’s three co-founders, William Conway, Daniel D’Aniello and David Rubenstein, scale back their involvement.
Ontario Municipal Employees Retirement System (OMERS) will open an office in Singapore in January, adding to an Asia presence that already includes a base in Sydney.
Innovation Network Corporation of Japan (INCJ) and imaging giant Konica Minolta have completed a $1 billion joint acquisition of US-based Ambry Genetics, with a view to growing the company in Japan.