The Teachers’ Retirement System of the State of Illinois hit rich with its first co-investment in the region – Alibaba Group. It is looking for more direct exposure globally and expects...
LPs | 28 Jan 2015
Chinese social networking platform Renren has committed $40 million to Motif Investing, a US-based online broking platform that has previously received funding from several venture capital investors.
Financials | 27 Jan 2015 |
Global buyout deal flow reached $332 billion in 2014, the highest annual total in seven years according to Preqin, in part thanks to cheap credit in the US. However, John Connaughton, managing director at Bain Capital, argues that the market has yet to...
North America | 26 Jan 2015 |
The California Public Employees’ Retirement System (CalPERS) saw an improvement in performance from its private equity portfolio in the year ended June 2014, although buoyant public markets led the strong short-term returns.
Performance | 23 Jan 2015 |
Chinese agritech-focused PE firm Hosen Capital has acquired Ruprecht, a US beef processor, for an undisclosed sum.
Consumer | 23 Jan 2015 |
Chinese GP ClearVue Partners has teamed up with US-based Catterton to provide a round of funding for Intercos, a European manufacturer of cosmetics and skincare products that wants to expand in China.
Greater China | 20 Jan 2015 |
Treasure Data - a Silicon Valley-based big data start-up founded by two Japanese entrepreneurs - has raised a $15 million Series B round of funding led by Scale Venture Partners with participation from AME Cloud Ventures.
Venture | 16 Jan 2015 |
Canada Pension Plan Investment Board (CPPIB) has formed a joint venture with Chinese real estate developer Longfor Properties to invest in a mixed-used project in Jiangsu province, China.
Greater China | 13 Jan 2015 |
Khazanah Nasional-controlled Xeraya Capital and Spruce Capital Partners have reached a first close of $150 million on MLS Capital Fund II, successor to the vintage Malaysian Life Sciences Capital Fund, which is now fully allocated.
Fundraising | 08 Jan 2015 |
Much is expected of Chinese private equity firms in terms of cross-border acquisitions in Europe and the US. While broader economic dynamics point to more deal flow, the GPs themselves are moving with caution
Buyouts | 07 Jan 2015 |
IDG Capital Partners has acquired a 10% stake in Bloomsky, a subsidiary of China’s Andon Health which develops weather data sensors, for $3 million.
Greater China | 06 Jan 2015 |
TPG Capital, PAG Asia Capital and their co-investor Ontario Teachers’ Pension Plan (OTPP) have followed up their acquisition of DTZ, the property services arm of Australia-listed UGL, with the purchase of US-based Cassidy Turley.
Buyouts | 06 Jan 2015 |
Tsing Capital and WLR China Energy Infrastructure Fund have participated in a Series D round of funding worth $44.5 million for Phononic, a US-based manufacturer of solid-state cooling and refrigeration devices.
Venture | 22 Dec 2014 |
Thai Union Frozen Products, the world’s largest producer of canned seafood, has agreed to buy Bumble Bee Seafoods from US-based GP Lion Capital for $1.5 billion.
Exits | 22 Dec 2014 |
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The outlook for the Australasian market is positive as a record number of IPO exits have provided strong returns for investors and has proven that PE can outperform listed equities and compete with global divestment figures. Fundraising in terms of dollar value has been high but the number of PE funds successfully raising new commitments has declined as investors flock to the best in class.
This is an intriguing time for Australasian PE as the industry continues to mature. GPs must evolve, diversify and display skills to drive value in a low-growth environment and justify future commitments when competing on a global state by achieving world-class results from current deals and exits.
4-6 March 2015, The Westin, Sydney
The AVCJ Indonesia Forum is back for a fourth year! Mark your calendars now and join us on March 24th, 2015 in Jakarta at Indonesia's longest running, largest and most prestigious industry gathering.
The market is relatively optimistic as a new government that is viewed favourable to a balanced investment arena is introduced and we see an increase in deal activity. The hopes for a flourishing PE market amid the euphoria of 2012 has not yet been realised but the potential is still present and now may well be the time for the country to take off in its own right and increase its reputation as THE hot market in Southeast Asia.
24 March 2015, Grand Hyatt, Jakarta