Chinese conglomerate Fosun International and TPG Capital have together acquired Canadian circus entertainment company Cirque du Soleil with a view to growing the business in China.
Buyouts | 21 Apr 2015 |
US-based social media management software developer Sprinklr has raised JPY1 billion ($8.4 million) in a Series A round to support its Japan branch, with participation by Recruit Holdings and Suneight.
North Asia | 17 Apr 2015 |
Chinese social networking platform Renren has led a $70 million Series C round for US-based mortgage marketplace LendingHome, bringing the total raised by the company to $109.3 million.
North America | 14 Apr 2015 |
Johnson & Johnson Innovation (JJDC) - the venture capital arm of the eponymous healthcare and consumer goods multinational - has committed to $15 million to Vivo Capital's latest US and China-focused healthcare fund.
Fundraising | 08 Apr 2015 |
Premji Invest, the family office of Wipro Enterprises chairman Azim Premji, led an $80 million Series C round for US mobile operating system developer Cyanogen.
Media | 25 Mar 2015 |
Healthcare-focused Vivo Capital has attracted increasing attention from LPs for its hybrid focus on the US and China. As testament to this, its latest fund - Vivo Capital Fund VIII - closed at $750 million after nine months in the market, with demand...
Greater China | 25 Mar 2015 |
Remitly, a US-based remittance service that targets Asian expatriates, has raised $12.5 million in a Series B funding round led by DFJ.
Consumer | 24 Mar 2015 |
Japan's Rakuten will pay $410 million to acquire US-based digital book marketplace OverDrive from Insight Venture Partners, a US private equity and venture capital firm.
North America | 20 Mar 2015 |
Pennsylvania State Employees’ Retirement System (PennSERS) has agreed to invest $50 million in Primavera Capital’s second China fund.
LPs | 16 Mar 2015 |
Japanese e-commerce player Rakuten has led a $530 million Series E round of funding for US ride sharing app Lyft - valuing the business at $2.5 billion. Fortress Investment Group also participated.
Technology | 13 Mar 2015 |
A consortium led by Chinese GP SummitView Capital has agreed to buy NASDAQ-listed semiconductor manufacturer Integrated Silicon Solution (ISS). The deal values the company at approximately $639.5 million.
Buyouts | 13 Mar 2015 |
Beauty-focused e-commerce start-up Memebox has raised a $17.5 million Series B round of funding from a consortium of VC backers.
Consumer | 12 Mar 2015 |
Alibaba Group plans to commit $200 million to US-based social network Snapchat.
Greater China | 12 Mar 2015 |
Australian fund manager IFM Investors has agreed to pay $5.7 billion for a 66-year concession on a US toll road that crosses northern Indiana. It filed for bankruptcy last year due to heavy debts and low traffic volumes.
Infrastructure | 12 Mar 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