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 |
A consortium of Japanese investors has acquired Country Pure Foods, a US-based food service juice manufacturer, from US private equity firm Mistral Equity Partners.
Exits | 10 Mar 2015 |
Alibaba Group has led a Series C1 round of funding worth $60 million for US app search engine Quixey, as the Chinese e-commerce giant continues to ramp up its presence in the US tech sector.
North America | 09 Mar 2015 |
Healthcare-focused GP Ally Bridge has participated in a $57 million round of funding for EndoChoice, a US-based endoscopic imaging specialist, with a view to helping the company to expand in China.
Venture | 09 Mar 2015 |
Over five years spent investing in Asian private equity, Arizona Public Safety Personnel Retirement System (Arizona PSPRS) has gradually moved from a pan-regional to a country-focused approach.
People | 04 Mar 2015
The government-backed Innovation Network corporation of Japan (INCJ), life sciences company JSR Corporation, and pharmaceutical research firm CMIC Holdings have together purchased US-based KBI BioPharma for an undisclosed sum.
North America | 03 Mar 2015 |
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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