North Asia-focused buyout player MBK Partners has hired Stephen Le, formerly of Deutsche Bank, to co-head a newly-launched fund that will make credit and special situations investments.
Advantage Partners has sold its majority stake in Japanese massage chain operator Riraku at a valuation of approximately $300 million, securing a 12x money multiple.
Bain Capital Private Equity and Goldman Sachs have agreed to sell their majority stake in Carver Korea, a specialist cosmetics supplier, to Unilever in a deal worth EUR2.27 billion ($2.7 billion).
Korean institutional investors favor private debt over other alternatives asset classes because of its long tenor and stable cash flows. Multi-credit strategies are likely to launch as more capital is allocated overseas
Japanese conglomerate Toshiba Corporation has reached a final agreement to sell its Nand flash memory unit to a consortium led by Bain Capital for JPY2 trillion ($17.8 billion).
Japan’s Mizuho Bank has launched a private equity fund focused on middle-market companies in the ASEAN region with a target corpus of $250 million.
Formation Group, a Silicon Valley and Asia-focused venture capital firm established by Formation 8 co-founder Brian Koo, has invested KRW112.5 million ($99 million) in the online-to-offline (O2O) services unit of Korean mobile internet platform Yello...
Japanese conglomerate Toshiba has signed a memorandum of understanding (MOU) with Bain Capital regarding the sale of its Nand flash memory unit to a consortium led by the PE firm.
Infostellar, a Japanese company developing cloud-based satellite communication technology, has closed a $7.3 million Series A funding round led by US-based Airbus Ventures.
Singapore investor Golden Equator Capital and Korean research organization C&R Healthcare Global have jointly launched an incubation program that will help Korean healthcare start-ups execute Asian expansions via Singapore.
J-Star has made a full exit from Japanese pet services business Three Arrows to domestic GP Création Capital, its co-investor on the original deal.
The Carlyle Group has agreed to reduce its stake in Japan-listed manufacturing industry equipment supplier Tsubaki Nakashima from about 47% to 2.4%.
L Catterton Asia has led a consortium including Groupe Arnault - the family office of LVMH founder Bernard Arnault, which is one of the firm's LPs - to purchase a stake in Gentle Monster, a South Korean sunglasses and eyewear brand.
Tech Bureau, a Japan-based cryptocurrency exchange platform operator, has received JPY1.6 billion ($14.8 million) in Series B funding led by domestic venture capital firm Jafco.
Korea's push for chaebol reform is expected to create more PE investment opportunities as conglomerates are pressured to divest assets, but GPs told the AVCJ Korea Forum that they have to be careful in picking the right deals because asset quality varies.
Affinity Equity Partners is betting on Asian appetites for high-quality food containers in its acquisition of South Korea's Lock & Lock
A diverging supply-demand dynamic in private equity fundraising is threatening the GP-LP alignment of interest. Concessions on both sides are needed in the interests of long-term stability
J-Star has acquired Sun Smile, a Japanese manufacturer of consumer products aimed at young women.
Korea’s financial technology sector is affording start-ups disruption opportunities based on an outdated infrastructure environment. Early movers are experimenting with a number of business models
Daniel Shin, chairman of TMON – formerly known as Ticket Monster – dissects the competitive Korean e-commerce space, with an eye on how new technological applications can provide an operational edge
Korean securities firms are building PE teams with a view to raising capital from third-party investors. There is government support for these efforts, but independent GPs aren’t worried about increased competition
Interest from foreign LPs in Korea’s middle-market is rising, but the segment is still dominated by domestic institutional investors. Changes to this dynamic are unlikely to arrive soon
The Blackstone Group has appointed Katsuyuki Kuki, who previously spent nine years as an investment banker with J.P. Morgan, as its chairman and representative director for Japan.
Affinity Equity Partners has agreed to acquire a majority stake in Lock & Lock, a South Korean manufacturer of airtight food containers and kitchen household goods for KRW629.3 billion ($562 million).