Sushiro Global Holdings, a sushi restaurant chain majority-owned by Permira, is looking to raise up to JPY82.4 billion ($728 million) through an IPO in Tokyo.
A group of investors including GSR Ventures has committed $15 million to C3Nano, a US-based supplier for the touchscreen and digital display industry looking to expand its footprint in China and Korea.
Ant Financial, the financial services affiliate of China’s Alibaba Group, has agreed invest $200 million in a dedicated mobile finance platform that will soon be launched by South Korean internet giant Kakao Corp.
Japanese e-commerce company Mercari has agreed to acquire domestic competitor Zawatt, setting up an exit for a number of venture capital backers.
Global Brain has led a Series A funding round of undisclosed size for Trillium, a Japanese cybersecurity company focused on the emerging autonomous vehicle industry.
South Korea VIG Partners closed its third fund at the hard cap of $600 million, having won over LPs with its past history and future prospects in buying and building middle-market consumer businesses
Indian PE-backed renewable energy producer ReNew Power Ventures has raised $200 million from Japanese energy producer JERA.
SoftBank Group has agreed to acquire Fortress Investment Group – which manages $36.7 billion in alternatives – for approximately $3.3 billion in cash. It puts the Japanese company on course to become one of the world’s largest asset managers.
Private equity investors in Asia are responding to an increasingly competitive deal-sourcing environment with a stronger focus on value-add, but successful implementation will require a cultural commitment
CITIC Capital raises $268 million for third Japan fund, benefiting from an upturn in investor sentiment that should prove to be a boon for Japanese GPs in general
Azerbaijan’s state oil fund (SOFAZ) has agreed to invest $100 million in a Japan-focused logistics vehicle being raised by e-Shang Redwood (ESR), a pan-Asian logistics services company that has a string of private equity backers.
VIG Partners has closed its third Korea-focused fund at $600 million, with support from new and existing investors including Korea’s National Pension Service (NPS).
ING Life Korea, a Korean insurer that MBK Partners acquired in 2013 from ING Groep, has applied for regulatory approval for a domestic IPO.
Japan-based investor Beyond Next Ventures has led a JPY380 million ($3.4 million) round for domestic healthcare software developer CureApp.
The Longreach Group is understood to have reached a first close of approximately $200 million on its third North Asia-focused mid-market buyout fund, which has a particular focus on Japan. The full target is $650 million.
General Electric's sale of its stake in Hyundai Card was complicated by joint venture partner Hyundai Motor Group staying involved. Affinity Equity Partners leveraged its existing relationship with the conglomerate to seal the deal
STIC Investments has raised $530 million for a fund that will target restructuring opportunities involving Korean conglomerates. Executive Managing Partner Hans Jung explains the strategy
CITIC Capital Partners has achieved a final close on its third Japan buyout fund at the hard cap of JPY30 billion ($268 million). Three investments have already been made from the vehicle across retail and healthcare.
Innovation Network Corporation of Japan (INCJ), SBI Investment and Dentsu Digital Holdings have contributed to a JPY800 million ($7.1 million) funding round for Tokyo-based financial technology company Coiney.
Jafco and several other Japanese venture capital firms have joined a JPY1.8 billion ($18.7 million) Series A round for Japanese stock-trading app developer Folio.
Kim Yong Kook, head of Invest Korea, discusses key trends in the country's investment environment
ISigma, a mid-size buyout firm controlled by trading and investment conglomerate Marubeni, has exited its 100% stake in Japanese food and beverage company Sweet Style to Mitsuuroko Group.
Global secondary market volume reached $42.15 billion last year, failing to eclipse the consecutive record annual totals of $49.3 billion and $49.6 billion in 2014 and 2015, according to Setter Capital.
New York State Teachers’ Retirement System (NYSTRS) has disclosed a commitment of $100 million to MBK Partners’ fourth North Asia buyout fund, which closed at $4.1 billion in December 2016.