YJ Capital - the corporate venture capital arm of Yahoo Japan - and East Ventures have invested JPY260 million ($2 million) in Use Local, a Japanese big data start-up.
Early stage | 27 May 2015 |
A small but growing band of GPs are modifying the conventional PE fund model in favor of solutions that better meet their needs. For those with long-hold, asset-heavy strategies, the future may lie in platforms
Infrastructure | 27 May 2015 |
Two years ago CLSA Capital Partners made its maiden investment from Sunrise Capital II, a $210 million Japan-focused fund that launched 16 months earlier. The company was BCN, a used car auction site operator based in Saitama prefecture, which CLSA acquired...
North Asia | 27 May 2015 |
Marunouchi Capital has sold the last of its stake in Japanese toymaker Takara Tomy via an open market sale.
Exits | 27 May 2015 |
Japanese bathroom fitting company Lixil is set to lose at least JPY41 billion ($337 million) after its German-listed Chinese subsidiary, Joyou AG, filed for bankruptcy. Lixil acquired the business after it bought German faucet maker Grohe from TPG Capital...
North Asia | 26 May 2015 |
Bain Capital is set to make another partial exit from Japanese casual dining chain Skylark, reducing its stake from 66% to under 50%.
Exits | 22 May 2015 |
CLSA Capital Partners has acquired a majority stake in Japanese automotive tools retailer Worldtool in a deal that values the business at around JPY10 billion ($82.8 million).
North Asia | 22 May 2015 |
IBM BlueHub - IBM's Japan incubation program - has started taking applications for its second start-up accelerator in partnership with Tokyo-based early-stage investor Samurai Incubate.
Early stage | 21 May 2015 |
Japan's Mizuho Securities and China Merchants Group (CMG) have launched China-focused growth equity fund, which is looking to raise a total $200-250 million. Mizuho has contributed $20 million to the vehicle.
Greater China | 18 May 2015 |
Turnaround specialist Japan Industrial Solutions (JIS) has invested JPY25 billion ($208 million) in ailing electronics group Sharp as part of JPY225 billion bailout.
North Asia | 18 May 2015 |
Arbor Ventures has led an additional $5 million round of funding for Exchange Corporation (ExCo), the Japanese start-up behind e-commerce payment and instant credit service Paidy.
North Asia | 15 May 2015 |
CLSA Capital Partners have invested an undisclosed sum in Asamiya, a Japanese low-cost food and beverage (F&B) manufacturer.
North Asia | 15 May 2015 |
PAG Asia Capital has launched its second pan-regional fund and is looking to raise $3 billion. The GP, which is led by Weijian Shan, formerly of TPG Capital, closed its maiden fund at $2.5 billion in 2012.
Fundraising | 14 May 2015 |
Intermediate Capital Group (ICG) has invested an undisclosed sum in Time Education, a privately-owned education company in Korea that provides tutoring services from kindergarten through high school.
Mezzanine | 13 May 2015 |
China's appetite for fashion is massive and growing. A recent report by the Fung Business Intelligence Centre put the country’s apparel retail market at around RMB1.14 trillion ($187 billion) in 2013, up 11.6% from the previous year. China is expected...
Buyouts | 12 May 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