SBI Investment, the VC arm of Japan’s SBI Holdings, has launched a JPY50 billion ($450 million) fund that will focus on artificial intelligence (AI) and blockchain technology.
A turbulent 2017 for South Korea in both domestic and international politics has complicated private equity agendas across a number of sectors, but GPs are tracking some positive aftereffects.
Overseas institutional LPs – in particular those willing to write larger checks – have found it difficult to access Asia's private equity market, industry participants told the HKVCA Asia Private Equity Forum.
Space technology is being democratized outside its historical geographic and institutional spheres of development. As private investors get on board, a new range of risks and rewards is coming into focus
Japan’s Government Pension Investment Fund (GPIF) – the world’s largest pool of retirement savings – has awarded a global infrastructure fund-of-funds mandate to StepStone Group.
Korea's VIG Partners completes its second OEM deal in six months with the $207 million acquisition of Youyoung, a supplier of materials used in running shoes
J-Star has acquired a majority stake in Japanese restaurant operator Section Eight and invested in new and pre-owned car dealer Sanwa Service.
Japanese venture capital firm Global Brain has led a JPY1.5 billion funding round for domestic online shopping start-up Base.
Brookfield Asset Management has agreed to buy the Westinghouse nuclear power unit from Japan’s Toshiba Corporation in a deal worth approximately $4.6 billion.
VIG Partners has acquired Youyoung, a Korea-based supplier of materials used in running shoes, for an enterprise valuation of KRW220 billion ($207 million).
Innovation Network Corporation of Japan (INCJ) has joined a JPY3.7 billion ($33 million) Series C funding round for Megakaryon, a domestic medical research company.
Affinity Equity Partners has completed a first and final close on its fifth pan-Asian fund at the hard cap of $6 billion.
MBK Partners has promoted Bryan Byungsuk Min, currently the firm’s COO, to partner.
Every, a Japanese media company focused on lifestyle-oriented and smartphone-accessible content, has raised about JPY2.1 billion ($18.3 million) from a number of VCs, including World Innovation Lab.
J-Star has agreed to exit Japanese drugstore chain Aisei Pharmacy to company management less than two years after completing a JPY11.4 billion ($101 million) privatization.
Goldman Sachs, MBK Partners, Owl Creek Asset Management and PAG Asia Capital have profited handsomely from their efforts to bring more families to Universal Studios Japan
Over the course of four years, Advantage Partners doubled Japanese massage chain operator Riraku’s store count and tripled EBITDA. A 12x money multiple on exit was its reward
Vedanta Resources, a metals and mining company founded in India and now headquartered in London, has agreed to assume control of Japanese LCD glass manufacturer AvanStrate from The Carlyle Group.
With Korean cosmetics brands trading at high valuations, VIG Partners thinks it got a bargain by moving upstream and buying a niche supplier to the skincare industry
Intermediate Capital Group (ICG) has invested $200 million for a substantial minority stake in Yudo China Holdings, a Korea-headquartered plastic injection molding specialist, as part of efforts to consolidate the business ahead of an IPO.
Standard Chartered Private Equity (SCPE) has acquired a controlling interest in Sung Gyung Food, South Korea’s second largest toasted and seasoned seaweed producer, for $123.5 million.
J-Star has acquired Japanese restaurant operator Echigoya with a view to accelerating a domestic franchising strategy.
MBK Partners has completed its tender offer for Japanese electronic components manufacturer Kuroda Electric, having received support from more than 50% of shareholders for the JPY102 billion ($895 million) deal.
J-Star has exited the last portfolio company in its debut fund, selling Taiheiyo Seiki Holding – a manufacturer of parts for construction machinery – to a subsidiary of Takitai Group for around $28 million.