Harjit Bhatia has returned to Asia Growth Capital Advisors (AGCA) as executive chairman. He left the firm in 2012 to become managing partner and CEO at PineBridge Asia Partners.
People | 18 Dec 2014 |
India Value Fund Advisors (IVFA) has exited Music Broadcast, which runs FM radio station Radio City, to Jagran Prakashan, a listed Indian media conglomerate backed by The Blackstone Group.
Exits | 18 Dec 2014 |
When The Carlyle Group first parted ways with India-based publishing and technical services provider Newgen KnowledgeWorks in 2011 it was on good terms.
Buyouts | 17 Dec 2014 |
From China and India to Southeast Asia and Japan, private equity professionals give their perspectives on the year to come for fundraising, investments and exits
North Asia | 17 Dec 2014
SoftBank Group is leading a $90 million round of funding for Locon Solutions, operator of property listing platform Housing.com. It will become the largest investor in the business.
Expansion | 17 Dec 2014 |
The Overseas Private Investment Corporation (OPIC), a development finance arm of the US government, has committed up to $42 million to Lighthouse Funds’ second India vehicle.
Fundraising | 15 Dec 2014 |
Faering Capital has provided a Series A round of funding for Linkstreet, an Indian start-up that has developed a cloud-based video learning and collaboration platform for the healthcare and education sectors.
South Asia | 15 Dec 2014 |
New Enterprise Associates (NEA) has invested $5 million in India's RezNext Global Solution, a platform for managing hotel bookings.
South Asia | 12 Dec 2014 |
IDFC and the Russia Direct Investment Fund (RDIF) will together invest $1 billion in infrastructure and related industries with a view to accelerating economic cooperation between Russia and India.
Infrastructure | 12 Dec 2014 |
The Oman India Joint Investment Fund (OIJIF) has invested INR950 million ($15.3 million) in GSP Crop Science, an Indian agro-chemicals company.
South Asia | 12 Dec 2014 |
India's state governments have been instructed to ban all unregistered web-based taxi booking services - impacting VC-backed start-ups like Ola and TaxiforSure - following a rape involving a driver contracted by US-based Uber.
Venture | 11 Dec 2014 |
The International Finance Corporation (IFC), an investment arm of the World Bank, has pledged to invest up to $100 million in India's Axis Bank.
Financials | 11 Dec 2014 |
Flipkart received $1 billion in funding from a consortium of investors in July. It is ammunition for the arms race currently consuming India’s e-commerce industry
Venture | 10 Dec 2014 |
The Reserve Bank of India (RBI) has said it will allow alternative investment funds (AIFs), to invest overseas.
South Asia | 10 Dec 2014 |
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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