Navis Capital Partners wanted to let the management of Golden Foods Siam off the leash. Six years in, initiatives are taking wing and the company has established itself as Thailand's third-largest...
Southeast Asia | 27 May 2015 |
Saratoga Capital is focusing on infrastructure opportunities in Indonesia with a particular emphasis on power and telecommunications, according to Sandiaga Uno, one of the firm’s founding partners.
Southeast Asia | 27 May 2015 |
Malaysian confectionary manufacturer Cocoaland Holdings has rejected a takeover bid from Navis Capital Partners that valued the company at MYR377.5 million ($104 million).
Buyouts | 26 May 2015 |
Australia-based Private Equity Gateway Group (PEGG) has invested in U&Me Communication, a subsidiary of Malaysia’s OM Technology that has developed a mobile messaging platform.
Venture | 20 May 2015 |
Vietnamese tech group FPT Corporation has launched FPT Ventures, its new venture capital and accelerator unit, which will manage a $3 million fund targeting seed and Series A stage investments.
Southeast Asia | 20 May 2015 |
Singapore-based accelerator Joyful Frog Digital Incubator (JFDI) has started taking applications for its next start-up program - which will be partly offered online - and has doubled the amount it is offering to successful applicants.
Southeast Asia | 19 May 2015 |
Navis Capital Partners has appointed Hugh Dyus, who until last year was head of Asia private equity at Macquarie Funds Management, as a partner based in Hong Kong.
People | 18 May 2015 |
Danareksa Capital expects to see increased deal flow from Indonesian state-owned enterprises (SOE) as the government moves forward with privatization plans, said Mohammad Afdal Pamilih, the firm’s president director.
Southeast Asia | 15 May 2015 |
Standard Chartered Private Equity (SCPE) has invested $42 million in Singapore-based TT International's (TTI) retail electronics business in Indonesia.
Consumer | 14 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 |
Existing investors including Ardent Capital, Indonesian conglomerate Sinarmas and Inspire Ventures have committed $5 million to aCommerce, a Thailand-based e-commerce services provider.
Southeast Asia | 12 May 2015 |
Singtel Innov8, the early stage investor backed by Singapore telco Singtel, has led a $15 million Series B round for US big data start-up DataTorrent. GE Ventures, and the start-up's existing investors, also took part in the round.
Technology | 08 May 2015 |
Indonesian venture capital fund SMDV has a $2.6 million Series A round for Thailand-based payment solutions start-up Omise.
Financials | 07 May 2015 |
Having promised a massive increase in infrastructure spending, Indonesia’s government wants foreign investors to help move projects along. Private equity players see opportunities, but also risks
Infrastructure | 06 May 2015 |
Indonesia's middle class is expected to jump from 70 million in 2012 to more than 140 million by 2020 – representing more than half of the country’s population – according to the Boston Consulting Group. Financial services should benefit from this...
Expansion | 06 May 2015 |
Updating your subscription status
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