Singapore-based Jungle Ventures has reached a final close of $100 million on its second fund, which will target Southeast Asian technology start-ups.
Singapore’s Leonie Hill Capital is backing a $200 million venture fund for the aviation and aerospace industry alongside US-based Starburst Accelerator.
Malaysian gym membership app KFit, whose VC backers include Sequoia Capital and Venturra Capital, has acquired Groupon Malaysia.
Asia Climate Partners, a fund set up by the Asian Development Bank (ADB), Orix Corp, and Robeco Institutional Asset Management, has committed $20 million to US-based energy storage technology developer Fluidic Energy.
Delta Capital Myanmar, formerly known as PMM Partners, has reach a first close on its second Myanmar-focused fund at $30 million. The full target is $100 million.
Singapore-based private equity firm Tembusu Partners has teamed up with Shengdong Pang, founder of Chinese start-ups 2345.com and 51.com, to build ties between nascent software companies in China and Southeast Asia.
Vertex Ventures, the VC arm of Singapore's Temasek Holdings, has led a $5.5 million seed round for Singapore-based co-working space developer Spacemob.
Singapore’s GIC Private has promoted Chow-Kiat Lim, currently its group chief investment officer, to the post of CEO, replacing Siong-Guan Lim, who will retire.
Falcon House Capital comfortably beat the target for its second Indonesia-focused fund, raising $400 million for deployment in middle-market consumer sector businesses
Hong Kong introduced legislation intended to give private equity investors greater tax certainty, but the implementation guidelines have moved it further from this goal. The implications could be wide-ranging
Falcon House Partners has closed its second Indonesia-focused fund at the hard cap of $400 million, buoyed by continued optimism about the rise of domestic consumption and a favorable response to the Widodo administration’s policies.
Standard Chartered Private Equity (SCPE) has invested $40 million in N Kid, a Vietnam-based children’s media platform and retailer.
Thai agro-industrial giant Charoen Pokphand Foods (CPF) has acquired frozen meals specialist Bellisio from US private equity firm Centre Partners for $1.1 billion.
Sequoia Capital China has led a Series C round of funding for Singapore-based Patsnap, a web-based intellectual property analytics and management software developer.
Although a low oil price environment has created interesting inroads for PE investors seeking exposure to Asia’s growing energy consumption story, challenges of timing and targeting have slowed uptake
Singapore's move to strengthen its financial technology ecosystem underlines the importance of creating appropriate infrastructure and incentives for start-ups in the space
Warburg Pincus has teamed up with Vietnam-based GP VinaCapital and Don Lam, the firm’s founder, to create a hotel investment platform intended to tap into rising inbound tourism in Southeast Asia, particularly from China.
Family offices investing in Asia are improving their understanding of private equity and bringing increasingly sophisticated approaches to the asset class, industry professionals told the AVCJ Forum.
General Atlantic has invested about IDR1.1 trillion ($80.5 million) in a food and beverage unit of diversified Indonesian lifestyle products retailer Mitra Adiperkasa (MAP).
Malaysia’s Employees’ Provident Fund (EPF) and Australia-based QIC differ markedly in terms of the maturity of their PE programs, but there is a common interest in establishing close ties to a limited number of GPs and pursuing co-investment.
Private equity investors still expect a risk premium in Asia, although given uncertainty in Western markets and the relative stability in Asia’s more mature economies, it is debatable how long the status quo will last, industry participants told the...
Singapore private equity firm 2W Group has led a $5 million ($3.5 million) funding round for domestic financial technology company MC Payment.
The International Financial Corporation (IFC), the investment arm of the World Bank, has proposed an investment of up to $25 million in Hong Kong-based financial comparison platform CompareAsiaGroup.
Asia is increasingly a target for private equity firms on the fundraising trail, but the region’s LP base can be difficult to penetrate, with huge variations in size, appetite and sophistication