Ratan Tata - chairman emeritus of Tata Sons, holding company for India conglomerate Tata Group - has joined Singapore-based early-stage investor Jungle Ventures as a special advisor.
People | 03 Jul 2015 |
Vietnam-focused GP PENM Partners has reached a first close of $120 million on its fourth fund. The vehicle has a full target of approximately $180 million.
Fundraising | 02 Jul 2015 |
Robert Petty, managing partner and co-founder at Clearwater Capital Partners, explains why a strong credit and special situations investment strategy in Asia often involves going against the grain
Distressed/Special Situations | 01 Jul 2015
Bain Capital has agreed to sell FCI Asia, which manufacturers connectors used in electronics, data storage and telecommunications, to US-headquartered industry peer Amphenol for $1.28 billion.
Exits | 30 Jun 2015 |
NSI Ventures, the VC unit of Northstar Group, and consumer and technology sector-focused investor F&H Fund Management have led an $8 million round for Singapore online restaurant platform Chope.
Technology | 30 Jun 2015 |
A consortium led by Warburg Pincus has made a follow-on investment of about $100 million in Vietnam shopping mall operator Vincom Retail.
Southeast Asia | 29 Jun 2015 |
A company owned by the Soetantyo family, which has extensive interests in Indonesia’s food sector, has agreed to buy North America-based Icicle Holdings from PE firm Paine & Partners.
Exits | 29 Jun 2015 |
Standard Chartered Private Equity (SCPE) has re-upped in Indonesia-based distributed power specialist Maxpower Group, providing $60 million in equity and serving as joint lead arranger on a $222 million debt refinancing for the company.
Expansion | 25 Jun 2015 |
Standard Chartered Private Equity (SCPE) has committed $52 million to Crystal Jade Group Holdings, a food and beverage conglomerate owned by L Capital Asia.
Greater China | 25 Jun 2015 |
Singapore's Temasek Holdings is a member of a CVC Capital Partners-led consortium that has agreed to buy a controlling stake in US-based generic drug manufacturer Alvogen. The deal is said to value the company at $2 billion.
North America | 23 Jun 2015 |
India-based impact investor Aavishkaar has reached a $45 million first close on its South and Southeast Asia-focused fund, which has a full target of $75 million.
Fundraising | 22 Jun 2015 |
First Reserve will subscribe to a portion of a S$169.5 million ($126 million) rights issue by its investee KrisEnergy. The capital is required to support the oil and gas exploration and production (E&P) company’s development.
PIPEs | 16 Jun 2015 |
The Securities Commission of Malaysia (SC) has announced six registered crowd equity platforms that will be allowed to raise capital for small businesses and start-ups.
Southeast Asia | 12 Jun 2015 |
Quadria Capital, the Singapore and India-based private equity firm, has reached a final close on its maiden healthcare fund at $304 million.
Fundraising | 10 Jun 2015 |
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South Korea continues to solidify its position as a premier destination for Asian private equity and venture capital investments. In 2014, nearly US$11 billion was invested into South Korean companies with exits topping US$8 billion, the highest return figures in the last 10 years. It is easy to see why international and domestic GP's hold South Korea in high regard, being one of few Asian destinations where large leveraged buyouts are possible.
Venture capital is also gaining momentum as the Park Geun Hye-led government continues to advance on initiatives to promote innovation and foster SMEs. With capital inflows and creative input from local and international VCs, South Korea is living up to its reputation as a flourishing venture ecosystem as we witness the rise of angel consortia, accelerators, and local offices for established VC funds.
This intensive and highly focused event will provide front row seats into one of Asia's most vibrant private equity markets. Key players will share their views on private equity and venture capital in Korea, Asia and beyond.
15 September 2015, South Korea- Westin Chosun, Seoul
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.
25-26 June 2015, Conrad Hotel, Tokyo