When John Thomson, head of 3i Group’s Southeast Asia business, met Singaporean entrepreneur Jay Pok in the mid-2000s, he was on the lookout for a medical technology investment. But Pok’s...
Exits | 08 Oct 2014 |
Private equity investors have committed an annual average of $364 million to Vietnam-based companies over the past 10 years. In the space of three weeks, Standard Chartered Private Equity (SCPE) alone has deployed over one third of this total.
Expansion | 08 Oct 2014 |
Explaining why cross-border remittances into the Philippines are not his core business, Mikko Perez points to Hong Kong’s Central district on a Sunday, when the domestic helpers are out in force. “It’s so cut throat – we are talking basis points...
Venture | 08 Oct 2014 |
As wealth in Asia has grown, so has the number of family offices. As these investors become more institutionalized, what can they do for private equity and what can private equity do for them?
LPs | 08 Oct 2014 |
Greater China and Southeast Asia-focused private equity firm Shaw Kwei & Partners has paid $17 million for a 60% stake in Singapore marine logistics firm Amos International.
Southeast Asia | 06 Oct 2014 |
Southern Capital Group has agreed to acquire a majority stake in United Engineers’ Singapore-listed engineering and construction division for S$230.2 million ($180 million) in cash.
Buyouts | 06 Oct 2014 |
3i Group has exited LHi Technology – a medical equipment manufacturer bought from Baring Private Equity Asia in 2008 – to US-based Carlisle Companies for an enterprise valuation of around $195 million, claiming a 2.9x money multiple.
Exits | 03 Oct 2014 |
German internet incubator and investor Rocket Internet saw its shares close down 13% on the first day of trading on the Frankfurt Stock Exchange following a EUR1.6 billion ($2 billion) IPO.
Southeast Asia | 03 Oct 2014 |
Kendall Court Capital Partners has exited Packet One Networks – a Malaysian broadband provider heavily involved in 4G telecommunications technology – as Telekom Malaysia (TM) bought a controlling stake in the company.
Exits | 03 Oct 2014 |
China Investment Corporation (CIC) has made a partial exit from Singapore-listed agriculture and energy supply chain manager Noble Group, generating proceeds of S$396 milion ($310.6 million).
Greater China | 03 Oct 2014 |
Gree Ventures has participated in a Series C round of funding for Philippines-based digital payments business Ayannah. Wavemaker Labs, Golden Gate Ventures, IMJ Investment Partners and Beenos Asia also participated.
North Asia | 03 Oct 2014 |
Malaysian pension fund KWAP is adding North America and European exposure to its Asia-heavy private equity portfolio. It is ramping up commitments from a relatively low base
LPs | 01 Oct 2014
Ardent Capital is registered in Hong Kong, but Bangkok remains its home. Previous investments by the VC firm have followed the same model – start in Thailand, then expand into other Southeast Asian markets. Now, though, Ardent is preparing to incubate...
Expansion | 01 Oct 2014 |
Jungle Ventures has led a $1.6 million pre-Series A round for Pomelo, a Thailand-based online fashion retailer.
Southeast Asia | 30 Sep 2014 |
Affinity Equity Partners has secured its debut Malaysia investment after agreeing to buy a significant minority stake in poultry producer Leong Hup International in a deal that values the company at around $600 million excluding debt.
Expansion | 30 Sep 2014 |
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For 27 years, the AVCJ Forum has brought together leading investors from across the globe for three days of high-level dialogue, debate and networking. In a programme that combines strategic and tactical issues, you'll hear from some of the world's most successful deal makers as they share their insights on the opportunities for private equity investors going forward.
11-13 November 2014, Four Seasons Hotel, Hong Kong
With the empathic and historic victory of Narendra Modi at the recent elections in India, the market confidence has improved significantly. Until recently, India was mentioned in financial markets only in a negative light given the enormous potential and lack of delivery. Difficulties in exiting, arbitrary taxation and poor governance are just some of the chronic problems deterring investors.
Discover what repercussions the latest political developments will have on the private equity industry, the outlook for the next wave of fundraising, where GPs expect to source exits and the best way forward for existing and potential investors.
2-3 December 2014, Taj Lands End Hotel, Mumbai