Thailand-focused GP Lakeshore Capital Partners has invested $4.5 million in KT Restaurant, the Bangkok-based operator of mid-market steakhouse chain Santa Fe.
Southeast Asia | 30 Jan 2015 |
Navis Capital Partners has reached a final close of $1.5 billion on its seventh fund with the addition of a shariah-compliant parallel vehicle. The bulk of the international LP commitments, totaling around $1.3 billion, came by February of last year.
Fundraising | 30 Jan 2015 |
YJ Capital - the corporate VC arm of Yahoo! Japan - has announced the launch of its second fund, which has made its first investment in Indonesia fashion flash sale site VIP Plaza.
Consumer | 28 Jan 2015 |
CVC Capital Partners has reportedly reduced its stake in Indonesia’s Matahari Department Store from 14% to around 2% after making two separate sales.
Exits | 28 Jan 2015 |
Various factors influence the amount of milk a cow produces – breed, diet, weather, living conditions and the calving cycle among them. Working with one of its clients, dairy giant Fonterra, Singapore-headquartered big data analytics firm Antuit now...
Expansion | 28 Jan 2015 |
SoftBank has laid down a marker in Asia’s technology space over the past six months, investing nearly $2 billion and promising much more. What does this say about the Japanese giant’s broader ambitions?
North Asia | 28 Jan 2015 |
When looking for an example of how Singapore start-ups previously struggled to get funding, one of the founders of tenCube was happy to oblige. Bootstrapped into existence in 2005, the mobile security solutions provider spent a frustrating 18 months trying...
Venture | 28 Jan 2015
Southeast Asia-focused healthcare investor Quadria Capital, which is expected to close its latest fund in the next two months, has taken a minority stake in Indonesian drug manufacturer Soho Global Health.
Southeast Asia | 27 Jan 2015 |
The Singapore Exchange (SGX) has partnered with Clearbridge Accelerator to set up a capital-raising platform for small- and medium-sized enterprises (SMEs) in Asia.
Southeast Asia | 27 Jan 2015 |
Singapore start-up hub JTC LaunchPad @ one-north – better known to many as Block 71 – has been expanded to accommodate 500 companies and 35 incubators, with plans to create space for 250 more.
Venture | 26 Jan 2015 |
The International Finance Corporation (IFC) has invested $6.5 million in Vietnamese agribusiness and food conglomerate Pan Pacific Corp. in exchange for a 5% stake.
Industrials | 26 Jan 2015 |
Goldman Sachs has led a $56 million round of funding for Antuit, a Singapore-headquartered big data analytics start-up. Zodius Capital, which provided seed funding for the company in 2013, also participated.
Technology | 23 Jan 2015 |
Indonesia-focused GP Saratoga Capital has lost two of its five partners, with Eri Reksoprodjo departing the firm at the end of December and Nigel Khoo scheduled to leave in February.
People | 21 Jan 2015 |
Creador and SMRT Holdings have agreed to buy a 30.75% stake in Malaysia-based Masterskill Education Group from the major shareholder for MYR69.4 million ($19.2 million) and now plan on completing a full buyout of the business.
Buyouts | 20 Jan 2015 |
Khazanah Nasional-controlled Xeraya Capital and Spruce Capital Partners have reached a first close of $150 million on MLS Capital Fund II, successor to the vintage Malaysian Life Sciences Capital Fund, which is now fully allocated.
Fundraising | 08 Jan 2015 |
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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