India's Foreign Investment Promotion Board (FIPB) has rejected Baring Private Equity Asia's bid to buy IDFC's stake in Mumbai-based brokerage Sharekhan.
South Asia | 27 May 2015 |
Baring Private Equity Asia has agreed to buy Vistra Group, a leading global provider of company formation, trust, corporate and fund administration services, in what is expected to be its largest-ever deal.
Buyouts | 22 May 2015 |
Ant Financial Service Group, Alibaba Group’s online financials services affiliate, has launched a RMB1 billion ($160 million) fund to invest in internet and finance companies.
Greater China | 21 May 2015 |
US-based online payment system developer Ripple Labs is looking to expand in Asia on the back of a $28 million Series A round provided by investors including IDG Capital Partners and AME Cloud Ventures.
North America | 21 May 2015 |
A fund managed by Gopher Asset Management, a unit of Chinese wealth management firm Noah Holdings, and Hillhouse Capital Management are among 13 cornerstone investors that have committed HK$14.7 million ($1.9 billion) to Huatai Securities’ Hong Kong...
PIPEs | 19 May 2015 |
Arbor Ventures has led an additional $5 million round of funding for Exchange Corporation (ExCo), the Japanese start-up behind e-commerce payment and instant credit service Paidy.
North Asia | 15 May 2015 |
A consortium led by Jack Ma, founder and executive chairman of Alibaba Group, has acquired 81% of Hong Kong-listed brokerage Reorient Group.
Greater China | 15 May 2015 |
Baring Private Equity Asia has received permission from India's Competition Commission to acquire ATM management service CMS Info Systems, providing an exit for The Blackstone Group.
South Asia | 15 May 2015 |
TPG Capital has sold its 20.37% stake in Indian non-banking finance company Shriram City Union Finance (SCUF) to Apax Partners. Based on the May 12 closing price of INR1,719, it was worth around INR23 billion ($360 million).
Exits | 14 May 2015 |
Chinese private equity firm JD Capital has invested RMB2 billion ($322 million) to launch an online peer-to-peer (P2P) lending platform.
Greater China | 08 May 2015 |
Fosun Group has invested in Europe-based payment services provider Ingenico Group with a view to helping the company develop its business in China.
Europe | 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 |
Quadrant Private Equity has exited Heartland New Zealand, selling its 8.75% stake in the lender for NZ$53.5 million ($40.1 million) through a block trade.
Exits | 07 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 |
Southeast Asia-focused payments provider 2C2P has made substantial progress in Myanmar over the last 12 months. It has introduced the country’s first mobile-based point-of-sale payment solution, issued prepaid cards that link to a mobile app, and launched...
Venture | 06 May 2015 |
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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