Indian private lender RBL Bank plans to raise up to INR11 billion ($173 million) through an IPO, providing a full exit for Beacon India Private Equity and a partial exit for Gaja Capital...
South Asia | 29 Jun 2015 |
Lakala, a Chinese offline third-party payment service provider owned by Legend Holdings, has raised RMB1.45 billion ($242 million) in its latest financing round, giving the company a valuation of more than RMB10 billion.
Greater China | 23 Jun 2015 |
Financial Technologies India (FTIL) has agreed to sell a 16.6% stake in India Energy Exchange (IEX) to a consortium of investors for INR3.57 billion, cancelling an earlier arrangement to sell its entire stake in a deal led by TVS Capital Funds.
South Asia | 22 Jun 2015 |
MUFG Investor Services, the asset servicing group of Mitsubishi UFJ Financial Group, will buy UBS Global Asset Management's Alternative Fund Services (AFS) business.
North Asia | 22 Jun 2015 |
Faering Capital has led a INR700 million ($11 million) Series C round for Wealth India Financial Services, the parent company of online financial services platform FundsIndia.
South Asia | 19 Jun 2015 |
The National Council for Social Security Fund (NSSF) has participated in a funding round for Alibaba Group’s internet finance affiliate – Ant Financial Services – that is said to value the business at more than $40 billion.
Financials | 19 Jun 2015 |
The International Finance Corporation (IFC) has committed $35 million to infrastructure finance firm PTC India Financial Services (PFS).
South Asia | 18 Jun 2015 |
Chinese wealth-management service provider Jupai, which is backed by an investment unit of online real estate agency E-House and Sina Corp, has filed for a US IPO.
Greater China | 17 Jun 2015 |
Japan’s banks do not have the power that they once did to source deals, but they are far from irrelevant. GPs say these institutions still have a role to play, though their advice must be considered carefully
North Asia | 17 Jun 2015 |
Zhong An Online Property Insurance, which was set up by Jack Ma and Pony Ma, the founders of Alibaba Group and Tencent Holdings, has raised RMB5.78 billion ($931 million) from a group of investors.
Financials | 15 Jun 2015 |
Archer Capital has agreed to buy Dun & Bradstreet’s (D&B) Australia and New Zealand-based credit data business for A$220 million ($170 million).
Buyouts | 12 Jun 2015 |
Japan's GMO Internet - which runs its own early-stage investment unit, GMO Venture Partners - has raised JPY8 billion ($65 million) from Sumitomo Mitsui to develop e-commerce payment solution GMO Payment Gateway (GPG).
Financials | 11 Jun 2015 |
India’s payment start-ups hope to shape the way e-commerce companies charge for their goods. The future may lie with approaches tailored to the country’s circumstances
Consumer | 09 Jun 2015 |
Japanese mid-market GP J-Star has invested an undisclosed sum in Nihon Hoken Service (NHS), a Tokyo-based insurance agency and insurance solicitation business.
North Asia | 04 Jun 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.
25-26 June 2015, Conrad Hotel, Tokyo