CDH Investments has participated in a RMB3 billion round ($483 million) round of funding for Shanghai Lujiazui International Financial Asset Exchange (Lufax), a Chinese peer-to-peer (P2P)...
Expansion | 27 Mar 2015 |
Three private equity firms – TPG Capital, Actis and The Blackstone Group – are set for partial exits from their Indian investments as payment solutions provider AGS Transact Technologies and fragrances manufacturer S.H. Kelkar both filed for IPOs.
Exits | 27 Mar 2015 |
China's third-party online market hit RMB8.08 trillion ($1.3 trillion) by gross merchandise volume (GMV) last year. Alipay, Alibaba Group's payment platform, is the dominant player with a 49.6% share, according to consultancy iResearch. Tencent Holdings'...
Greater China | 25 Mar 2015 |
Chinese online retailer JD.com has invested in Fenqille.com, a Chinese installment payment platform backed by several VC investors.
Greater China | 24 Mar 2015 |
Remitly, a US-based remittance service that targets Asian expatriates, has raised $12.5 million in a Series B funding round led by DFJ.
Consumer | 24 Mar 2015 |
A consortium of private equity firms, including CX Partners, CDC Group, NewQuest Capital Partners and Bajaj Holdings, have invested INR6 billion ($96.2 million) in Indian microfinance institution (MFI) Ujjivan Financial Services.
South Asia | 23 Mar 2015 |
ChrysCapital Partners has paid INR527.8 million (about $8.4 million) for a stake in listed lender South Indian Bank (SIB).
Financials | 20 Mar 2015 |
CDH Investments has committed an undisclosed sum to Aver Asia Corporation, a Southeast Asia-based equipment leasing business. It is the latest in a clutch of deals the China-based GP has secured outside of its home market.
Expansion | 20 Mar 2015 |
Sequoia Capital has invested in Shanghai Noah Yijie Financial Tech, an internet finance subsidiary owned by Noah Holdings. The investment amounts to multi-millions of dollars.
Greater China | 19 Mar 2015 |
Creador Capital has paid IDR290 billion ($24 million) for a 20% stake in Indonesian lender Bank Index Selindo.
Southeast Asia | 18 Mar 2015 |
Indonesia’s middle market is a proxy for the robust services sector, but it is difficult for investors to penetrate and deal flow has been slow in recent years. Are we are about to see more?
Southeast Asia | 18 Mar 2015 |
TA Associates has invested an undisclosed sum in YeePay, a Chinese payments provider that has previously received backing from several VC players. Hong Kong-listed financial leasing business Far East Horizon also contributed to the investment.
Expansion | 17 Mar 2015 |
A consortium comprising KKR, Värde Partners and Deutsche Bank has agreed to buy GE Capital’s Australia and New Zealand consumer lending unit for an enterprise valuation of A$8.2 billion ($6.3 billion).
Buyouts | 16 Mar 2015 |
US-based Tiger Global has led a $5 million Series B round for India-based subscription billing system developer ChargeBee. Existing backer Accel also participated.
South Asia | 12 Mar 2015 |
Korea Investment Corporation (KIC) and Kingdom Holding Company (KHC), an investment company controlled by Saudi billionaire Prince Alwaleed bin Talal, have agreed to collaborate on private equity investment opportunities.
LPs | 05 Mar 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