Chinese social networking platform Renren has committed $40 million to Motif Investing, a US-based online broking platform that has previously received funding from several venture capital...
Financials | 27 Jan 2015 |
Singapore's Temasek Holdings has agreed to acquire the India venture debt unit of NASDAQ-listed financial services company SVB Financial Group for INR2.8 billion ($45 million).
South Asia | 22 Jan 2015 |
In November it was revealed that Kotak Mahindra Bank - India's fourth largest private lender - would acquire its smaller rival, Bangalore-based retail bank ING Vysya, in an all-stock deal at a valuation of $2.4 billion.
South Asia | 21 Jan 2015 |
Not every investment works out as planned - often for reasons beyond the investor's control. Navis Capital Partners recently sold Australia-based IT and specialist recruiting firm Peoplebank to Japan's Recruit Holdings for A$68.6 million ($56.6 million)....
North Asia | 21 Jan 2015 |
China-focused PE fund manager JD Capital, Tongxin Securities Direct Investment and Shenzhen Jidi Xintian Venture Capital have invested in a Series A round of funding for 91Wutong, a Chinese online finance platform.
Greater China | 20 Jan 2015 |
Multiples Alternative Asset Management has made a INR1.9 billion partial exit from Indian non-banking financial company Cholamandalam Investment and Finance Company (CIF).
Exits | 15 Jan 2015 |
Tiger Global Management has invested an undisclosed sum in Dianrong.com, a Chinese VC-backed peer-to-peer (P2P) online lending service platform.
Greater China | 15 Jan 2015 |
For Hong Kong-based financial technology start-up WeLab, setting up a peer-to-peer lending (P2P) platform was never the priority. Rather, the company wanted to develop and leverage its capabilities in the design of internet finance products and big data...
Greater China | 14 Jan 2015 |
Indian GP ChrysCapital Partners has made a partial exit from ING Vysya Bank via an open market transaction, selling just over 80% of it holding for around INR6.7 billion ($108 million).
South Asia | 14 Jan 2015 |
Aixuedai, a Chinese online payment platform that finances purchases of consumer electronics, has completed a $40 million Series A round of funding.
Greater China | 13 Jan 2015 |
Alibaba Group has agreed to invest at least $550 million in One97 Communications, owner of India-based mobile commerce platform and payments solution provider Paytm, which has several venture capital backers.
Technology | 12 Jan 2015 |
DST Global founder Yuri Milner, Iconiq Capital and a joint venture between China Post and TOM Group have been added to Hong Kong-based internet finance start-up WeLab’s Series A round, taking the total raised to $20 million.
Venture | 08 Jan 2015 |
Rocket Internet and Philippine Long Distance Telephone (PLDT) have agreed to form a joint venture mobile payments platform with a focus on emerging markets.
Financials | 07 Jan 2015 |
India’s Multiples Alternate Asset Management has fully exited South Indian Bank (SIB), selling its remaining 3.67% stake for INR1.51 billion ($23.8 million).
South Asia | 06 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