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...
LPs | 05 Mar 2015 |
Sydney has launched a hub for financial technology start-ups, supported by initial funding of A$2 million ($1.6 million) from a string of Australian banks, property and technology firms in collaboration with the New South Wales government.
Venture | 04 Mar 2015 |
Malaysian financial services provider CIMB Group and Japan's Mitsubishi Corporation have announced a first close of $130 million on their ASEAN Industrial Growth Fund (AIGF).
Southeast Asia | 04 Mar 2015 |
Pacific Equity Partners (PEP) has sold all of its remaining 20% stake in Australian Securities Exchange (ASX)-listed credit-checking firm Veda Group for A$382 million ($301 million).
Exits | 26 Feb 2015 |
SAIF Partners and Accion - a global non-profit organization - have invested $1 million in Aye Finance, an India-based lender that serves profitable micro, small, and medium-sized enterprises (MSMEs).
South Asia | 24 Feb 2015 |
TPG Capital and Northstar Pacific Partners have made another partial exit from Indonesian lender Bank Tabungan Pensiunan Nasional (BTPN), selling a 17.5% stake to Japan's Sumitomo Corp. for IDR5.93 trillion ($461.8 million)
Southeast Asia | 23 Feb 2015 |
South Korean GP Vogo Investment is exiting its majority stake in Tong Yang Life Insurance to China's Anbang Insurance Group in a KRW1.13 trillion ($998 million) deal.
North Asia | 17 Feb 2015 |
NSI Ventures, the VC unit of Northstar Group, has led Series A round of funding worth $8 million for Asian insurance and wellness marketplace CXA, alongside consumer and technology fund F&H and healthcare investor BioVeda.
Financials | 12 Feb 2015 |
Two hedge funds, San Francisco-based Valiant Capital Management and Hong Kong’s Tybourne Capital Management, have participated in an $80 million Series C round for Indian mobile top-up platform FreeCharge.
Venture | 09 Feb 2015 |
Ant Financial Service Group, Alibaba Group’s online financial service affiliate, has agreed to acquire a 25% stake in Indian VC-backed mobile internet services provider One97 Communication.
Greater China | 06 Feb 2015 |
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 investors.
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 |
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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