GIC Private has nearly doubled its stake in London-based Merlin Entertainments, operator of Madame Tussaud’s and Legoland, to 5.2%.
Media | 06 Mar 2015 |
Hangzhou Ali Venture Capital, a VC subsidiary owned by Alibaba Group founders Jack Ma and Simon Xie, has acquired a RMB2.4billion ($383 million) stake in Chinese TV and movie producer Enlight Media.
Greater China | 05 Mar 2015 |
The government-backed Cool Japan Fund has joined a consortium of Japanese investors, led by production company Imagica Roboto Holdings, to acquire a 100% stake in US subtitler SDI Media Group.
Media | 24 Feb 2015 |
Tiger Global has led a $4 million Series A round investment in India's News In Shorts (NIS), a mobile-based service that aggregates shortened news stories.
South Asia | 17 Feb 2015 |
Chinese private equity firm Heaven-Sent Capital has invested RMB200 million ($32 million) in Great Wall Movie and Television, a Shenzhen-listed television and movie producer.
Greater China | 11 Feb 2015 |
Warburg Pincus has fully exited Chinese outdoor advertising firm Tulip Media Corporation following an acquisition by Shanghai New Culture Media Group.
Greater China | 10 Feb 2015 |
PremjiInvest has led a Series C round of funding for Amagi Media Labs, a Bangalore-based firm that facilitates targeted television advertising based on geography.
South Asia | 20 Jan 2015 |
The CMC Capital-backed privatization of Charm Communications is being challenged by Dentsu Aegis, which refused to accept the terms for the acquisition of its minority stake in the Chinese advertising agency.
Buyouts | 09 Jan 2015 |
L Capital Asia, is participating as a cornerstone investor in Greater China out-of-home advertising company Asiaray Media Group’s Hong Kong IPO, which is targeting up to HK$772.2 million ($99.5 million).
PIPEs | 05 Jan 2015 |
The Carlyle Group has agreed to acquire General Electric’s (GE) interest in Asia Satellite Telecommunications (AsiaSat) for up to HK$3.75 billion ($483 million) and then make a buyout offer for the Hong Kong-listed company.
Buyouts | 29 Dec 2014 |
Pacific Equity Partners (PEP) has exited Australian cinema operator Hoyts Group to an investment vehicle set up by Xishuang Sun, chairman of Chinese property developer Dalian Yifang.
Exits | 24 Dec 2014 |
New Silk Route (NSR) will sell shares in VRL Logistics and Providence Equity Partners and 3i Group will make partial exits from UFO Moviez as both companies filed for IPOs in India.
Exits | 24 Dec 2014 |
India Value Fund Advisors (IVFA) has exited Music Broadcast, which runs FM radio station Radio City, to Jagran Prakashan, a listed Indian media conglomerate backed by The Blackstone Group.
Exits | 18 Dec 2014 |
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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