Ant Capital Partners
Secondaries: Straight outta Asia
The growing secondaries opportunity in Asia is attracting more global capital, but managers with strategies dedicated to the region are few. This is changing, albeit gradually
Ant Capital seeks $461m for sixth Japan fund
Ant Capital Partners has set a hard cap of JPY50 billion ($461 million) for its sixth Japan buyout fund, with a first close on as much as half that total provisionally scheduled for the end of April.
Ant Capital targets $253m buyout of Japan's Softbrain
Ant Capital Partners has launched a tender offer for Softbrain, a Japanese sales and marketing software developer, that values the business at approximately JPY26.9 billion ($253.1 million).
New Horizon buys Japan cosmetics player from Ant Capital
Japanese private equity firm New Horizon Capital has acquired 100% of Kagayaku Cosmetics from Ant Capital Partners for an undisclosed sum.
Ant Capital buys Japanese cosmetics business
Ant Capital Partners has acquired Japan-based Sojitz Cosmetics for an undisclosed sum. The business will be renamed Kagayaku Cosmetics.
Ant Capital acquires Japanese shoe maker MoonStar
Ant Capital has acquired a majority stake in 140-year-old Japanese shoe maker MoonStar from the founding family and other shareholders. Financial details were not disclosed.
Ant Capital exits cream puff maker Beard Papa
Ant Capital is exiting its 100% stake in Muginoho Holdings, the company behind Japanese cream puff brand Beard Papa, to instant food giant Nagatanien for JPY9.44 billion ($96 million).
DRC Capital exits Japan's Casa to Ant Capital
DRC Capital has sold Japan's Casa, a rent guarantee provider formerly known as Rento Go, to Ant Capital Partners and the firm's management. The financial details of the deal were not disclosed.
Ant Capital invests $11m in construction software firm Kozo Keikaku
Japanese private equity firm Ant Capital Partners has agreed to acquire a 30.4% stake in Japan-listed construction software developer Kozo Keikaku Engineering from existing shareholders for JPY1.15 billion ($11 million).
Forbidden fruit?
There used to be a time when a private equity fund buying the portfolio company of another private equity fund was a serious faux pas. Nowadays, GPs have become less shy about buying from peers, who in many cases might be selling good but un-exited assets...
Japan's Alt Plus buys stake in VC-backed Korean mobile game developer
Japanese mobile game developer Alt Plus, has acquired a 10% stake in Emagine, a Korean mobile game start-up backed by Lead Capital Management and Ant Capital Partners. Financial details of the transaction were not disclosed.
Japan's secondaries surge
Secondary deals in Japan spiked in 2011 as buyouts from before the global financial crisis found an exit. With the country's economic prospects improving, industry participants expect the flow to continue
Ant Global Partners' $150m secondary fund targets Greater China, Japan
Ant Global Partners (AGP) - the international investment arm of Japanese PE firm Ant Capital Partners - is targeting $150 million for a new secondary fund focused on Greater China and Japan.
Prudent Energy gets $29.5m from Asian investors
Prudent Energy, a US- and Beijing-based energy storage firm, has raised $29.5 million in an investment rounding led by Japan’s Mitsui & Co. and including Vangoo Investment Partners – which is an affiliate of Japan’s Ant Capital Partners - Asia Clean...
Japan’s secondary funds look to consolidate
The cross-ownership of Japanese companies creates rich pickings for secondaries players looking to gather up and exit
Sanyo Electric exits homes division to Ant Capital
Japanese electronics major Sanyo Electric is set to exit its stake in the homebuilding division Sanyo Homes to Tokyo-based Ant Capital Partners, in a deal worth JPY500 million ($6 million).
COFCO, PE-backed fund to launch in China
COFCO, touted as the largest oils and food importer and exporter in China, announced that it last month formed its COFCO Agricultural Industry Fund Management Co., a PE manager targeting PRC agriculture investments. Its initial fund has a corpus of between...
Ant Capital sees 60% IRR on VarioSecure exit
Japanese private equity firm Ant Capital Partners has completed the JPY6.7 billion ($79.7 million) sale of its fully owned portfolio company VarioSecure Networks Inc., a provider of network security services. The sale to PE-backed 1st Holdings Inc., translates...
Ant sells Vario Secure to trade buyer
Ant Capital Partners will sell its fully owned portfolio company, Vario Secure Networks Inc., providers of network security services. The sale is valued at JPY 6.7 billion($81 million), and the asset will be bought by 1st Holdings, the Japanese software...
Ant Capital exits Maruboshi
Japanese private equity firm Ant Capital Partners has exited its 100% stake in Maruboshi Co., a private document production and translation service company to CMC CO., a listed manual-service provider, for JPY1.68 billion ($20.3 million).
Ant Capital, CCBI support COFCO's $1 billion agri fund plan
China's largest grains and oilseed importer and exporter, China National Cereals, Oils and Foodstuffs Corporation (COFCO) Ltd. plans to form an agriculture-focused private equity fund, with target size of $1 billion, in partnership with CCB International...
Ant, SBI start TOB for Japan's VSN
A consortium called R Holdings, owned by Japanese private equity funds SBI Holdings, Ant Global Partners and Stamford Growth Investments, a division of SBI’s investment subsidiary, has kicked off a tender offer buyout of VSN Inc., a listed personnel...
Mid-cap vs buyouts: may the best financing win
The state of Japan’s private equity market
Ant Capital will sell Honma Golf to PRC group
Ant Capital Partners, the Japanese private equity firm, and Milestone Turnaround Management, a Japanese business consulting firm specializing in turnaround situations, will jointly sell their more than 50% stake in Honma Golf Co., a privately-held golf...