Australian life sciences-focused VC firm Brandon Capital has expanded the mandate of its third Medical Research Commercialization Fund (MRCF) to include New Zealand.
KKR will sell its 45% stake in Australia-based healthcare provider GenesisCare as China Resources Group and Macquarie Capital agreed to buy a majority interest in the business.
Commodities-focused private equity firm Greenstone Resources has paid A$8.9 million ($6.7 million) for about a 20% stake in Australian coal and bauxite project developer Metro Mining.
Australia’s Advent Private Capital has made investments in two separate domestic social services companies on the back of two exits.
Farallon Capital Management has closed its third special situations fund focused on Asia and Latin America at $1.1 billion.
Australian venture capital firm Alchemy Ventures has launched a A$200 million ($150.3 million) fund that will focus largely on regional start-ups specializing in electric vehicle (EV) batteries.
Yorkway Capital Partners has entered a strategic partnership with Australian corporate fiduciary services provider One Investment Group and has made an investment in the company.
Oaktree Capital Management has sold Australian media platform and content provider Active Media Group (AMG) to outdoor advertising business Val Morgan Outdoor (VMO) for an undisclosed amount.
Gobi Partners has led a A$5 million ($3 million) round of funding for Australia-based digital payment services developer Airwallex.
Telstra has acquired Blue Sky Private Equity’s majority stake in Australian IT services company Readify.
Nextgen Group, the Australian telecommunication network owned by Ontario Teachers' Pension Plan (OTPP) and CIMIC Group, has agreed to sell some of its assets to Vocus Communications.
OneVentures has led a A$3 million ($2.2 million) Series A round of funding for Australian online human resources services start-up Employment Hero.
US-based private equity firm Cartesian Capital has committed $20 million in project development financing to Australian mining company White Rock Minerals.
Australia’s IFM Investors is aiming to enhance its PE business with the appointment of former CHAMP Ventures co-head Stuart Wardman-Browne as executive director of the investment group’s private capital team.
KKR has sold its stake in French district heating provider Coriance to First State Investments, the asset management division of the Commonwealth Bank of Australia.
The Australian Private Equity & Venture Capital Association (AVCAL) is urging major political parties to do more to help scale up domestic companies ahead of a federal election next month.
The Carlyle Group has promoted David Bluff to managing director and head of its buyout team in Australia and New Zealand. He was previously a director with the firm.
Resource Capital Funds has agreed to buy Ausenco, an Australia-listed mining services business struggling as a result of the commodities downturn, at an enterprise value of A$153.7 million ($113.3 million).
Australian VC firm Starfish Ventures has joined a $17.5 million round for Aktana, a US and Japan-based marketing services provider looking to consolidate its Asian footprint.
Australian agriculture fund manager Laguna Bay Pastoral Company has reached a first close of A$280 million ($208.5 million) on its second investment vehicle for institutional investors.
The Australian operation of Jones the Grocer, a gourmet food retailer backed by L Capital Asia, has entered voluntary administration for the second time in two years.
Pacific Equity Partners (PEP) has made a formal offer to buy Australian snack maker Patties Foods for A$230 million ($166 million).
Australian testing services company ALS has rejected a buyout offer from Advent International and Bain Capital that valued the company at about A$2.7 billion ($1.9 billion).
Australia-based start-up networking platform CapitalPitch has launched a fund focused on early stage investments, with a target size of at least A$10 million ($7.3 million).