Two substantial partial exits that can be seen to justify the Indonesia investment thesis for global PE firms were among those nominated for Exit of the Year: TPG Capital and Northstar Group’s...
Exits | 04 Dec 2013
Headland Capital Partners invested in Chinese supermarket chain Yonghui Superstores in 2007 and helped turn the regional player into a sector outperformer with a national footprint
Greater China | 04 Dec 2013
Advantage Partners, the Japanese mid-market buyout firm, is to exit its stake in catalogue and web-based retailer Nissen Holdings to Seven & i Holdings, the Japanese parent of 7-Eleven and the Ito Yakado supermarket chain, for JPY2.36 billion ($22.8 million)....
North Asia | 03 Dec 2013 |
KV Asia Capital has agreed to acquire Singapore-based Derma-Rx International Aesthetics (DIAL) from Indian skin care company Marico Kaya Enterprises. The financial terms of the deal were not disclosed
South Asia | 03 Dec 2013 |
L Capital, the private equity firm backed by luxury goods conglomerate LVMH, has acquired a 40% stake of 2XU, an Australian sports apparel brand, for a reported A$75 million ($68.3 million). The transaction represents a partial exit for previous backers...
Consumer | 02 Dec 2013 |
Highland Capital Partners has provided approximately $10 million in Series A funding to Etaoshi, a Chinese online food ordering and delivery platform. Several undisclosed domestic venture capital firms also participated in the round.
Greater China | 29 Nov 2013 |
China Broadband Capital (CBC) has provided a Series B round of funding for Breadtrip.com, an online travel platform. The company has now raised about $10 million across two rounds.
Greater China | 29 Nov 2013 |
Sequoia Capital China has led a $25 million Series C round of funding for ele.me, a Chinese food ordering service. This latest round - which also includes existing backer Matrix Partners - values the company approximately $100 million.
Greater China | 27 Nov 2013 |
China Broadband Capital Partners (CBC) and Sichuan Changhong Electric, a Chinese electric goods maker, plan to launch a RMB250 million ($41 million) venture fund to invest in the cloud computing, big data, smart phone and internet industries.
Greater China | 26 Nov 2013 |
Phillip Private Equity has led a $3 million Series B round for Singapore-based fashion shopping network Clozette.co, with participation from existing backers Walden International and several angel investors.
Southeast Asia | 25 Nov 2013 |
Risa Partners, a unit of NEC Capital, has exited its 56% stake in Japanese drug store operator Hearty Wants to strategic investor Tsuruha Holdings for JPY10.1 billion ($99 million).
North Asia | 22 Nov 2013 |
Mumbai-based online apparel retailer VoxPopClothing has raised $400,000 in funding from Blume Ventures and other unnamed investors.
South Asia | 21 Nov 2013 |
The Everstone Group has entered into a joint venture with Burger King Worldwide to bring the world’s second-largest fast food hamburger chain to India.
South Asia | 20 Nov 2013 |
SMBC Venture Capital and strategic investor Adways have together backed Flask Park, a Japanese gift e-commerce company. Details of the transaction were not disclosed.
North Asia | 20 Nov 2013 |
Indian online furniture store Urban Ladder has raised $5 million from SAIF Partners and return backer Kalaari Capital in a Series A round.
South Asia | 19 Nov 2013 |
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Join us at the 11th Annual AVCJ Private Equity & Venture Australia and New Zealand Forum on 5-7 March at the Four Seasons Hotel in Sydney to find out how funds of varying size are raising capital, sourcing deals and exits, as well as all you need to know to effectively navigate Australasia's changing alternative asset landscape.
After a decade-long mining boom the economy is experiencing a loss of momentum and the resulting deal flow reduction and lack of value in the market means GPs are chasing many of the same acquisition targets. That said, the exit market is recovering with both IPOs and M&A activity picking up, and an increase in LPs appetite for the asset class, and the recent government change means that the industry is cautiously optimistic for the future and expecting a rise in activity over the next 12 months.
5-7 March 2014, Four Seasons Hotel, Sydney