SAIF India has raised $350 million for its second fund since spinning out from SAIF Partners in 2011. The vehicle is oversubscribed and a final close is scheduled for early December.
Fundraising | 24 Nov 2014 |
Actis has exited it stake in India's Nigilri Dairy Farm , the business behind convenience store chain Nilgiri's, to Future Consumer Enterprise (FCEL), a retail unit of Kishore Biyani’s Future Group.
South Asia | 24 Nov 2014 |
Cyrus Driver has been named head of Asian private equity at Partners Group, replacing Andreas Baumann who has relocated to the US to head up the company’s business in the Americas.
People | 24 Nov 2014 |
Everstone Capital and US tech-focused investor Solmark have agreed to acquire a majority stake in Servion Global Solutions, an India-based customer interaction management (CIM) solutions provider, for INR4 billion ($65 million).
Technology | 21 Nov 2014 |
Zomato, a restaurant search service based in India, has raised a Series E round of funding worth $60 million from Vy Capital and existing backers Info Edge and Sequoia Capital.
South Asia | 20 Nov 2014 |
Ever increasing fund sizes have become a fact of life for some private equity firms in Asia. LPs must distinguish between GPs raising more capital for a valid purpose and GPs doing so simply because they can
Fundraising | 19 Nov 2014 |
International Finance Corporation (IFC), the World Bank's investment arm, has led a $45 million round of investment in Indian broadband service provider Tikona Digital Networks.
Technology | 18 Nov 2014 |
HomeShop18, an Indian television shopping network and online market place backed by SAIF Partners and OCP Asia, has abandoned plans for a US IPO.
South Asia | 17 Nov 2014 |
Bain Capital has completed a second partial exit in five months from Indian motorcycle manufacturer Hero MotorCorp, raising INR24.5 billion ($400 million).
Exits | 10 Nov 2014 |
Forum Synergies has led a Series B round of funding worth INR300-500 million ($4.9-8.1 million) for CBazaar.in, an Indian online ethnic fashion retailer.
South Asia | 10 Nov 2014 |
A consortium led by TVS Capital Funds has agreed to buy a 25.64% stake in Indian Energy Exchange (IEX) for INR5.76 billion ($94 million) from Blackstone-backed Financial Technologies India (FTIL).
South Asia | 07 Nov 2014 |
The Securites and Exchange Board of India (SEBI), India's financial markets regulator, has proposed that Foreign Venture Capital Investors (FVCIs) be allowed to back Core Investment Companies (CICs) in the infrastructure space in a bid to encourage more...
South Asia | 06 Nov 2014 |
As private equity becomes more of a mainstream asset class, brand-consciousness kicks in. Finding a suitable name can be a challenge, particularly when operating in multiple markets and languages
Greater China | 05 Nov 2014 |
Asian private equity has, by some accounts, failed to meet LP expectations in terms of risk-adjusted returns. With GPs under pressure to show they can be company builders, is specialization the inevitable end game?
Investments | 05 Nov 2014 |
Helion Venture Partners has provided INR350 million ($5.7 million) in a Series A round of funding for iD Fresh Foods, an Indian ready-to-cook packaged foods company.
Venture | 04 Nov 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