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
Japan's Transcomos has led a $5 million Series B round of funding for Berrybenka, picking a more than 30% interest in the Indonesian fashion e-commerce start-up. Existing backer GREE Venture also participated.
Southeast Asia | 22 Nov 2013 |
Exhilway Global, a US-based hedge fund and emerging markets private equity manager, has closed its maiden mines and minerals PE fund at $200 million. The vehicle will acquire and operate mines in alliance with local companies in Indonesia, as well as...
Fundraising | 21 Nov 2013 |
Sigit Prasetya, managing partner at CVC Capital Partners, on why recent volatility in Indonesia shouldn’t concern PE investors, negotiating auctions and lofty valuations, and working with Southeast Asia’s family groups
People | 07 Nov 2013
By most measures, Southeast Asia is under-penetrated by private equity. If deal flow expectations are to be met, investors must tap local networks for openings in and around the family conglomerates
Buyouts | 07 Nov 2013 |
When the team behind Falcon House came together three years ago they were eyeing Indonesia’s underserved middle market. Drawing on local experience across corporate restructuring, PE and infrastructure, the principals thought they could make the breakthrough...
Southeast Asia | 23 Oct 2013 |
Falcon House Partners, an Indonesia mid-market GP, has reached a final close on its maiden fund at $212.4 million, exceeding its original $200 million target, nearly two years after launch.
Southeast Asia | 17 Oct 2013 |
China Investment Corporation (CIC) has agreed a debt-for-equity swap worth $1.3 billion with embattled Indonesian miner Bumi Resources.
Distressed/Special Situations | 11 Oct 2013 |
Northstar Group, the Singapore-based private equity firm backed by TPG Capital, is looking to raise around $1 billion for its fourth fund, which will focus on Southeast Asia.
Southeast Asia | 03 Oct 2013 |
There is substantial demand for infrastructure investment in Indonesia and plenty of opportunities to participate, yet progress is slow. Does the does the sector still hold promise for private equity?
Southeast Asia | 25 Sep 2013 |
Indonesia-focused GP Ancora Capital has made a final close on its second fund at $128 million. The vehicle is currently 40% deployed, having made three investments since its launch in early 2011.
Fundraising | 18 Sep 2013 |
Specialist microfinance investor LeapFrog Investments has reached a first close of $204 million for its second fund after just eight months in the market. The vehicle, which has a full target of $400 million, will back companies in South Asia, Southeast...
South Asia | 11 Sep 2013 |
Global Founders Capital (GFC) a VC firm co-founded by Rocket Internet’s Samwer brothers, has made its first Asia investment - committing an undisclosed sum to Indonesian flight search engine Traveloka.
Southeast Asia | 10 Sep 2013 |
Eight Indonesian venture capital firms and incubators have come together to form a lobbying group known as the Alliance of Venture Capitals in Indonesia (AVCII). Members include CyberAgent Ventures, East Ventures, GEPI, Grupara, Ideosource, Jakarta Founders...
Venture | 30 Aug 2013 |
Singapore-based Phillip Capital Group has acquired a 9.71% stake in Intan Baruprana Finance (IBF), the financing arm of Indonesian heavy equipment distributor Intraco Penta, through a rights issue. Transaction value was not disclosed.
Expansion | 21 Aug 2013 |
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In 2015, China is expected to experience a "new normal of growth". For private equity investors, China's new stage of growth represents huge opportunities: an increase of 270% in online consumption, the reform of over a hundred sovereign-owned enterprises, trillion-dollar investments into overseas infrastructure projects, the rising entrance of young entrepreneurs, and many more.
To be held on 28 and 29 May, the 14th annual AVCJ China Forum 2015 in Beijing will feature these exciting topics and bring together top-notch speakers from across the world.Join the premium industrial gathering of over 300 private equity professionals, regulators and senior executives for two days of mind-provoking discussions, networking and more.
28-29 May 2015, China World Summit Wing,Beijing
There is a feeling that now is a shrewd time to invest in Japan and take advantage of the favourable conditions for private equity. Valuations are low compared with the rest of Asia and strategic buyers and the IPO market are providing an attractive route for exits. There are also signs that corporate Japan is slowly coming around to engaging PE as a potential buyer for non-core assets and recent developments at the GPIF suggest that PE will be under strong consideration for allocations from pension funds in the near future as well as regional banks committing to the asset class right now.
The macro concerns that have been present for many years still remain in terms of low growth and currency depreciation but these are encouraging times for fund managers looking to both raise capital from Japanese LPs and make investments.
245-26 June 2015, Conrad Hotel, Tokyo