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 |
Brad Gordon, the chief executive of Intrepid Mines - the embattled Australia-listed resources company backed by Hong Kong private equity firm Quantum Pacific - has resigned.
Southeast Asia | 09 Aug 2013 |
WLR China Energy Infrastructure Fund (CEIF) - a private equity fund managed by Invesco WLR Private Equity - has taken part in a Series B round of funding for Organica Water, a global waste water treatment solutions provider, led by International Finance...
Cleantech | 08 Aug 2013 |
Singapore’s DBS Group has abandoned its $7.3 billion takeover bid for Indonesia’s Bank Danamon after deciding the regulatory hurdles were insurmountable.
Financials | 01 Aug 2013 |
Sari Wangi is Indonesia's largest private tea player. CLSA Capital Partners invested not so much for exposure to the crop as what the company offers as a platform for distributing agricultural technology.
Consumer | 31 Jul 2013 |
India and Southeast Asia-focused GP Creador is expected to reach a first close of $105 million on its second fund by mid to late August. The full target is $250 million.
Fundraising | 26 Jul 2013 |
KKR will become the second-largest shareholder in Indonesia’s Tiga Pilar Sejahtera Food (TPSF) after agreeing to buy an approximately 9.5% stake for an undisclosed sum. The investment, which is being made through funds advised by KKR Asset Management,...
Southeast Asia | 22 Jul 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