Rocket Internet’s Southeast Asian online shopping mall, Lazada, has raised a $250 million round of funding from Tesco, Access Industries, and return backers Investment AB Kinnevik and...
Southeast Asia | 10 Dec 2013 |
Southern Capital Group (SCG) has made a buyout offer for HELP International Corp, a listed Malaysian university operator, valuing the company at MYR359.3 million ($111.4 million). Should the offer be successful, HELP would be taken private.
Southeast Asia | 06 Dec 2013 |
Pelaburan Mara, the investment and asset management arm of the Malaysian government’s Majlis Amanah Rakyat agency, plans to launch a MYR300 million ($94.9 million) private equity infrastructure fund early next year to invest in the social infrastructure...
Southeast Asia | 01 Nov 2013 |
It's been a few years since Southeast Asia, spurred by rising interest in Indonesia, emerged as the hottest region for LPs seeking private equity exposure. While the frenzy has eased recently, the region remains an attractive location, especially for...
Southeast Asia | 30 Oct 2013
Jungle Ventures has led a $2 million round of Series A funding for iMoney, a Malaysia-based financial comparison start-up. Other investors include IMJ Fenox, Fenox Venture Capital, Redbright Partners, 500 Startups and Vogel Ventures, as well as German...
Venture | 25 Oct 2013 |
KKR has completed its first investment in Malaysia, paying approximately MYR642 million ($200 million) for a substantial minority stake in Weststar Aviation Services (WAS). It is also the first investment from KKR Asian Fund II, a $6 billion vehicle that...
Expansion | 10 Oct 2013 |
Creador will take a 20% stake in Malaysia-based payment services provider GHL Systems through a private placement of new shares. The capital will in part be used to finance GHL’s proposed acquisition of Australian Securities Exchange-listed e-pay Asia....
Expansion | 07 Oct 2013 |
Malaysia Venture Capital Management (Mavcap) plans to launch a $200 million investment fund platform fund later this year that will back technology-based companies at home and abroad.
Southeast Asia | 07 Oct 2013 |
Malaysian sovereign wealth fund Khazanah Nasional has appointed Charon Wardini Mokhzani as executive director in the managing director’s office. Charon is currently deputy CEO of CIMB Group, head of investment banking and CIMB Investment Bank chief....
Southeast Asia | 25 Sep 2013 |
Malaysia has teamed up with Japan-based Asian Energy Investments to form a $100 million venture capital fund to invest in clean technology in South East Asia.
Southeast Asia | 25 Sep 2013 |
Malaysian sovereign wealth fund Khazanah Nasional has sold its entire stake in local IT firm Time Engineering (TEB) to Censof Holdings for RM69.8 million ($21.3 million)
Exits | 16 Sep 2013 |
Ekuinas, a private equity investor backed by the Malaysian government, will make LP commitments to funds raised by five local PE firms. Four of the five – Tael Parnters, RM Capital Partners, Tuas Capital Partners and CMS Opus Private Equity – will...
Southeast Asia | 06 Sep 2013 |
Malaysian sovereign wealth fund Khazanah Nasional has agreed to pay $252 million for a 90% stake in Turkish health insurer Acibadem Sigorta. The investment facilitates the exit of The Abraaj Group, which held a 50% stake in the business.
Financials | 30 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 |
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India's private equity industry is in a state of transition, and only funds that are nimble on their feet and adaptive will ultimately survive. Find out what you need to navigate India's changing landscape at the 14th Annual AVCJ Private Equity & Venture India Forum on 5-6 December. Last year's Forum was attended by more than 250 top executives coming from 15 different countries and territories around the globe. Over 50 LPs joined the event, including dozens of foreign investors looking to increase their allocations to India or to invest in the country for the very first time. The conference featured in-depth analysis about India's private equity industry with sessions that covered topics ranging from confronting the difficult exit and fundraising environment, to understanding regulatory changes, to predicting where the industry will likely be in 2015.
Date: 5-6 December 2013
Venue: Tal Lands End, Mumbai
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.
, Four Seasons Hotel, Sydney