MENA
TPG Asia managing partner expands coverage to Middle East
Ganen Sarvananthan, an Asia managing partner at TPG, has been awarded an expanded brief that now includes the Middle East.
Gulf Capital invests $30m in India healthcare push
Abu Dhabi-based Gulf Capital has committed $30 million to a plan that will see its global fertility services platform launch 18 clinics in India over the next 12 months.
India's FreshToHome raises $121m Series C
FreshToHome, an Indian food delivery platform backed by local VCs Iron Pillar and Ascent Capital, has raised a $121 million Series C round.
Singapore's Golden Equator gets $18m strategic investment
Singapore-based investor Golden Equator has received a S$24.6 million ($18 million) strategic investment from a group of high net worth individuals and sovereign wealth funds.
Japan's Mitsui backs $100m VC fund in Israel
Japan’s Mitsui & Co has invested in Israel-based Magenta Venture Partners’ debut fund, which is targeting $100 million and to date backed entirely by Japanese corporates.
Kerogen closes second energy fund at $830m
Kerogen Capital, a Hong Kong-headquartered GP specializing in international energy investments, has closed its second fund at $830 million.
China's I-Bridge Capital launches Israel pharma JV
Chinese healthcare-focused VC firm I-Bridge Capital has launched a joint venture (JV) with Israeli biopharmaceutical company BioLineRx that will target cross-border penetration of Chinese markets.
Global Brain in $13.1m round for US, Israel-based YouAppi
YouAppi, a mobile advertising analytics start-up based in Israel and the US, has raised a $13.1 million Series B round from a consortium of investors including Global Brain to support its Asia expansion.
China Everbright, Catalyst raise $200m for Israel fund
Catalyst CEL Fund, which is managed by Hong Kong-based asset manager China Everbright and Israel’s Catalyst Private Equity, has beaten its initial target of $200 million.
KKR sets up oil and gas services platform
KKR has set up an oil and gas services platform that will handle the engineering, maintenance, repair and overhaul needs of owners and operators.
SoftBank backs US-based Cybereason, supports Japan expansion
SoftBank Corp. has led a $59 million Series C round of funding for US-based Cybereason and will help the company distribute its cyber-security platform in the Japanese market.
China’s CreditEase reaches first close on Israel fund
CreditEase, a leading Chinese peer-to-peer (P2P) microcredit lender, has reached a first close of $30 million on its debut Israel-focused fund.
Fund focus: Vertex strengthens its global foothold
Vertex Venture Holdings will use its new $600 million allocation from Temasek Holdings to invest in Vertex family funds across the US, Israel and China
Vertex raises $600m for China, US, Israel investments
Vertex Ventures, the VC arm of Singapore's Temasek Holdings, has received $600 million from its parent to invest in start-ups in China, the US and Israel.
Hony, CITIC Goldstone support Bright Food's Tnuva deal
Hony Capital and CITIC Goldstone will cover close to three quarters of a RMB9 billion ($1.45 billion) private placement by Shanghai-listed Bright Dairy, which will be used fund the acquisition of Israel-based Tnuva Food Industries from its parent, Bright...
Asian LPs back Israel-based Viola’s $250m fund
At least six Asian investors are LPs in the latest fund being raised by Israel-based technology growth capital and buyout firm Viola Private Equity, which reached its targeted amount of $250 million.
Top Standard Chartered banker quits to raise PE fund
Viswanathan Shankar, Standard Chartered's group executive director and CEO for Europe, Middle East, Africa and Americas is leaving the firm to set up his own private equity fund.
China’s Alibaba backs Israeli venture fund
Alibaba Group has made an LP commitment to the latest fund being raised by Israel-based VC firm Jerusalem Venture Partners (JVP). It comes two months after the Chinese e-commerce giant made its first director investment in Israel.
China’s Sailing makes partial exit from Israel-based Mobileye
China’s Sailing Capital has raised $77.5 million by selling a portion of its shares in Mobileye, an Israel-based road accident avoidance technology developer that went public in the US in August last year.
Global ambitions: China targets Israel VC
Chinese corporates and financial investors are gravitating to Israel in their quest for high-end technology. This has buoyed local VC activity and more cross-border expansion is likely to follow
KIC, Kingdom Holdings to partner on PE investments
Korea Investment Corporation (KIC) and Kingdom Holding Company (KHC), an investment company controlled by Saudi billionaire Prince Alwaleed bin Talal, have agreed to collaborate on private equity investment opportunities.
Fidelity commits $10m to Greenlight Planet
Fidelity Growth Partners India has led a $10 million round of funding for Greenlight Planet, a US-based manufacturer of solar-powered lanterns for use in off-grid homes in developing countries.
L Capital Asia backs Saudi Arabia gourmet confectioner
L Capital Asia - a PE firm sponsored by luxury goods conglomerate LVMH - has secured its first Middle East investment with the acquisition of a minority stake in Bateel, a luxury confectioner based in Saudi Arabia.
Samurai Incubate targets Tel Aviv
When Prime Minister Shinzo Abe travels to Israel later this month it will be the first time a Japanese leader has visited the country since Junichiro Koizumi in 2006.