Goldman Sachs has exited its majority stake in New Zealand retirement village operator Vision Senior Living to Metlifecare. The acquisition – which includes Private Life Care Holdings...
Consumer | 07 May 2012 |
Between now and the end of May, around 900 New Zealand investors are expected to sign up as LPs in Maui Capital’s new fund. With commitments ranging from NZ$100,000 ($81,000) to NZ$20 million, they are only expected to account for around two thirds...
Australasia | 25 Apr 2012 |
New Zealand’s Maui Capital has so far received commitments of NZ$92 million ($75.5 million) from institutional investors for its latest fund, which has a target of NZ$250 million. The vehicle is the same size as its predecessor, the 2008 vintage Maui...
Australasia | 18 Apr 2012 |
Valar Ventures, the venture capital firm run by PayPal co-founder Peter Thiel, has raised NZ$40 million ($32 million) for a vehicle launched in partnership with the New Zealand Venture Investment Fund (NZVIF).
Venture | 22 Mar 2012 |
Subsea Investments II, a private equity fund backed by US-based LPs, will invest up to $7 million for shares issued by NZAX-listed Chatham Rock Phosphate (CRP).
Australasia | 15 Mar 2012 |
US venture capital firm Columbia Capital has invested $20 million in Cloud Sherpas, a newly merged cloud computing solutions provider focused on Asia Pacific and the US.
Technology | 08 Mar 2012 |
Taiwan’s National Development Fund (NDF) has agreed with New Zealand Venture Investment Fund (NZVIF) to establish a NT$5 billion (US$169.39 million) joint venture fund.
Australasia | 06 Mar 2012 |
Australia’s banks have proposed a standard set of rules on who can do what in the event of a default. They say it will stimulate the mezzanine market but junior lenders claim the measures are too restrictive
Mezzanine | 29 Feb 2012 |
Food assets – notably fresh produce – are increasingly attractive to private equity firms as they potential trade sale exits to Asian corporates looking to satisfy rising domestic demand
Australasia | 29 Feb 2012 |
New Zealand dairy farm investor MyFarm Asset Management has launched a specialist investment fund which aims to raise NZ$75 million ($62 million), partly through an IPO on alternative securities exchange Unlisted.
Australasia | 23 Feb 2012 |
Quadrant Private Equity has agreed to form an outdoor advertising joint venture with APN News & Media worth A$272 million ($289 million). APN had decided further investment was required to support expansion and entered into exclusive negotiations with...
Media | 23 Feb 2012 |
APN News & Media has entered into exclusive negotiations with Quadrant Private Equity concerning its outdoor advertising business. It comes after a strategic review concluded that the asset shouldn’t be sold but that further investment was required...
Australasia | 17 Feb 2012 |
Wolseley Private Equity has fully exited Australian fruit and vegetables supplier Freshmax through a secondary sale to Maui Capital, an Auckland-based private equity firm. The deal closed before the end of 2011, giving Wolseley enough time to return money...
Australasia | 30 Jan 2012 |
US private equity firm SCF Partners and Australia’s Viburnum Funds have acquired a majority stake in the newly created Vautron Group as part of a buyout transaction.
Australasia | 12 Jan 2012 |
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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