Singapore
Oman's Jabreen Capital buys stake in EastBridge
Oman-based private equity firm Jabreen Capital is expanding into Southeast Asia with the acquisition of a stake of undisclosed size in the Singapore division of Korean counterpart EastBridge Partners.
Invesco commits $300m to Southeast Asia's Grab
Southeast Asian ride hailing and online-to-offline (O2O) services platform Grab has received a $300 million commitment from global investment manager Invesco as part of its ongoing $6.5 billion Series H round.
Singapore's PE-backed Home Control files for HK IPO
Home Control International, a Singapore-based manufacturer of remote controls for television and smart devices owned by Morgan Stanley Private Equity Asia (MSPEA), has filed for an IPO in Hong Kong.
Singapore's PE-backed Trax secures US retail tech bolt-on
Trax, a Singapore-based developer of retail computer vision and analytics solutions with several private equity backers, has acquired US-based shopping rewards app developer Shopkick for an undisclosed amount.
China GPs join Singapore's Novena for $150m healthcare fund
China-based GPs Sinopharm Capital and Cedarlake Capital have announced a $20 million investment in Singapore-based healthcare platform Novena Global Lifecare, along with a strategic partnership for a $150 million fund that will support Southeast Asian...
Temasek-backed PE bonds attract record retail following
A growing number of Singaporean retail investors are seeking PE exposure under a program overseen by Temasek Holdings. Nearly 31,000 applications representing S$820 million ($602 million) were submitted for the S$180 million worth of bonds – backed...
Malaysia's Kenanga launches late-stage VC fund
Malaysia’s Kenanga Investment Bank has launched a venture fund of undisclosed size that will invest exclusively in companies that have achieved unicorn status or are within 6-24 months of IPO.
Asia Partners raises $70m for SE Asia growth deals - update
Asia Partners, a Singapore-based VC firm co-founded by Nick Nash, the former group president of mobile internet and gaming platform Sea, has raised more than $70 million for its debut fund, which will invest in Southeast Asian technology companies at...
Korea's Crescendo invests $50m in Qxpress
Qxpress, the logistics subsidiary of Southeast Asian e-commerce platform Qoo10, has raised $50 million from Korean private equity firm Crescendo Equity Partners.
Singapore's Wavemaker reaches $60m first close on third fund
US and Singapore-based early-stage VC firm Wavemaker Partners has reached a first close of $60 million for its third Southeast Asia-focused fund. The target is $100 million.
ComfortDelGro backs Singapore logistics start-ups
Singapore land transport services company ComfortDelGro has backed two local logistics start-ups via its recently launched venture capital arm.
Temasek launches Asia impact fund
Singapore’s Temasek Holdings has set up a private equity fund that will make impact investments, primarily in developing Asia.
Singapore's EV Growth closes debut fund at $200m
Singapore-based EV Growth, a joint venture between East Ventures, Indonesia’s Sinar Mas Digital Ventures (SMDV) and Japan’s YJ Capital, has closed its first fund at $200 million.
Singapore's VisVires launches $150m food tech fund
VisVires New Protein, a Singapore-based VC firm specializing in food technology, has launched its second fund with a target of $150 million. Fund I closed at $40 million in 2016.
Genesis starts Southeast Asia venture debt business
Sassoon Investment Corporation, the family office of the Sassoon family, and Indonesian bank CIMB Niaga have launched Genesis Alternative Ventures, a venture debt provider targeting start-ups in Southeast Asia.
Temasek-owned Azalea targets $600m from PE-backed bonds
Temasek Holdings-owned Azalea Asset Management is once again offering Singapore retail investors the opportunity to participate in private equity with plans to raise around $600 million through the sale of bonds backed by LP interests in funds.
Sequoia, MassMutual lead Series B for Singapore's Biofourmis
Sequoia Capital India and MassMutual Ventures have led a $35 million Series B round of funding for Singapore-based Biofourmis, operator of a health analytics platform that tracks how patients are responding to treatment.
Deal focus: Clearing up Southeast Asia’s currency chaos
Investors see opportunity in bringing a promising currency exchange-focused fintech model from Europe into Southeast Asia. Singapore-focused YouTrip is the region’s first mover in this niche
Archipelago closes debut fund at $75m
Southeast Asia-focused private equity firm Archipelago Capital Partners has closed its debut fund at $75 million, and plans to raise a successor vehicle in 2020.
Vertex raises $230m for India, Southeast Asia fund
Vertex Venture Holdings (VVH), the VC arm of Singapore’s Temasek Holdings, has reached the initial $230 million target for its fourth Southeast Asia and India fund in a single closing.
Hong Kong fintech player YouTrip gets $25.5m
Insignia Ventures Partners has joined a $25.5 million seed round for YouTrip, a Hong Kong-based financial technology company focused on travelers in Singapore.
InnoVen raises $200m from Temasek, UOB
InnoVen Capital, a venture debt firm active in India, China, and Southeast Asia, has raised $200 million from its primary shareholders Temasek Holdings and United Overseas Bank (UOB).
Q&A: MassMutual Ventures' Ryan Collins
Ryan Collins, a managing director with MassMutual Ventures, discusses being a financial rather than a strategic investor, the rise of VC in Southeast Asia, and giving entrepreneurs straight answers
CITIC Capital invests in Singapore marketing firm
CITIC Capital has invested an undisclosed sum in Cityneon, an entertainment media-focused marketing firm based in Singapore.