GIC Private’s PE allocation remained static at 9% last year as the Singapore sovereign wealth fund posted a 20-year annualized return of 4.9% for the 12 months ended March 2015, up from 4.1% in 2014.
Singapore-based Golden Gate Ventures has reached a first close of $35 million on its second Southeast Asia-focused fund, Golden Gate Ventures Fund II.
Singapore-based Jungle Ventures has appointed David Gowdey, previously of TPG Capital’s growth investment unit, as a managing partner.
Singapore-based Giosis, which manages e-commerce site Qoo10, has raised $82.1 million in a Series A round led by Singapore Press Holdings (SPH).
Zimplistic, the kitchen robotics start-up behind automatic flatbread maker Rotimatic, has raised $11.5 milllion in Series B funding from NSI Ventures and RBVC, the venture capital arm of German electronics multinational Robert Bosch.
Digital networks are remaking communication patterns across the world; where people living abroad once relied on postal services and analog telephone lines, now their loved ones are just an instant message away.
Singapore's government-sponsored investment fund Temasek Holdings and United Overseas Bank (UOB) have agreed to form a joint vehicle which will offer $500 million in venture debt financing to start-ups in China, India and Southeast Asia.
Singapore-listed warehouse operator Global Logistic Properties (GLP) has launched a $7 billion fund for developing logistics facilities in China.
Singapore sovereign wealth fund GIC Private has acquired a 35% stake in Brazil's Via Parque Shopping, a mall in Rio de Janeiro, for $41.89 million from developer Aliansce Shopping Centers.
UTAC Holdings, the Singapore-based precision engineering firm owned by TPG Capital and Affinity Equity Partners, is looking to raise as much as $350 million in its US IPO.
The start-up scene in Southeast Asia is growing apace but making the most of the region's potential is as much about having cross-border capabilities as it is about targeting the right opportunities
Asia-focused investment firm Rising Dragon Singapore has led a $15 million Series B round of funding for Fastacash, a Singapore-based social payments platform.
Luxury goods conglomerate LVMH has acquired Luxola, a VC-backed beauty e-commerce start-up based in Singapore, for an undisclosed sum.
Singapore-based online real estate portal PropertyGuru, which recently raised funds from TPG Capital, Emtek Group and Square Peg Capital, has bought sales and marketing platform ePropertyTrack.
Bain Capital has agreed to sell FCI Asia, which manufacturers connectors used in electronics, data storage and telecommunications, to US-headquartered industry peer Amphenol for $1.28 billion.
NSI Ventures, the VC unit of Northstar Group, and consumer and technology sector-focused investor F&H Fund Management have led an $8 million round for Singapore online restaurant platform Chope.
Standard Chartered Private Equity (SCPE) has committed $52 million to Crystal Jade Group Holdings, a food and beverage conglomerate owned by L Capital Asia.
Tech in Asia, a Singapore-based digital media company that focuses on Asian start-ups, has raised a $4 million round led by SB ISAT Fund, a $50 million vehicle backed by Japan's SoftBank and Indonesia's Indosat.
Singapore online property portal PropertyGuru has raised S$175 million ($129 million) from TPG Capital, Australia's Square Peg Capital, and Indonesian media company Emtek Group.
Ku Dé Ta Group, the Singapore luxury restaurant and club chain controlled by L Capital Asia, has has re-branded as Ce La Vi after losing a legal battle over naming rights.
Singapore-based GP Tembusu Partners has invested in local energy efficiency services start-up Barghest Building Performance (BBP), providing a "seven-figure" mezzanine commitment.
CreoPop, a Singapore start-up which has developed a pen that enables objects to be drawn in 3D, has received seed funding from Wavemaker Partners and the Singapore National Research Foundation (NRF).
Avago Technologies, a Singapore-incorporated chip maker backed by Silver Lake Partners, has agreed to buy its NASDAQ-listed rival Broadcom Corp. for $37 billion in cash and stock.