Robert Petty, managing partner and co-founder at Clearwater Capital Partners, explains why a strong credit and special situations investment strategy in Asia often involves going against...
Distressed/Special Situations | 01 Jul 2015
A company owned by the Soetantyo family, which has extensive interests in Indonesia’s food sector, has agreed to buy North America-based Icicle Holdings from PE firm Paine & Partners.
Exits | 29 Jun 2015 |
Standard Chartered Private Equity (SCPE) has re-upped in Indonesia-based distributed power specialist Maxpower Group, providing $60 million in equity and serving as joint lead arranger on a $222 million debt refinancing for the company.
Expansion | 25 Jun 2015 |
Standard Chartered Private Equity (SCPE) has committed $52 million to Crystal Jade Group Holdings, a food and beverage conglomerate owned by L Capital Asia.
Greater China | 25 Jun 2015 |
Singapore's Temasek Holdings is a member of a CVC Capital Partners-led consortium that has agreed to buy a controlling stake in US-based generic drug manufacturer Alvogen. The deal is said to value the company at $2 billion.
North America | 23 Jun 2015 |
India-based impact investor Aavishkaar has reached a $45 million first close on its South and Southeast Asia-focused fund, which has a full target of $75 million.
Fundraising | 22 Jun 2015 |
First Reserve will subscribe to a portion of a S$169.5 million ($126 million) rights issue by its investee KrisEnergy. The capital is required to support the oil and gas exploration and production (E&P) company’s development.
PIPEs | 16 Jun 2015 |
The Securities Commission of Malaysia (SC) has announced six registered crowd equity platforms that will be allowed to raise capital for small businesses and start-ups.
Southeast Asia | 12 Jun 2015 |
Quadria Capital, the Singapore and India-based private equity firm, has reached a final close on its maiden healthcare fund at $304 million.
Fundraising | 10 Jun 2015 |
Manila customer support outsourcing start-up TaskUs has received a $15 million series A round from the Philippines-based Navegar Fund.
Southeast Asia | 10 Jun 2015 |
Sandiaga Uno, one of the founding partners at Indonesia-focused GP Saratoga Capital, is scaling back his formal corporate roles with a view to launching a career in politics.
People | 05 Jun 2015 |
Malaysian confectionary manufacturer Cocoaland Holdings, which has been targeted by Navis Capital Partners and EQT Partners, has received a buyout offer from a consortium including Hong Kong investment company First Pacific.
Buyouts | 04 Jun 2015 |
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).
Early stage | 04 Jun 2015 |
Saratoga Capital is focusing on infrastructure opportunities in Indonesia with a particular emphasis on power and telecommunications, according to Sandiaga Uno, one of the firm’s founding partners.
Southeast Asia | 27 May 2015 |
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In 2015, China is expected to experience a "new normal of growth". For private equity investors, China's new stage of growth represents huge opportunities: an increase of 270% in online consumption, the reform of over a hundred sovereign-owned enterprises, trillion-dollar investments into overseas infrastructure projects, the rising entrance of young entrepreneurs, and many more.
To be held on 28 and 29 May, the 14th annual AVCJ China Forum 2015 in Beijing will feature these exciting topics and bring together top-notch speakers from across the world.Join the premium industrial gathering of over 300 private equity professionals, regulators and senior executives for two days of mind-provoking discussions, networking and more.
28-29 May 2015, China World Summit Wing,Beijing
There is a feeling that now is a shrewd time to invest in Japan and take advantage of the favourable conditions for private equity. Valuations are low compared with the rest of Asia and strategic buyers and the IPO market are providing an attractive route for exits. There are also signs that corporate Japan is slowly coming around to engaging PE as a potential buyer for non-core assets and recent developments at the GPIF suggest that PE will be under strong consideration for allocations from pension funds in the near future as well as regional banks committing to the asset class right now.
The macro concerns that have been present for many years still remain in terms of low growth and currency depreciation but these are encouraging times for fund managers looking to both raise capital from Japanese LPs and make investments.
25-26 June 2015, Conrad Hotel, Tokyo