Kerogen Capital has invested A$30 million ($27 million) in Twinza Oil, which has oil and gas interests in Australia, Papua New Guinea and Thailand. The energy-focused GP is also said to...
Industrials | 13 Mar 2014 |
L Capital Asia, the private equity firm backed by luxury goods conglomerate LVMH, has bought a 51% stake in Ku Dé Ta Group, a restaurant and club operator with interests in Singapore and Thailand.
Consumer | 13 Mar 2014 |
Franklin Templeton has reached a final close of more than $220 million on its latest emerging markets fund. The vehicle, which launched in March 2012 with a target of $300 million, has already made three investments.
Fundraising | 12 Mar 2014 |
Creador is in the process of raising its second fund, which has a target of $250 million, to be deployed in Indonesia, Malaysia and India. CEO Brahmal Vasudevan explains where the firm is investing and why
GPs | 12 Mar 2014
E-commerce has emerged as the star of Indonesia’s expanding start-up space. Early-stage investors are scrambling to fill their shopping carts, but you have to pick the right spots and deploy the right resources
Venture | 12 Mar 2014 |
Indonesia appears to have weathered the worst of its recent economic storms, but the route towards long-term sustainable growth has yet to be mapped out. PE investment theses rely on sensible navigation
Investments | 12 Mar 2014 |
Limited partners around the globe are now returning private equity opportunities in developed Western markets, especially those of the US, a number of recent surveys indicate. Asian private equity, and Southeast Asia in particular, has fallen a few notches...
Southeast Asia | 12 Mar 2014
Shelf Drilling, a shallow water drilling services company set up by Australia’s CHAMP Private Equity in conjunction with its US affiliate Castle Harlan and Lime Rock Partners, plans to list on the London Stock Exchange in May.
Exits | 10 Mar 2014 |
Munich Private Equity Partners set up its first overseas office in Shanghai to demonstrate a commitment to Asian managers, with China at the fore. It is now seeking out local champions
LPs | 05 Mar 2014
CVC Capital Partners has raised IDR2.49 trillion ($215 million) by trimming its stake in Indonesian retailer Matahari Department Store. This follows a $1.3 billion share sale last year by the PE firm and its local partner, the Riady family’s Lippo Group....
Exits | 04 Mar 2014 |
Food Runner, a Singapore-based food delivery company backed by Digital Media Partners, has acquired Philippines counterpart City Delivery.
Venture | 28 Feb 2014 |
Tradeshift, a start-up which provides businesses with free payment management tools, has raised $75 million from Singapore-based Scentan Ventures.
Venture | 26 Feb 2014 |
Baring Private Equity Asia has sold its 41.65% stake in air freight and passenger services provider Cardig Aero Services (CAS) to Singapore Airport Terminal Services (SATS) for IDR1.1 billion ($93.5 million). The PE firm invested approximately $41 million...
Exits | 25 Feb 2014 |
Kendall Court has acquired Intrepid Mines’ interest in the Tujuh Bukit copper-gold project in Indonesia for $80 million, ending the Australia-listed resources company’s long-running ownership dispute over the asset.
Regulation | 25 Feb 2014 |
International Finance Corporation (IFC), the investment arm of the World Bank, plans to invest $25 million in Olympus Capital Asia’s latest pan-regional environment fund. The vehicle has a target size of $300 million.
Fundraising | 24 Feb 2014 |
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Join us at the 11th Annual AVCJ Private Equity & Venture Australia and New Zealand Forum on 5-7 March at the Four Seasons Hotel in Sydney to find out how funds of varying size are raising capital, sourcing deals and exits, as well as all you need to know to effectively navigate Australasia's changing alternative asset landscape.
After a decade-long mining boom the economy is experiencing a loss of momentum and the resulting deal flow reduction and lack of value in the market means GPs are chasing many of the same acquisition targets. That said, the exit market is recovering with both IPOs and M&A activity picking up, and an increase in LPs appetite for the asset class, and the recent government change means that the industry is cautiously optimistic for the future and expecting a rise in activity over the next 12 months.
5-7 March 2014, Four Seasons Hotel, Sydney