Strong capital markets facilitate bumper exit activity; pan-regionals, venture capital dominate fundraising; China’s leads revival in growth capital investment, with Korea still buyout...
Investments | 17 Dec 2014 |
United Cinemas was struggling in the face of macro headwinds and low consumer confidence, but Advantage Partners’ saw the bigger picture and delivered blockbuster returns
Exits | 10 Dec 2014 |
CDH Investments’ acquisition of Nanfu Battery is a rare carve-out from a multinational in China, and an even rarer example of a PE firm returning to back a former portfolio company
Buyouts | 10 Dec 2014 |
Affinity Equity Partners and KKR made Oriental Brewery the market leader in Korea’s beer industry, then exited via Asia’s largest-ever trade sale. For this and other activities, Affinity was also named Firm of the Year
Exits | 10 Dec 2014 |
Regulations proposed by the government for China’s National Social Security Fund include a provision that suggests the pension fund could invest in offshore private equity. But how soon?
LPs | 10 Dec 2014 |
As valuations in the tech space continue to soar, comparisons are inevitably drawn with the dotcom bubble era. Asia can point to favorable fundamentals, but it remains to be seen whether the exuberance is justified
Venture | 10 Dec 2014 |
Healthcare-focused private equity firms want to take technologies from developed markets into China, leveraging rising domestic demand. It is a lucrative strategy, but not necessarily a straightforward one
Healthcare | 03 Dec 2014 |
India has yet to fulfil its potential as a direct secondaries market as buyers and sellers fail to agree on valuations. A revival in investor sentiment hasn’t helped matters, but patience may eventually pay off
Secondaries | 03 Dec 2014 |
A majority stake in CARE Hospitals has allowed Advent International into India’s fast-growing healthcare sector. Rather than blindly pursuing expansion, the PE firm is building a business tailored to local demand
Buyouts | 03 Dec 2014 |
India’s young demographic and growing mobile adoption is an opportunity waiting to be tapped for early-stage investors. Industry incumbents are making the most of it, but there is room for more
Early stage | 26 Nov 2014 |
With investor sentiment in India’s public markets on a roll, a host of mid-market private equity firms are either in fundraising mode or about to enter it. For some managers, at least, it will be a difficult process
Fundraising | 26 Nov 2014 |
The India private equity buyout thesis is gathering momentum, with economic and generational factors swinging in the industry’s favor. GPs must convince LPs that they have the skills to execute this strategy
Buyouts | 26 Nov 2014 |
Exits have been the bane of Indian private equity, with many GPs struggling to monetize investments made before the global financial crisis. Optimism has returned to the country; so have exits. But will it last?
Exits | 26 Nov 2014 |
Updating your subscription status
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