China’s Ministry of Finance and the Cyberspace Administration of China (CAC) - the country's internet oversight agency - have launched an internet-related investment fund with a target of RMB100 billion ($15 billion).
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a $10 million investment in Indian logistics company Zinka Logistics Solutions.
New Zealand’s Pencarrow Private Equity has sold 100% of domestic tea and coffee company BrewGroup to Jacobs Douwe Egberts (JDE), a Netherlands-based beverages group active in more than 100 countries.
China Merchants Capital and Grand Fight Investment have co-led a $100 million Series C round of funding for Xueba, a Chinese education app that helps students understand homework exercises.
US-based VC investor OpenView has committed $25 million in Series A funding to Australian workforce management software developer Deputy.
Chinese online grocery retailer Miss Fresh has raised $100 million in a Series C round of funding jointly led by Lenovo Capital and Zheshang Venture Capital.
Apax Partners has completed its exit from Indian non-banking finance company (NBFC) Cholamandalam Investment & Finance.
Skadden has appointed Geoffrey Chan, formerly head of the Asia private investment funds practice at Ropes & Gray, as partner and head of its Asia Pacific investment management practice.
E-Shang Redwood (ESR), a pan-Asian logistics services company backed by Warburg Pincus, has moved into Southeast Asia with an agreement to buy 80% of Cambridge Industrial Trust (CIT), a Singapore real estate investment trust (REIT) with assets worth S$1.4...
Tokio Marine Capital has reached a second close of JPY41.7 billion ($363 million) on its latest Japan mid-market fund. The full target is JPY50 billion.
IDFC Alternatives, the alternative asset investment arm of India’s IDFC Group, plans to continue its strategy of building platforms with its fourth fund.
Saama Capital has closed its third India venture capital fund at $57 million, above the target of $50 million.
China VC-backed UrWork, a co-working space provider for start-ups, has raised a RMB400 million ($58 million) Series B round of funding at a post-money valuation of about $1 billion.
500 Startups has reached a final close of $15.4 million on its Thailand-focused early-stage fund. It had originally targeted $10 million.
China-focused technology investor IDG Capital has agreed to take a controlling stake in IDG Ventures, the global investment business of International Data Group (IDG) as part of a joint acquisition of IDG with privately held conglomerate China Oceanwide...
Co-investment opportunities are increasing in Asia, with LPs pushing for direct exposure to deals and GPs more willing and able to bring them in, but they do not appeal to all institutional investors.
Valuations remain a key obstacle to securing secondary transactions in Asia, even as a generation of funds becomes a year older and still struggles to generate liquidity, but the market is also growing in complexity due to the nature of the assets on...
Chinese conglomerate Fosun International has entered a strategic partnership with Iron Pillar, an India-based VC firm focused on mid-stage technology companies, to make co-investments in India.
Global LPs targeting increasingly complex opportunity sets in Asia must streamline their activity and employ a range of techniques to reconcile shortages in investment team resources, panelists told the Hong Kong Venture Capital & Private Equity Association's...
Warburg Pincus has invested INR8.2 billion ($120 million) for a 14% stake in Indian listed film and retail entertainment company PVR, providing a partial exit for Multiples Alternative Asset Management.
India Value Fund Advisors (IVFA) has changed its name to True North (Managers) and formalized its sector specialist strategy.
Shanghai-based Innotech Capitals, a PE arm of Innotech International Group specializing in advertising technology, has acquired US data aggregation platform Ad-Juster with a view to helping the company expand into Asia.
Neev Fund, an investment vehicle sponsored by the State Bank of India (SBI), has led a $10 million Series D round for Milk Mantra Dairy.
CVC Capital Partners has agreed to sell Chinese quick service restaurant operator Da Niang Dumpling Holdings to domestic hotel operator GreenTree Inns.