Chinese insurers have received regulatory clearance to invest in venture capital funds, the latest in a string of moves that are liberalizing investment channels for the sector and allowing...
Fundraising | 19 Dec 2014 |
AVCJ's daily bulletin is taking a short break for the festive holiday season.
Performance | 19 Dec 2014 |
Wiser Capital Management, a recently formed alternative investment firm, has officially launched operations by opening an office in Hong Kong.
Greater China | 18 Dec 2014 |
Cathay Capital has reached a final close on its latest Sino-French fund at the hard cap of EUR500 million ($624 million) after less than a year in the market.
Fundraising | 17 Dec 2014 |
The supplement featuring winners of the 2014 AVCJ Private Equity and Venture Capital Awards that appeared with last week’s issue of the magazine is now available for download.
Performance | 16 Dec 2014 |
Baring Private Equity Asia has pushed its $3.85 billion final close on Fund VI to January because the last few LPs want their commitments to fall in the 2015 calendar year.
Fundraising | 16 Dec 2014 |
Chinese media and entertainment group Enlight Media has launched a venture fund with a target of RMB1 billion ($160 million).
Greater China | 15 Dec 2014 |
The Overseas Private Investment Corporation (OPIC), a development finance arm of the US government, has committed up to $42 million to Lighthouse Funds’ second India vehicle.
Fundraising | 15 Dec 2014 |
SC Capital Management has reached a final close of $850 million on its fourth Asia-focused property fund. The corpus represents a substantial increase on Fund III, which raised $530 million in 2011.
Fundraising | 12 Dec 2014 |
India's state governments have been instructed to ban all unregistered web-based taxi booking services - impacting VC-backed start-ups like Ola and TaxiforSure - following a rape involving a driver contracted by US-based Uber.
Venture | 11 Dec 2014 |
Singapore-based PE firm Tembusu Partners and local media entrepreneur Calvin Cheng have joined forces with Yu Dong, China Bona Film Group’s CEO, to launch a $100 million fund targeting China’s media and entertainment industry.
Greater China | 11 Dec 2014 |
The Reserve Bank of India (RBI) has said it will allow alternative investment funds (AIFs), to invest overseas.
South Asia | 10 Dec 2014 |
Chinese mobile phone maker Xiaomi and software developer Kingsoft will participate as LPs in a RMB200 million ($32.5 million) fund that will make investments related to intellectual property.
Fundraising | 08 Dec 2014 |
Crescent Capital Partners has reached a final close on its fifth Australia and New Zealand-focused fund at the hard cap of A$675 million ($565 million) after only 10 weeks in the market.
Fundraising | 05 Dec 2014 |
Agribusiness-focused Indian GP Rabo Equity Advisors has raised $80 million for its second fund - India Agri Business Fund II - and expects to reach the $100 million mark in the next few months.
Industrials | 05 Dec 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