IMM Private Equity has closed its third Korea-focused fund at approximately KRW1.25 trillion ($1.15 billion), having seen an uptick in foreign investor participation compared to the previous vehicle.
The Indian government has launched a INR600 million ($9 million) fund-of-funds to support domestic start-ups in rural and agriculture-focused industries.
Chinese boutique investment bank and advisory firm CEC Capital Group – formerly known as China eCapital – has agreed to buy US-based counterpart Siemer & Associates (S&A).
DCL Investments, a spin-out from China-focused distressed debt and special situations investor Shoreline Capital, has closed its debut fund with more than RMB3.7 billion ($500 million) in commitments.
South Korea’s Public Officials Benefit Association (POBA) has allocated $120 million to US mezzanine funds managed by Crescent Capital Group, Falcon Investment Advisors and GoldPoint Partners.
Redpoint Ventures, a US early-stage venture firm, has closed its debut China VC fund at $180 million.
Placement agent and secondaries advisory firm Sixpoint Partners has appointed Joan Tan, formerly of Diamond Dragon Advisors, as managing director and head of Asian distribution.
Chinese corporates are becoming savvier in how they target overseas assets and engage in M&A activity, but preparation and sound advice are essential to deal execution and post-investment integration, industry participants told the China M&A Forum.
Voting for the 2016 AVCJ Private Equity & Venture Capital Awards runs until October 28.
Hong Kong-based private equity real estate investor Gaw Capital Partners has partnered with Australia's Abacus Property Group on an Australia-focused real estate fund.
Singapore-listed energy trading company New Silkroutes Group (NSG) has formed a joint venture with three parties to develop private equity funds targeting healthcare and infrastructure in emerging and developed Asia.
The chairman of Australia’s Foreign Investment Review Board (FIRB), Brian Wilson, has delayed taking up an advisory role with The Carlyle Group until his term with the regulator ends.
InnoVen Capital has provided more than $20 million in venture debt across 15 deals for new and existing portfolio companies in India in the second quarter of the 2017 financial year.
There will be no AVCJ bulletin on October 10 due to a public holiday in Hong Kong marking the Chung Yeung Festival.
Indian venture capital firm Ventureast Fund Advisors has reached a first close of $83 million on its latest technology-focused fund.
Japan’s Genuine Startups and US design company Ideo have launched a Tokyo-based venture capital unit that will invest in domestic early-stage companies with plans for international expansion.
VIG Partners has reached a first close of $480 million on its third Korea-focused fund. The GP, which was formerly known as Vogo Investment, is expected to reach its target of $600 million by the end of the year.
US-based accelerator 500 Startups has launched its second seed fund focused on Southeast Asia, with a targeted corpus of $50 million.
Caisse de dépôt et placement du Québec (CDPQ) has agreed to invest up to $700 million in Edelweiss Group for investments in private debt in India.
Innovation Network Corporation of Japan (INCJ) has committed up to JPY10.4 billion ($102.6 million) to funds managed by domestic VC firms MedVenture Partners and Universal Materials Incubator.
Zoomlion Heavy Industry Science and Technology, a China-based construction machinery maker, has launched an industry PE fund with an overall target of RMB3.21 billion ($481 million).
Indian venture capital firm YourNest has launched its second fund for early-stage investments with a target size of INR3 billion ($45.1 million).
Japan’s Jafco has achieved a first close on its fifth global venture capital and buyout fund with JPY41 billion ($408 million) in commitments.
UK development finance institution CDC Group has invested INR3.3 billion ($49.7 million) in Indian private lender RBL Bank.