RRJ Capital has closed its third fund – which invests globally, with an emphasis on China and Southeast Asia – at $4.5 billion after approximately nine months in the market.
Fundraising | 05 Oct 2015 |
Apollo Global Management has fully exited India-based direct-to-home TV service provider Dish TV, selling its remaining 3.58% stake for INR3.99 billion.
South Asia | 02 Oct 2015 |
There will be no AVCJ bulletin on October 1 due to a public holiday in Hong Kong marking China's National Day.
Performance | 30 Sep 2015 |
The Asian Development Bank (ADB) will double its investment in countering climate change in developing countries to $6 billion by 2020, up from the current $3 billion.
Cleantech | 29 Sep 2015 |
Qualcomm Ventures, the VC arm of US semiconductor producer Qualcomm, has formed a $150 million fund to invest in Indian mobile and internet start-ups.
South Asia | 29 Sep 2015 |
There will be no AVCJ bulletin on Monday September 28 due to a public holiday in Hong Kong marking the Mid-Autumn Festival.
Performance | 25 Sep 2015 |
Fosun Group and the Zhejiang provincial government will launch a RMB10 billion ($1.6 billion) renminbi-denominated fund-of-funds (FoF), with a view to restructuring and transforming different industries.
Greater China | 25 Sep 2015 |
Singapore's National Research Foundation (NRF) will commit S$40 million ($28 million) to local venture capital funds through the third installment of its Early Stage Venture Fund (ESVF).
Southeast Asia | 22 Sep 2015 |
Asian Venture Capital Journal has been acquired by Mergermarket Group, a BC Partners portfolio company. It brings to an end Incisive Media’s nine-year tenure as owner of the brand.
Performance | 22 Sep 2015 |
Hony Capital is looking to raise $2 billion for its latest Greater China-focused fund. A first close of $1 billion is expected in mid-October.
Greater China | 22 Sep 2015 |
NewQuest Capital Partners, which targets secondary direct transactions across Asia, wants to raise $500 million for its third pan-regional fund.
Fundraising | 22 Sep 2015 |
Trifecta Capital, the venture debt firm set up by former Canaan Partners Managing Director Rahul Khanna, has reached a first close of INR2 billion ($30 million) on its debut fund.
South Asia | 21 Sep 2015 |
Bank of Tokyo-Mitsubishi UFJ (BTMU) has committed $30 million to Asia Climate Partners, a fund set up by the Asian Development Bank (ADB), Japan’s Orix Corp, and Robeco Institutional Asset Management.
Fundraising | 21 Sep 2015 |
ADV Partners has reached a final close of $545 million on its debut pan-regional fund, exceeding the $500 million target. Approximately 30% of the corpus has already been deployed.
Distressed/Special Situations | 21 Sep 2015 |
Pacific Equity Partners (PEP) has closed its fifth Australia and New Zealand-focused fund at the hard cap of A$2.1 billion ($1.5 billion). The vehicle came in oversubscribed as LP interest grew following a string of exits by the GP over the past 18 months.
Australasia | 19 Sep 2015
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The AVCJ Forum is the leading private equity and venture capital event in Asia. For 28 consecutive years, the AVCJ Forum has been the chosen platform where private equity's leading figures share their views on the Global and Asian market, debate their predictions and set the trends that shape the future of investments in the industry. Attended by a thousand senior delegates, the AVCJ Forum is the center of a weeklong ecosystem of investor meetings, VIP dinners and other high-level networking events that are supported by the biggest and most influential firms in the alternative assets industry.
These are important times for the private equity industry. General partners are becoming a more important and influential force in the global markets. With the diversification into other classes of the alternative space, private equity firms are cornering the market for private market investing by offering companies customized solutions for their financing needs. Traditional private equity firms have also upped their game with a renewed focus on operational value-add. Also back on the top are venture capitalists as they fuel the skyrocketing of the technology company valuations. Meanwhile, the Limited Partners community is also evolving with many positioning themselves as co-investment partners and branching out into direct investments while others continue to play the passive traditional LP role.
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