China Renaissance has added dedicated healthcare and mezzanine debt strategies to its existing growth-stage private equity offering as part of efforts to more than treble its assets under management (AUM) over the next three years.
China Venture Capital Fund, a VC vehicle backed by the Chinese government, and ChinaEquity Group have jointly led a RMB670 million ($101 million) round for 3D Medicines, which focuses on personalized diagnostics and treatment for cancer.
US-based mobile marketing platform AppLovin has terminated a planned $1.4 billion acquisition by Orient Hontai Capital, a PE unit of China’s Orient Securities, after a long delay in the regulatory approval process. It has opted for a debt-based deal...
Asian Venture Capital Journal was honored at the 2017 State Street Institutional Press Awards, Asia Pacific, for its private equity coverage.
KKR has appointed David Katz, formerly deputy global head and Asia Pacific head of government relations at PayPal, as a director and head of public affairs for the region.
Indian mid-market private equity firm Paragon Partners has closed its debut fund at $120 million.
Family offices represent an attractive and flexible source of capital for private equity firms, but GPs could do more to ensure the opportunities they pitch are a good fit for their audience.
Private equity exits have proved strong in 2017, with a range of buyers showing an appetite for PE-backed companies, industry participants told the AVCJ Forum.
Private equity has proven its worth as an asset class in India, but industry participants say achieving success in the market requires a specialized approach.
CDC Group has committed $25 million to Aavishkaar Venture Management’s latest India impact investment fund, which is targeting $200 million for deployment in small and medium-sized enterprises (SMEs) that serve poorer communities.
LPs are increasingly comfortable with adopting a range of strategies in Asia’s private equity community, industry participants told the AVCJ Forum.
Japan Post Bank’s has fully embraced the global remit of its recently launched private equity program, making commitments to funds around the world through fund-of-funds while considering direct investments in its home market.
The Monetary Authority of Singapore (MAS) has set up a S$27 million ($20 million) grant to support the country’s financial technology development ecosystem.
A byproduct of Asia’s technology boom is the emergence of a new generation of GPs that have spun out from global venture capital players and internet companies, with a view to capturing opportunities presented by this fast-moving sector.
Asian investors must plan to negotiate a China-dominated deal landscape with increased attention to technology and institutionalization trends, according to industry participants at the AVCJ Forum.
LPs must engage GPs more carefully as they become increasingly active players in Asia’s rapidly evolving private equity space, industry participants told the AVCJ Forum.
Private equity ownership can bring significant benefit to a portfolio company, but it can also be challenging for both the investor and the investee.
Fund managers in Asia’s middle market must demonstrate excellent customer service to make themselves stand out to increasingly overstretched LPs, industry participants told the AVCJ Forum.
Private equity investors are focusing on policy implementation, team culture and transparency as environmental, social and governance (ESG) practices become an increasingly pervasive aspect of GP-LP negotiations.
KKR was named firm of the year and won the large-cap fundraising prize at the 2017 AVCJ Private Equity & Venture Capital Awards. Yichen Zhang of CITIC Capital was honored as PE professional of the year while PAG Asia Capital and an MBK Partners and Goldman...
The focus for private equity firms in Asia has shifted from putting in place environment, social and governance (ESG) policies to implementing these policies across portfolios consistently and in ways that allow their impact to be measured.
As governments worldwide examine their policy commitments to sustainable development, private investors can play a pivotal role in their strategies, industry participants told the AVCJ ESG Forum.
Goldman Sachs and China Investment Corporation (CIC) have launched a private equity fund that is seeking to raise $5 billion to invest in US companies. The initiative is part of efforts to strengthen trade relations between the two countries.
Phoenix Travel Group, a China-based travel services provider, has raised a RMB700 million ($105 million) Series C round led by CITIC Capital, Haier Capital, Legend Holdings and Legend Capital.