Chinese state-backed Tsinghua Unigroup has withdrawn its NT$56.8 billion ($1.7 billion) offer to acquire a stake in Silicon Precision Industries (SPIL), a Taiwanese semiconductor testing and packaging company.
AVCJ's daily bulletin will not be published on Monday May 2 due to the Labor Day public holiday in Hong Kong.
Xiaoming Huang, a Chinese actor who co-founded celebrity fund StarVC, has launched a new venture capital firm called Ming Capital.
Start-up incubator Rocket Internet and Sweden's Investment AB Kinnevik have committed EUR300 million ($339 million) to their emerging markets-focused online fashion portal Global Fashion Group (GFG), at a valuation of EUR1 billion.
Singapore’s Temasek Holdings has combined its sector and market investment teams under a single investment group – promoting to president the two executives who will run this division – and created a new portfolio strategy and risk group in response...
Taiwan-based hardware developer HTC has launched a global accelerator program with $100 million to support start-ups working on virtual reality (VR) applications.
Aarin Capital has anchored the launch of Ideaspring Capital, a venture fund seeking to raise INR1.2 billion ($18.8 million) for investments in Indian technology start-ups.
The Thailand government has announced the launch of a THB20 billion ($568 million) venture fund as part of an economic modernization agenda.
Zhaohui Wang, co-founder and formerly operating partner at Innovation Works, has launched a China-focused seed fund to invest in culture, media and sport-related assets.
The International Finance Corporation (IFC), the investment arm of the World Bank, has formed a $1 billion partnership with Apollo Global Management to invest in distressed assets in emerging markets.
FountainVest Partners and its portfolio company Focus Media - a Chinese outdoor advertising business that went public via a backdoor listing last year - will launch a $400 million sport industry-focused fund.
Large institutional Asian LPs are looking to boost allocations to alternative assets, including private equity, as they seek to diversify portfolios in response to economic volatility, according to UBS Asset Management.
The new CEO of Japan Post Holdings has underlined his commitment to targeting riskier asset classes, including private equity and direct M&A opportunities. This comes as several local insurers are branching out into higher-return investments overseas...
Rishi Navani, co-founder of Matrix Partners India, has left the GP to start a new investment practice, Epiq Capital.
Singapore’s GIC Private has named Yong-Cheen Choo as chief investment officer for private equity, one of five new roles created to enhance the sovereign wealth fund’s investment capabilities.
Japanese technology conglomerate SoftBank has spoken out in defense of Nikesh Arora, its president and COO - and presumed successor to CEO Masayoshi Son - who has been accused of conflict of interest and poor investment performance.
China-focused GP Qiming Venture Partners is planning to raise a healthcare-dedicated fund in the US that will help China- and US-based start-ups expand in both markets.
ICICI Venture, the private equity arm of India's ICICI Bank, has reached a first close of $190 million for its fourth private equity fund.
China-focused GP Hony Capital has raised $2.7 billion for its latest fund, with the formal closing expected to happen next week. The firm reached a first close of $1 billion in late 2015.
New Zealand Superannuation Fund (NZ Super) has sold its LP positions in three US-based private equity funds as part of a move to consolidate its investment profile.
Nearly two thirds of private equity professionals in the Asia Pacific region expect an increase in base salary this year, with mid-level executives – vice presidents, principals and directors – the biggest driver.
China-based GSR Capital - an affiliate of Go Scale Capital, which saw its bid for Philips' Lumileds business thwarted by regulators - has closed a new $1 billion fund to invest in LED companies globally.
UOB Venture Management (UOBVM) will launch a Chongqing-based private equity fund of up to RMB100 billion ($15.4 billion) that will invest in companies addressing the China and Singapore markets.
Palisade Investment Partners and Australia’s Clean Energy Finance Corporation (CEFC) will partner on investments in domestic renewable energy projects valued at A$1 billion ($766 million).