Banyan Capital, a China-focused VC firm that spun out from IDG Capital Partners, has closed its second US dollar-denominated fund at $362 million.
Greater China | 23 Jan 2015 |
The California Public Employees’ Retirement System (CalPERS) saw an improvement in performance from its private equity portfolio in the year ended June 2014, although buoyant public markets led the strong short-term returns.
Performance | 23 Jan 2015 |
Singapore's Temasek Holdings has agreed to acquire the India venture debt unit of NASDAQ-listed financial services company SVB Financial Group for INR2.8 billion ($45 million).
South Asia | 22 Jan 2015 |
Asia has become an established part of most North American and European LPs’ global private equity portfolios, but they still expect the region to deliver a risk premium over their home markets.
Performance | 22 Jan 2015 |
Returns over the past five years have been disappointing for Chinese private equity, say industry participants, but performance must be judged in the context of the region's public markets.
Fundraising | 21 Jan 2015 |
Chinese investment firm Hillhouse Capital Management is said to have raised a $2 billion fund that will be deployed in global private equity deals.
Fundraising | 21 Jan 2015 |
KKR expects to see increasing restructuring and recapitalization opportunities in China as the country’s role in the global economy adjusts, resulting in a sustained period of slower growth.
Restructuring | 16 Jan 2015 |
China has launched a government-guided venture capital fund worth RMB40 billion ($6.5 billion) to support start-ups in emerging industries.
Greater China | 16 Jan 2015 |
Co-investment could represent the next bubble for global private equity says Erik Hirsch, global CIO for global fund-of-funds Hamilton Lane.
Fund-of-funds | 15 Jan 2015 |
Cheetah Mobile, formerly Kingsoft Corporation’s internet security software division, plans to set up a NT$100 million ($3.1 million) fund to invest in Taiwan-based mobile internet start-ups.
Greater China | 14 Jan 2015 |
Japanese incubator and early-stage investor Samurai Incubate has launched a JPY1 billion ($8.3 million) fund with a new focus on Israeli start-ups.
MENA | 13 Jan 2015 |
Indian IT and business consulting firm Infosys has expanded its early-stage investment vehicle - Innovation Fund - from its original $100 million corpus to $500 million.
South Asia | 12 Jan 2015 |
Indian mid-market GP Multiples will reach a $325 million first close on its second fund by end of this month, with a final close of $650 million slated for around September.
South Asia | 09 Jan 2015 |
Japan's Government Pension Investment Fund (GPIF) is trying to attract more talent with better pay in order to meet the demands of its changing investment strategy.
LPs | 08 Jan 2015 |
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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