Asian Venture Capital Journal (AVCJ)
Cathay Capital Private Equity has reached a first close of EUR600 million ($702 million) for its latest middle-market Sino-European fund. The target is EUR1.2 billion.
Opera Software, a Norwegian web browser developer acquired by a PE-backed Chinese consortium in 2016, is looking to raise up to $115.2 million in a US IPO.
51 Credit Card, a Chinese online credit card management platform backed by the likes of Tiantu Capital, GGV Capital, and Shunwei Capital, raised HK$1 billion ($128.5 million) in its Hong Kong IPO.
With nearly every Southeast Asia-focused GP set to spend some part of 2018 on the fundraising trail, LPs must once again deliberate on the optimal fund size, strategy, and geographic coverage for the region
Having co-founded NSI Ventures as an affiliate of Northstar Group, Shane Chesson took the business independent this year and renamed it Openspace Ventures. He discusses Southeast Asia’s macro outlook
Chris Lerner, a partner and head of Asia at placement agent Eaton Partners, discusses why LPs are allocating more capital to private equity in the region and who are the biggest beneficiaries
Pantheon has opened an office in Tokyo, having won separate account mandates from the likes of Japan’s Government Pension Investment Fund (GPIF).
Intermediate Capital Group (ICG) has appointed Escamillo Lin, formerly of CDH Investments, as managing director and head of Southeast Asia for private equity and mezzanine.