Articles by Justin Niessner
Quadria buys into India's Concord Biotech
Quadria Capital has led a consortium including US-based investment firms Rising Tide and Neuberger Berman to take a stake in India’s Concord Biotech.
Stripes Group leads $81m round for India's Bigtree Entertainment
US venture capital firm Stripes Group has led an INR5.5 billion ($81.4 million) funding round for India’s Bigtree Entertainment, the company behind cinema and events ticketing site BookMyShow.
China's CIC backs buyout of French property services player
China Investment Corporation (CIC) has joined a consortium to acquire French property services company Foncia for EUR1.8 billion ($2 billion).
Not-so private equity: An industry responds to US regulation
As regulatory pressure to increase fee transparency among US private equity funds ramps up, the industry will have to learn how to follow new rules, even as they’re being formed
US-based Ayla gets $39m round for Asia expansion
Chinese boutique investment bank and asset manager Ants Capital has led a $39 million Series C round for Ayla Networks as the US-based internet-of-things (IoT) company consolidates its Asian footprint.
Australia's Telstra buys Blue Sky-backed Readify
Telstra has acquired Blue Sky Private Equity’s majority stake in Australian IT services company Readify.
First Reserve JV buys SE Asia oil industry servicing vessel
A joint venture controlled by energy-focused private equity firm First Reserve has acquired an 80% stake in a Southeast Asia servicing oil tanker for $166.3 million.
Armstrong, IFC back Vietnam hydropower producer
Armstrong Asset Management and the International Finance Corporation (IFC) will invest in Vietnamese hydropower company Gia Lai Electricity (GEC).
Brand Capital invests $22m in India's Meru
Brand Capital has invested INR1.5 billion ($22.2 million) in Indian app-based taxi service provider Meru Cab.
Secondaries: Waiting for the shoe to drop
Asian secondaries players are counting on an explosion in demand for alternative liquidity solutions over the next few years, but cutting deals in this niche market requires a nimble approach
OneVentures backs Australia's Employment Hero
OneVentures has led a A$3 million ($2.2 million) Series A round of funding for Australian online human resources services start-up Employment Hero.
Altius to be sold to Canada’s Pavilion Financial
Canadian investment services firm Pavilion Financial has agreed to acquire Altius Associates, a PE advisor and fund manager with a presence across Asia Pacific, Europe and North America.
Cartesian Capital backs Australia's White Rock Minerals
US-based private equity firm Cartesian Capital has committed $20 million in project development financing to Australian mining company White Rock Minerals.
Baring-owned Vistra acquires Indian professional services group
Vistra, a Hong Kong-based corporate services provider owned by Baring Private Equity Asia, has acquired Indian professional services group Ujwal Management Services.
Telstra completes sale of Autohome stake to Ping An
Australia’s Telstra has closed the sale of a 47.7% interest in Chinese auto services company Autohome to Ping An Insurance Group for $1.6 billion.
China’s Qunar receives take-private bid
Chinese private equity firm Ocean Management has made a take-private offer for domestic travel site Qunar that values the US-listed company at about $4.4 billion.
IDG leads $60m round for US fintech start-up's China push
IDG Capital Partners has led a $60 million financing round for Circle, a US-based financial technology start-up seeking to build a blockchain-supported peer-to-peer payments system business in China.
CPPIB appoints Suyi Kim Asia head, names new regional PE lead
Canada Pension Plan Investment Board (CPPIB) has named Suyi Kim and Deborah Orida as managing director, head of Asia and managing director, head of private equity Asia, respectively.
Japan's SBI partners with Filipino VC
Japanese financial services company SBI Holdings has acquired a 35% stake in the venture arm of Investment & Capital Corporation of the Philippines (ICCP) with an aim to co-manage a VC fund.
Fund focus: Rising tide floats Golden Gate fund
Golden Gate Ventures has raised a new $60 million fund for investments in Southeast Asia's burgeoning mobile internet sector
Jafco leads $20m Series A in Singapore's Quoine
Jafco has led a $20 million Series A financing round for Quoine, a Singapore-based bitcoin trading platform.
Myanmar PE: Back to the future
Myanmar’s relatively abrupt transformation from impoverished pariah to upbeat high-growth investment target has resulted in some interesting challenges for private equity and venture capital
CHAMP’s Wardman-Browne joins IFM private capital team
Australia’s IFM Investors is aiming to enhance its PE business with the appointment of former CHAMP Ventures co-head Stuart Wardman-Browne as executive director of the investment group’s private capital team.
AVCAL calls for reforms ahead of Australian election
The Australian Private Equity & Venture Capital Association (AVCAL) is urging major political parties to do more to help scale up domestic companies ahead of a federal election next month.