Articles by Justin Niessner
Aarin Capital anchors $18.8m India venture fund
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.
Deal focus: EQT thinks quality before M&A activity
EQT Partners wants corporate services provider InCorp Group to achieve greater operational efficiency as well as go on the acquisition trail in Asia
Korea VC fundraising: Unbalanced boom
The forces behind a bumper year for South Korean venture fundraising serve as a reminder that local players must do more to build much-needed international relationships
Thailand to launch $568m venture fund
The Thailand government has announced the launch of a THB20 billion ($568 million) venture fund as part of an economic modernization agenda.
Shamrock to support Silvergate Media's China push
US private equity firm Shamrock Capital Advisors has acquired a majority stake in Silvergate Media with a view to expanding the company’s presence in China.
Harvest leads $50m round for China’s Hua Medicine
Harvest Fund Management has led a $50 million Series C round – which was more than 3x oversubscribed – for China-based clinical-stage diabetes treatment developer Hua Medicine.
Hillhouse leads $50m round for Korea's Baedal Minjok
China’s Hillhouse Capital has led a $50 million investment in Woowa Brothers, owner and operator of leading South Korean online food-ordering platform Baedal Minjok.
EQT invests in Singapore's In.Corp Group
EQT Partners has invested in Singapore-based corporate services provider In.Corp Group with a view to consolidating the company’s local presence and driving regional expansion.
Alibaba’s UCWeb launches $20m India accelerator
UCWeb, a mobile browsing services company controlled by China's Alibaba Group, has launched a $20 million program to promote Indian start-ups focusing on games and apps.
NZ Super sells LP positions in three funds
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.
PAG, Legend support $3.6b acquisition of US-based Lexmark
PAG Asia Capital and China's Apex Technology are leading a consortium - which also features Legend Capital - that has agreed to buy printing technology and enterprise software company Lexmark International for $3.6 billion.
The gathering storm: Preparing portfolio companies for a downturn
As warning signals of a global economic downturn become increasingly convincing, private equity portfolio companies are likely to come under pressure. Investors are advised to prepare carefully
India's Religare sells stake in Northgate Capital
Religare Enterprises has sold its majority stake in Northgate Capital, a fund-of-funds and direct investment group, to US-based asset manager The Capital Partnership.
GIC partners with Indonesia's MMP for logistics JV
Singapore’s GIC Private has entered into a joint venture with Indonesian industrial properties provider Mega Manunggal Property (MMP) to develop an extended warehouse portfolio.
Walden leads $2.6m round for Singapore's TabSquare
Walden International has led a S$3.5 million ($2.6 million) Series A round for TabSquare, a company offering a cloud-based restaurant management platform.
Japan's Gree raises $12m fund for VR start-ups
Japan's Gree has launched a $12 million fund to support virtual reality (VR) start-ups focusing on both gaming and non-gaming software and content.
Goldman, Blue Sky buy Australia student accommodation group
Goldman Sachs and Blue Sky Alternative Investments have taken a controlling stake in The Pad, an Australian student accommodation group, as part a $1 billion joint venture.
Aquiline, Genstar exit AssetMark to China’s Huatai for $780m
China’s Huatai Securities has agreed to purchase financial consultancy group AssetMark for $780 million from US-based PE firms Aquiline Capital Partners and Genstar Capital.
Deal focus: Navis to grow Texon outside the shoebox
After a major turnaround for Texon International, Navis aims to reinforce management's strengths and help the company reach the next level
Eleven Zulu launches $100m pan-Asian venture fund
US-based VC firm Eleven Zulu Capital has launched a $100 million fund targeting Asian technology and services-focused start-ups.
Singapore’s 90 Seconds gets Series A from Sequoia
Sequoia Capital’s India unit has led a $7.5 million Series A round for 90 Seconds, a cloud video production platform founded in New Zealand and headquartered in Singapore.
Fairfax India invests $300m in Sanmar Chemicals
Fairfax Financial Holdings’ India unit has made a $300 million investment in Sanmar Chemicals, a major domestic producer of the plastic construction material PVC.
India’s MyGlamm receives $6m Series A round
India-based beauty services start-up MyGlamm has raised $6 million in a Series A round led by French cosmetics giant L’Occitane and including participation from Tano Capital and Brand Capital.
Samsung leads $13.5m round for Japan’s Kyulux
Samsung Venture Investment has led a $13.5 million Series A round for Kyulux, a developer of advanced lighting technology used in digital screens.