Apax Partners has sold its remaining 48% interest in GlobalLogic, an IT outsourcing company founded by several Indian entrepreneurs, to Partners Group. The deal values the business at more than $2 billion.
Bain Capital Private Equity has made a A$810 million ($613 million) buyout offer for BWX, an Australian manufacturer of branded skin and hair care products.
California Public Employees’ Retirement System (CalPERS), the largest public pension fund in the US, plans to deploy up to $13 billion a year in direct private equity deals through two newly formed funds.
Canada Pension Plan Investment Board (CPPIB) continues to ramp up its exposure to Asian private equity, with called and uncalled commitments rising 27% to C$17.1 billion ($13.3 billion) for the 12 months ended March 2018.
AVCJ's daily bulletin will not be published on May 22 due to a public holiday in Hong Kong.
Comparisons with the dynamics in China a decade ago are often used to illustrate Vietnam's potential. The country may replicate some of its larger neighbor's success, but patience and reform remain paramount
EIG Global Energy Partners has made a $10.4 billion buyout offer for Australia-listed oil and gas supplier Santos. It is supported by two Chinese groups, private equity firm Hony Capital and gas distributor ENN Group.
A consortium led by Bain Capital Private Equity has won approval for the acquisition of Toshiba Memory Corporation (TMC) from China’s antitrust authorities, clearing the last major obstacle to the JPY2 trillion ($17.8 billion) transaction closing.
Vietnam’s incumbent domestic private equity firms have all been in operation for more than a decade. Do LPs have enough confidence in the market to support the launch of additional managers?
Venture capital deals involving Fortune Capital, Sina Weibo, Sequoia Capital China, ChinaEquity Group, Cornerstone Capital, Geekbeans Capital, Atlas Capital, and Heyi Capital
Vision Plus Capital Partners, a Chinese venture capital firm set up by one of the co-founders of Alibaba Group, has raised $500 million for its second US dollar and renminbi-denominated funds.
DCP Capital Partners, a private equity firm set up by the former heads of KKR’s China business, has agreed to invest an undisclosed sum in domestic heart valve developer Venus Medtech.
Roadstar.ai, a Chinese start-up that specializes in autonomous driving technology, has received $128 million in Series A funding led by Shenzhen Capital Group and Wu Capital.
A string of large-cap IPOs has brought international investors and credibility to Vietnam public equities. Despite a few local peculiarities, the market is on a path towards modernization
Start-ups are attracting more attention in Vietnam as technology-oriented business models take root and local success stories emerge. Henry Nguyen of IDG Ventures Vietnam maps out the landscape
The Blackstone Group has made a partial exit from Indian IT services provider Mphasis, selling an 8% stake in the publicly traded company for approximately INR14.8 billion ($217 million).
Japanese GP Advantage Partners has closed its first Asia-focused fund with total commitments of $380 million. Investments have already been made in China, Malaysia, and Taiwan.
Mercari, a venture capital-backed Japanese consumer-to-consumer marketplace that became the country’s first unicorn in 2016, plans to raise up to JPY110 billion ($1 billion) through a domestic IPO.
Brookfield Asset Management has submitted a A$4.35 billion ($3.3 billion) bid for Australian hospital operator Healthscope, trumping an offer made last month by a BGH Capital-led consortium.
True North has agreed to buy a 26% stake in Fedbank Financial Services (Fedfina), a non-banking financial company (NBFC) controlled by India’s Federal Bank.
South Korean GP Crescendo Equity Partners has agreed to make a partial exit from precision prototype manufacturer Model Solution as part of a deal that will see Hankook Tire assume control of the business.
Huya, a Chinese game broadcasting business that spun out from social networking platform YY, gained 33.8% on its New York Stock Exchange trading debut following a $180 million IPO.
Mwee.cn, a Chinese restaurant booking app, has raised RMB400 million ($63 million) in the first tranche of a Series D funding round led by Koubei, Alibaba Group’s local services platform, and travel services business Ctrip.
Investment firms are emerging in Asia that leverage the collective wealth, knowledge and networks of the region's most successful internet entrepreneurs. These are family offices, but not necessarily in the traditional Western model