FountainVest Partners has set a target of $2.8 billion for its fourth China-focused fund, with a first close of more than $1 billion expected as soon as this week.
The international investment and asset management arm of China’s Ping An Insurance has raised $875 million through a secondary sale of part of its private equity portfolio.
LPs are becoming more flexible in their due diligence, in certain cases backing managers where there has been no face-to-face interaction, but COVID-19 has underlined the importance of pre-fundraise engagement
Voting for the 2020 AVCJ Private Equity & Venture Capital Awards is now open and runs until November 3.
L Catterton Asia has sold Australian bootmaker R.M. Williams to Tattarang, a private investment group established by Andrew Forrest, majority shareholder and former CEO of Fortescue Metals Group.
Miniso, a Chinese low-cost retailer backed by Hillhouse Capital and Tencent Holdings, posted a small gain on its US trading debut following a $608 million IPO.
China's Hillhouse Capital has split its current fundraising effort into separate buyout and growth strategies – having raised a single pool in the previous vintage – and is seeking $12 billion across the two funds.
Jihoon Rim has been a venture capitalist, CEO of one of Korea’s largest technology companies, and a US business school professor – in the space of a decade. He explains the appeal of new challenges
Institutional investors must maintain a reasonable pace of deployment in alternatives despite the coronavirus pandemic fostering economic uncertainty and hindering efforts to perform due diligence on managers, the AVCJ Japan Virtual Forum heard.
Polaris Capital Group has won support from Pennsylvania Public School Employees’ Retirement System (PSERS) for a Japan buyout fund of up to JPY150 billion ($1.4 billion), twice the size of its 2016 vintage predecessor.
Fundraising focus shifts to China venture, but it’s the same polarization story; upturn in trade and secondary sales suggests the COVID-19 freeze is thawing; healthcare retains its investment appeal
BGH Capital and Ontario Teachers’ Pension Plan (OTPP) have improved their take-private offer for New Zealand dentistry chain Abano, reflecting a relatively strong business recovery.
US retailer Walmart and Flipkart, its India-based e-commerce platform, have made an additional investment in local fresh produce delivery business Ninjacart.
PAG Asia Capital has made its second substantial investment in India in the past two months, leading a consortium that has agreed to acquire a controlling stake in Anjan Drug, a Chennai-based manufacturer of active pharmaceutical ingredients (API).
Having previously relied heavily on Chinese investors, Thailand express delivery player Flash Express sought out local partners for its $200 million Series D as part of plans for domestic consolidation
Tatsuo Kawasaki, a partner at Unison Capital, on supporting existing investments and making new ones, expectations of distress in Japan, and why a platform approach makes sense for healthcare
Dida Chuxing – a Chinese peer-to-peer carpooling business that subsequently expanded into ride-hailing, putting it in direct competition with longstanding market leader Didi Chuxing – has filed for a Hong Kong IPO.
Lufax, a Chinese online lending and wealth management platform valued at $39.4 billion following its most recent private funding round, has filed for an IPO in the US.
Singapore’s Temasek Holdings has created a holding company for its four asset management units – including private equity-focused Azalea Investment Management and venture debt business InnoVen Capital – to provide more support in areas such as third-party...
Australia’s Quadrant Private Equity is set to make a first exit from its growth fund with online beauty retailer Adore Beauty announcing plans for a A$269.3 million ($192 million) IPO.
Abu Dhabi Investment Authority (ADIA) has become the latest investor to follow its commitment to Reliance Industries-owned Jio Platforms with an investment in Indian conglomerate’s retail unit.
Having increased its Series A round to $30.5 million, Neuron Mobility is ramping up expansion of its e-scooter rental services, with Australia and New Zealand the immediate priorities
CVC Capital Partners helped Softex Indonesia grow its market share by penetrating modern retail channels and launching an ESG program. A $1.2 billion trade sale exit to Kimberly-Clark is its reward
Bain Capital has launched a dedicated Japan fund with a target of JPY100 billion ($946 million) as local and foreign managers ready themselves for a much-anticipated rise in buyout deal flow in the country.