Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
China private equity could deliver some strong vintages relative to other markets given falling valuations, a deepening pool of management talent, and a historical emphasis on driving returns through growth rather than leverage, industry participants...
Tim Burroughs, managing editor of AVCJ, outlines the next steps for the product and its subscribers as we migrate our content and enhance our offering via the next-generation Mergermarket platform
Indian private equity firm True North took advantage of regulatory reforms to convert Fincare SFB from a non-bank into a bank. A merger with listed peer AU SFB will finally deliver an exit
An Abu Dhabi-headquartered sovereign investor Mubadala has a USD 276bn portfolio with interests across six continents. Luca Molinari, who leads Asia direct investments, outlines the regional strategy
Jean Eric Salata, head of BPEA EQT and chair of EQT Asia, on the benefits of diversification, why Asia’s limited reliance on leverage could lead to better relative performance, and being creative with liquidity
Pools of institutional – and less institutional – capital in Asia are deepening, but it remains a multi-speed market with some investors just beginning their alternatives journey and others achieving maturity
Large LPs concentrating their GP relationships is comfortably the biggest fundraising challenge facing private equity firms in Asia Pacific, according to a survey featured in the latest edition of Dechert’s global private equity report.
Ascendent Capital Partners has joined the battle for Hollysys Automation, a US-listed Chinese provider of industrial automation and rail transportation solutions, by submitting a bid that values the business at USD 1.6bn.
01.AI, a large language model (LLM) launched less than eight months ago by Chinese venture capital firm Sinovation Ventures, has achieved a USD 1bn-plus valuation, according to Kai-Fu Lee, the firm’s founder.
Guoquan Food, a Chinese hotpot ingredients supplier that now positions itself as a one-stop home meal solutions brand, is trading at a 8.8% premium to its IPO price following a HKD 411.4m (USD 52.5m) Hong Kong offering.
Kedaara Capital is looking to raise up to USD 1.5bn for its fourth India middle-market fund, having edged past the USD 1bn mark in the previous vintage.
Sugarfit, an India-based health technology start-up that helps people manage type-two diabetes with a view to reversing the condition, has raised USD 11m in Series A funding.
Reed Smith has recruited Han Ming Ho, previously co-head of the Asia investment funds practice at Sidley Austin, as a partner in its global corporate group.
Japanese middle market private equity firm T Capital Partners has agreed to sell its majority stake in Confex Holdings, a wholesale confectionery products business, to Yamae Group Holdings for JPY 16.1bn (USD 107m).
Korean private equity firm Hahn & Company is set for its sixth deal in five years involving local conglomerate SK Group, having agreed to carve out a fine ceramics business for KRW 360bn (USD 267m).
Fundraising difficulties at home are prompting some US and European GPs to target Asian capital pools that they previously overlooked. It requires patience and persistence
Hidden Hill Capital, a private equity firm backed by warehouse operator turned logistics and infrastructure investment manager GLP, has led a CNY 1bn (USD 137m) Series B round for China-based logistics vehicle manufacturer CS Smart.
India’s Fincare Small Finance Bank (Fincare SFB), which is backed by the likes of TA Associates, True North, LeapFrog Investments, and Tata Opportunities Fund, has agreed to merge with listed lender Au Small Finance Bank (Au SFB). The combined entity...
Partners Group has recruited Tatsuro Aoyama to its private wealth team in Japan with a brief to build out relationships with local distribution partners.
Global beverage giant Diageo has agreed to sell Windsor, Korea’s best-selling whisky brand, to Pine Tree Investment & Management following the collapse of a transaction involving other Korean private equity firms.
J&T Global Express, an express delivery business that launched in Indonesia and expanded region-wide, traded flat on debut following a HKD 3.9bn (USD 499m) Hong Kong IPO.
CVC Capital Partners has acquired a 63.94% stake in Philippines-based hospital operator The Medical City (TMC) following the completion of a tender offer.
KKR-owned Kokusai Electric gained 28% on debut after raising JPY 108.3bn (USD 720m) in Japan’s largest IPO in five years.