China Investment Corporation (CIC) is stepping up its private equity co-investment and direct investment activity – including through the establishment of bilateral cross-border funds – as it seeks to boost returns in increasingly unstable global...
Two years ago, unitranche structures were a novelty in Australia’s leveraged finance market. Now they are an integral part of it. For borrowers and lenders, there might be no turning back
Base, a Japanese e-commerce services platform that helps small-scale vendors establish online shops, has filed for an IPO in Tokyo. It will facilitate partial exits for multiple venture capital investors.
Capital-flooded markets and rising pressures to deploy have precipitated more flexible investment strategies in private equity. GPs must be careful when crossing between asset classes
LGT Group aims to create new inroads for global investors looking to enter the impact space by acquiring Aspada, an Indian platform focused on digital inclusion and small business finance
Michael Granoff, founder and CEO of Pomona Capital, discusses raising capital from Asian LPs, how GPs can be differentiated in a crowded secondaries market, and why he’s not keen on fund restructurings
Japanese mid-market buyout firm Tokio Marine Capital is spinning out from its corporate parent to form an independent investment manager known as T Capital Partners.
Centurium Capital, CITIC Capital and Hillhouse Capital are part of an investor group targeting a $4.6 billion take-private of China Biologic – just over a year after committing new equity to the US-listed company to protect it from other would-be acquirers.
In teaming up with China-based Estun Automation to acquire a European industrial technology asset, China Renaissance Capital Investment is pursuing a different kind of growth capital deal
CDH Investments has participated in the $120 million second tranche of a Series D round for TuSimple, a China and US-based developer of autonomous driving technology for trucks.
Hiro Hirano and Ashish Shastry, who lead KKR’s operations in Japan and Southeast Asia, respectively, have been appointed co-heads of private equity across the region.
Affinity Equity Partners has more than doubled its money on Virgin Australia’s frequent flyer business, having agreed to sell back a 35% stake to the parent company for A$700 million ($480 million).
Quadrant Private Equity has completed the fourth investment in six months from its newly established growth fund, with the purchase of a majority interest in Australian online beauty retailer Adore Beauty.
Reform efforts in China’s state-owned enterprise space have experimented in mixed ownership with mixed results. Private equity investors see significant opportunity but must proceed with caution
Australia’s pension market is ripe for consolidation, which will see the emergence of a handful of mega superannuation funds that leverage their scale to bring more investment activity in-house, according to leading industry participants.
Vertex China, a venture capital firm affiliated to Temasek Holdings-owned Vertex Holdings, has closed its fourth fund on target at $275 million.
TPG Capital and Malaysian conglomerate Hong Leong Group have agreed to buy Columbia Pacific Management’s Southeast Asia hospital business for approximately $1.2 billion.
Keen to reduce investment costs, California State Teachers’ Retirement System is changing the way it works with managers. Co-investment, joint ventures and stakes in GPs are priorities for private markets
Texas County & District Retirement System (TCDRS) has committed up to $100 million to Baring Private Equity Asia’s seventh pan-regional fund.
The private equity owners of The Executive Centre (TEC), an office provider that relies on Hong Kong for 30% of its EBITDA, have suspended a sale process in response to ongoing protests in the territory.
Institutional investors “should be thoughtful about balancing risk and reward” as they deploy more capital into private markets that present liquidity and valuation challenges, according to the deputy CIO of Australia’s Future Fund.
The premium traditionally paid for deal-making talent in China over other Asian jurisdictions is narrowing and in some cases has turned into a deficit – in what might be seen as evidence of GPs looking to strengthen their coverage beyond the region’s...
Advent International has agreed to acquire a 67.9% stake in Indian snacks manufacturer DFM Foods from investors including WestBridge Capital for INR8.52 billion ($118.7 million). It has made an open offer to buy a further 26% of the company for INR3.26...
From Adidas to Li Ning, sportswear brands are expanding aggressively in China. Recent Partners Group acquisition BCR Group is among the leaders in a $2 billion industry that furnishes new stores