Articles by Holden Mann
India healthcare: The growth infusion
Indian hospitals are increasingly attractive for private equity investors. GPs can thrive in the space with a well-defined growth strategy that takes local market requirements into account
Tata completes first exit from Opportunities Fund
Tata Capital has completed its first exit from the Tata Opportunities Fund, securing an IRR of over 50% and a 6x gross multiple through the IPO of auto components manufacturer Varroc Engineering.
India-focused blank check company files for US IPO
Tenzing Acquisition, a blank check company headed by New Silk Route Ventures (NSR) co-founder and CEO Parag Saxena, has filed for a $50 million IPO on NASDAQ. The firm will use the proceeds to invest in companies with a focus on businesses operating in...
Fund focus: LPs get more choice with Denham
Denham Capital's new fund is intended to grow the GP's exposure to mining assets in Australia and other markets, while giving LPs more freedom to set their own sector allocations
Campbell Lutyens appoints two principals in Hong Kong
Campbell Lutyens has appointed James Shipperlee and Don Yoon, both of whom are currently with the firm's fund placement team, as principals in its Hong Kong office.
SCPE buys stake in India travel business from Naspers
Standard Chartered Private Equity (SCPE) has invested an undisclosed amount in Indian online travel company Travel Boutique Online (TBO) to acquire a stake held by South African internet conglomerate Naspers.
SE Asian corporates eye PE collaborations – AVCJ Forum
Private equity firms present attractive partnership opportunities for corporate investors in Southeast Asia as both public and private companies seek to augment their existing strengths and fuel growth strategies.
GP profile: Golden Gate Ventures
Golden Gate Ventures was founded in order to bring much-needed support to Southeast Asia’s fledgling start-up community. The firm has found success by promoting an entrepreneurial culture within its team
VCs see opening for Southeast Asia exits – AVCJ Forum
Venture capital firms in Southeast Asia see a growing range of exit avenues thanks to a maturing local start-up market and increasing interest from global investors.
Deal focus: L Catterton taps the China luxury story
L Catterton Asia aims to help Chinese online luxury goods retailer Secoo expand its frontiers with technological and logistical support from e-commerce giant JD.com
India’s Unacademy raises $21m Series C round
Indian online education platform Unacademy has raised a $21 million Series C round of funding from a group of investors led by Sequoia Capital India.
China-owned Opera Software files for US offering
Opera Software, a Norwegian web browser developer acquired by a PE-backed Chinese consortium in 2016, is looking to raise up to $115.2 million in a US IPO.
Thailand's Lakeshore buys local drug brand
Lakeshore Capital has taken a controlling stake in domestic drug manufacturer Devakam Apothecary Hall, owner of the Namman Muay analgesic cream brand, for an undisclosed amount.
TA invests in India mutual funds business
TA Associates has acquired a minority stake in Prudent Corporate Advisory Services, an India-focused provider of mutual funds and other wealth management products.
Quadrant buys Australia, New Zealand candy brands from Nestle
Quadrant Private Equity has agreed to buy a portfolio of candy brands manufactured in New Zealand from Nestle for an undisclosed sum.
India's SRI launches $100m US-India VC fund
SRI Capital has launched its debut fund, targeting innovative technology start-ups in the US and India, with a target of $100 million.
India's Fortis rejects TPG-backed buyout bid
Indian healthcare service provider Fortis Healthcare (FHL) has chosen IHH Healthcare as the buyer for its hospital operation, ending a protracted bidding process and rejecting a INR32 billion ($472 million) offer from TPG Capital and its portfolio company...
Yahoo acquires Japan's VC-backed Dely
Yahoo Japan has acquired Dely, the VC-backed Japanese start-up that operates online recipe-sharing service Kurashiru.
Morgan Stanley, Banyantree invest $75m in India's Nspira
Morgan Stanley Private Equity Asia (MSPEA) and Banyantree Growth Capital have invested $75 million in Nspira Management Services, an Indian education services provider.
Trans Pacific Partnership: A rising tide
When the US withdrew from the Trans Pacific Partnership, the remaining participants decided to go it alone. Hopes are high that the deal will result in improved business environments across Southeast Asia
Temasek’s portfolio reaches $235b in 2018
Temasek Holdings saw its net portfolio value reach S$308 billion ($235 billion) as the Singapore government-controlled investment fund stepped up its investment activity in the 12 months ended March 2018.
IFC plans $273m Southeast Asia distress JV
The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed a partnership with Philippines-based Altus Capital to invest up to $272.5 million in distressed assets in Southeast Asia.
L Catterton, JD to invest $175m in China’s Secoo
L Catterton Asia and Chinese online retailer JD.com have agreed to invest $175 million in Secoo, a Chinese e-commerce platform for luxury goods that is listed in the US.
Denham closes global mining fund at $558m
Denham Capital, a resources and energy-focused GP, has closed its first global mining fund at $558 million. The vehicle is intended to grow the firm's portfolio in Australia, Canada, South America and Africa.