Articles by Holden Mann
Australia agriculture: Fruitful endeavors
Despite their strong growth potential, Australian food crops have attracted little activity from the private equity community. Investors’ interest is restrained by the high hurdles to managing these assets
ADB commits $50m to True North's India fund
The Asian Development Bank (ADB) has agreed to invest up to $50 million in the sixth fund of Indian private equity firm True North, formerly known as India Value Fund Advisors (IVFA).
Quadrant acquires Australia's Darrell Lea
Quadrant Private Equity has acquired Darrell Lea, a candy maker based in Australia and New Zealand.
Tiger co-leads $20m Series B for India's Razorpay
Tiger Global and Y Combinator have led a $20 million Series B round for India-based online payment gateway Razorpay.
India's Pi Ventures reaches $25m second close on AI fund
Indian early-stage investor Pi Ventures has announced a second close of $25 million on its debut artificial intelligence (AI)-focused fund.
KKR joins $1.75b investment in India's HDFC
KKR has joined a group of investors including Singapore’s GIC Private and the Ontario Municipal Employees Retirement System (OMERS) to commit INR111 billion ($1.75 billion) to listed Indian financial institution HDFC.
India removes limits on foreign investment in retail
India has broadened its regulations on foreign direct investment (FDI), permitting unconditional 100% FDI in sectors including single-brand retail trading (SBRT).
KKR media platform buys India cartoon studio
Emerald Media, a pan-Asian media and entertainment platform backed by KKR, has acquired a majority stake in Cosmos-Maya, an animation studio based in Singapore and India.
CDC completes exit from India’s Ujjivan
UK-based development finance institution CDC Group has fully exited Ujjivan Financial Services, the listed holding company for Ujjivan Small Finance Bank, realizing more than INR4 billion ($63.4 million) since it began trimming its stake last year.
Deal focus: VCs fuel Canva’s growth designs
Australia's Canva achieves a $1 billion valuation following a $40 million round led by Sequoia Capital China
Accel, Elevar in $24m round for Indian NBFC
Indian non-banking financial services company (NBFC) Samunnati has raised an INR1.5 billion ($23.5 million) funding round from investors including Accel Partners and Elevar Equity.
Japan's J-Star invests in restaurant, auto businesses
J-Star has acquired a majority stake in Japanese restaurant operator Section Eight and invested in new and pre-owned car dealer Sanwa Service.
Warburg Pincus, Genesis invest $120m in China's Zhangmen
Warburg Pincus and Genesis Capital have committed $120 million in Series D funding to Chinese online tutoring platform Zhangmen.
IFC-backed Bandhan files for India IPO
Bandhan Bank, the commercial banking subsidiary of India’s Bandhan Financial Services (BFSL), has filed for an IPO that will provide a partial exit for the International Finance Corporation (IFC).
Advantech, SDIC lead $76m round for China biotech player
Advantech Capital and SDIC Fund Management have led a $76 million Series A round for Chinese biotechnology company KBP Biosciences.
AVCJ Awards 2017: Exit of the Year - IPO: Au Small Finance Bank
India’s small finance bank reforms allowed Au Financiers to tackle an entirely new business opportunity, ultimately leading to a successful IPO for the company’s private equity backers
Warburg Pincus invests in India's CAMS
Warburg Pincus has invested in Indian financial services provider Computer Age Management Services (CAMS).
Carlyle growth fund buys India BPO player
The Carlyle Group has acquired Indian healthcare business process outsourcing (BPO) provider Visionary RCM Infotech through its latest Asia growth fund, Carlyle Asia Growth Partners V (CAGP V).
OTPP acquires Australia's Jasper Farms
Ontario Teachers’ Pension Plan (OTPP) has acquired Jasper Farms, a leading avocado producer in Australia.
TPG Growth closes fourth fund at $3.7b
TPG Capital has closed its fourth global middle market and growth equity fund at the hard cap of $3.7 billion after four months in the market.
OTPP sells Australia data center assets for $793m
Ontario Teachers’ Pension Plan (OTPP) has agreed to sell Australian data center business Metronode to US-based peer Equinix for A$1.04 billion ($793 million).
L Catterton invests in Indian restaurant operator
L Catterton Asia, the regional arm of consumer-focused GP L Catterton, has invested in Indian restaurant operator Impresario Entertainment and Hospitality.
The crystal ball: Predictions for 2018
From China to Australia and secondaries to venture debt, industry participants share their perspectives on the year to come for fundraising, investments and exits
Ekuinas buys Malaysia's Davex for $63m
Malaysian government-backed PE firm Ekuinas has acquired domestic lighting design company Davex for MYR255 million ($62.5 million).