Articles by Holden Mann
Aspirant to buy logistics unit from Japan's Takara
Japanese PE firm Aspirant Group has agreed to acquire Takara Chouun, a logistics subsidiary of the Takara Holdings conglomerate.
VCs join $25m round for Singapore's ShopBack
Singapore-based e-commerce aggregator ShopBack has raised a $25 million funding round from investors including East Ventures, SoftBank, and 33 Capital.
Everstone to buy India's Kenstar
The Everstone Group has agreed to buy Indian home appliance maker Kenstar from the Videocon Group.
KKR, Gaja lead $151m round for India's Avendus
KKR and Gaja Capital have led a INR9.8 billion ($151 million) investment in Avendus Capital, an Indian financial services firm owned by KKR.
Japan's ADK faces lawsuit following Bain tender offer
Bain Capital Private Equity’s buyout offer for Japan-listed advertising agency Asatsu-DK (ADK) has prompted legal action by WPP Group, the company’s largest shareholder.
India's UFO, Qube to merge, ICICI to invest
UFO Moviez, an Indian digital broadcaster with several PE backers, will merge with domestic peer Qube Cinema Technologies, with support from ICICI Venture.
Polaris carves out beverage business from Asahi
Polaris Capital Group has agreed to acquire LB, a soft drink-focused division of Japanese beverage maker Asahi Group Holdings.
VC-backed MC Payment to list in Singapore via reverse merger
MC Payment, a Singapore-based financial technology player with several VC backers, will list on the Singapore Stock Exchange's Catalist board via a reverse takeover of domestic peer Artivision Technologies.
True North sets $1.1b hard cap for sixth India fund
Indian private equity firm True North – formerly known as India Value Fund Advisors (IVFA) – has set a hard cap of $1.1 billion for its sixth fund, according to sources familiar with the situation.
Everstone-Realterm JV launches third India logistics fund
IndoSpace, a joint venture between the Everstone Group and US-based Realterm Global, has launched its third fund aimed at developing Indian logistics and industrial facilities.
VC-backed auto financing platform Yixin files for HK IPO
Yixin, the VC-backed online financing subsidiary of China-focused online automotive portal Bitauto Holdings, has filed for an IPO in Hong Kong.
CLSA makes partial exit from Japan's BC Ings
CLSA Capital Partners (CLSA CP) has made a partial exit from Japanese cram school operator BC Ings to a government-backed investment fund.
LP interview: LGT Capital Partners
LGT Capital Partners sees Asia as a misunderstood investment destination among Western LPs due to unfounded concerns about the risk of the region. Local connections are key to building a strong strategy
Deal focus: GPs boost Prenetics' Asia genetics effort
Beyond Ventures and Alibaba Group have led a funding round that will support the Asia expansion of Hong Kong-based genetics healthcare start-up Prenetics
Delphi acquires Singapore-focused NuTonomy for $450m
US-based automotive technology developer Delphi Automotive has acquired Singapore-focused VC-backed driverless car start-up NuTonomy for $450 million.
Toshiba shareholders approve $18b TMC sale to Bain consortium
The shareholders of Japanese conglomerate Toshiba Corporation have approved the sale of the company’s Nand flash memory unit Toshiba Memory Corporation (TMC) to a consortium led by Bain Capital for JPY2 trillion ($17.6 billion).
CDPQ backs logistics expansion by Logos India
Caisse de dépôt et placement du Québec (CDPQ) is backing Australia-headquartered property company Logos’ expansion into Indian logistics projects.
Two partners depart India's Kalaari
Bala Srinivasa and Prashant Aluru, partners at Indian early-stage venture capital firm Kalaari Capital, have left the firm to pursue other opportunities.
Gaja part-exits India's John Distilleries to US trade buyer
Gaja Capital Partners sold part of its stake in Indian liquor producer John Distilleries (JDPL) to The Sazerac Company, a US-based distillery.
SE Asia's Sea hikes IPO price, raises $884m
Singapore-headquartered mobile internet and gaming platform Sea has raised $884 million in its US IPO after increasing the offer price and size.
Southeast Asia's Grab gets $700m in debt funding
Southeast Asian ride-hailing app operator Grab has secured debt facilities of up to $700 million from leading global and regional banks.
Intel Capital announces China, Japan investments
Intel Capital, the captive VC arm of Intel Corp, has invested in technology start-ups from China and Japan as part of a $60 million overall investment in 15 companies worldwide.
PE-backed NZ cricket platform goes into receivership
CricHQ, a cricket-focused online platform based in New Zealand and backed by Singapore-based Tembusu Partners, has been placed in receivership.
Sinovation leads $40m Series B for China's Hua Juan
Sinovation Ventures has led a $40 million Series B round for Chinese e-commerce and online video platform Hua Juan.