Articles by Andrew Woodman
INCJ, Fidelity in $24m round for cloud storage provider
Innovation Network Corporation of Japan (INCJ and Fidelity Growth Partners have taken part in $24 million round for US-based Cloudian, a hybrid cloud storage solutions provider.
Unleashing Malaysia
Malaysia’s underlying macroeconomic fundamentals suggest a strong appeal to private equity but deal flow remains modest. Can more opportunities be unlocked in the mid-market?
New Australian crowd-funding platform set for launch
A new equity crowdfunding platform called Equitise is being launched in Australia.
JBIC, Mitsubishi take stake in Middle East water company
The Japan Bank for International Cooperation (JBIC) has joined Mitsubishi Corp. and Mitsubishi Heavy Industries in acquiring a stake in Middle Eastern water treatment firm Metito.
WiL leads $50m round for Japan gaming start-up
Silicon-Valley based Japanese early-stage investor World Innovation Lab (WiL) has a led a JPY5 billion ($49 million) round of funding for Tokyo-based gaming company Gumi.
VC-backed Japan lunch delivery site raises $27m
Japan's Star Festival, the VC-backed start-up behind lunchbox delivery and catering site Gochikuru.com has raised JPY2.8 billion ($27.4 million) from strategic investor Askul, one of the country's largest office supply mail-order companies.
Multiples makes partial exit from South Indian Bank
India's Multiples Alternate Asset Management has made a partial exit from locally-listed South Indian Bank (SIB), selling one fifth of its stake for around INR428 million ($8 million).
Carlyle to acquire Japan's SBI Mortgage
The Carlyle Group has made a tender offer to acquire 100% of Japanese mortgage bank SBI Mortgage in deal valued at approximately JPY43.2 billion ($423 million).
Sequoia supports India customer feedback platform
Sequoia Capital has led a $5 million round of funding for Akosha, an Indian online consumer feedback platform. This follows a $200,000 seed stage investment by the VC firm in 2011.
GIC, Olympus lead Series D round in China premium dairy play
Singapore sovereign wealth fund GIC Private and Olympus Capital Asia have led a $106 million Series D round of investment in China's Huaxia Dairy in a bid to tap in the country's fast-growing premium dairy segment.
China's Lattice Power raises $80m Series D round
Lattice Power Corp, a Chinese maker of light-emitting diode (LED) chips, has raised $80 million in a Series D round of funding led by Asia Pacific Resources Development.
JBIC invests $10.5m in India-based Takshasila Hospitals
The government-backed Japan Bank for International Cooperation (JBIC) has invested INR630 million ($10.5 million) in India's Takshasila Hospitals, which operates Sakra World Hospital in Bangalore.
Japan PE to benefit from new corporate 'psychology' - AVCJ Forum
Japan's buyout space is benefiting from a change in attitude among corporate leaders and founder-owners regarding private equity investors, say industry participants.
IFC commits $25m to India's Au Financiers
International Finance Corporation (IFC) has invested $25 million more in Indian non-banking financial company (NBFC) Au Financiers through a private placement of non-convertible debentures.
Japan's Rakuten launches $100m global VC fund
Rakuten Ventures - the corporate VC arm of Japanese e-commerce giant Rakuten - has launched a $100 million fund targeting start-ups in Asia Pacific, Israel and the US.
Fidelity leads Series C for India's Milk Mantra
Fidelity Growth Partners India has led an INR800 million ($13.3 million) Series C round of investment in Milk Mantra Dairy.
Japan LPs give mixed views on co-investment - AVCJ Forum
More Japanese LPs are recognizing the importance of co-investment for driving returns but some are still put off by the potential risks.
Abe's third arrow is Japan PE's 'best-ever chance' - AVCJ Forum
Prime Minister Shinzo Abe's third arrow of structural reform - and his ability to push it through - could present the best-ever opportunity for a resurgent Japan, industry participants say.
Ark Alternative hires Shunichi Umino to head LP relations
Japanese placement agent Ark Totan Alternative has hired Shunishi Umino as its head of financial institution sales.
Baring Asia agrees Japan electronics buyout
Baring Private Equity Asia has agreed to acquire the audio-video operations of Japanese car electronics maker Pioneer Corp. alongside Pioneer's rival Onkyo Corp.
Profile: New Horizon Capital's Yasushi Ando
New Horizon Capital CEO Yasushi Ando has emerged as a leading voice for boosting the profile of private equity in Japan. His efforts are starting gain traction but the journey has not been smooth
Secondaries: Choice cuts
Secondary fundraising has reached new highs over the past year, signaling greater investor appetite for the asset class. What is driving the demand and who is likely to benefit?
Riverside buys Australia orthopedics business
Global mid-market buyout firm The Riverside Company has acquired Global Orthopaedic Technologies (GOT), an Australian orthopaedic implants manufacturer.
PE-owned Luye Pharma seeks up to $764m in HK IPO
Luye Pharma Group - a Chinese drugmaker backed by GIC Private, CDH Investments, CITIC Private Equity and New Horizon Capital - is seeking to raise up to 764 million from a Hong Kong IPO.