Articles by Andrew Woodman
Bain appoints ex-J.P. Morgan executive as senior advisor
Gaby Abdelnour has been appointed senior advisor to Bain Capital effective January 1. He retired as the Asia-Pacific chairman and CEO of J.P. Morgan in June, a position he held for the last six of his 14 years at the firm.
PE-backed Bharti Infratel completes $763m IPO
Bharti Infratel, the Indian telecoms infrastructure subsidiary of Bharti Airtel, has raised around INR4.17 billion ($763 million) in India’s biggest IPO in two years.
Equity Partners buys majority stake in New Zealand's AHM
Equity Partners has acquired a stake of around 70% in New Zealand camping and gardening product distributor Amalgamated Hardware Merchants (AHM).
Fortress closes second Japan distress fund at $1.6b
Fortress Investment Group has closed its second distress fund, Fortress Japan Opportunity Fund II, at its hard cap of JPY130 billion ($1.65 billion). It is the successor fund to Fortress Japan Opportunity Domestic Fund (FJOF) which closed in June 2010...
Shearman & Sterling elects new partner in Hong Kong
Global law firm Shearman & Sterling has promoted Sidharth Bhasin to partner in its Hong Kong office. He was formerly counsel.
Nexus Ventures-backed Vdopia raises $3.4m Series B round
Video advertising network Vdopia has secured $3.4 million in Series B funding in a private offering from a single unnamed investor.
Japan's Fuller gets $1.2m seed round
Japanese internet service provider ASAHI Net and m8 Capital, a London-based VC firm, are leading a JPY100 million ($1.2 million) round of seed funding for Japan-based start-up Fuller Inc.
Golden Gate invests in three Singapore e-commerce firms
Golden Gate Ventures, a Southeast Asia-focused early stage technology seed fund, has added three Singapore-based e-commerce businesses to its portfolio: TradeGecko, RedMart and Coda Payments.
IFC exits India's Kanoria Chemicals
International Finance Corporation (IFC), the World Bank's private investment arm, has sold its 10.88% stake in India’s Kanoria Chemicals, exiting at a small profit.
KKR, Providence battle for Australia's NextGen – report
KKR is said to have joined Providence Equity Partners and TPG Telecom in the bidding for NextGen, the fibre-optics business being sold by Australian contractor Leighton Holdings.
Ticketgoose plans second round funding from VCs
One of India's leading online bus tickets firms, Ticketgoose.com, is looking to raise INR250 million ($4.6 million) in a second round of VC funding, CEO Arun Athiappan said.
Singapore named most attractive market for infrastructure investment
Singapore is the world’s most attractive market for infrastructure investment, according to a new report.
Advantage Partners in possible Sanyo acquisition - report
Panasonic may sell its Sanyo digital camera unit to Advantage Partners by the end of March.
Sequoia leads $9.2m Series B in iCreate
Sequoia Capital is leading a INR500 milion ($9.2 million) round of investment in data analytics start-up iCreate Software. Sequoia’s Gautam Mago will join the board.
Predictions for 2013
Growth capital, buyouts, public and private exits, secondaries and new frontiers – private equity professionals from Asia and beyond predict the future
Headland offers toymaker succession solution
Big eyed and rosy cheeked, Kong Suni the potty-training baby doll is the must-have toy in South Korea this year. Her ability to eat, fill her diaper and pass wind has attracted headlines both home and abroad. The doll is a creation of South Korean firm...
Standard Chartered-backed Malakoff to list in 2013
Malakoff, the Standard Chartered Private Equity-backed power unit of Malayasian building firm MMC Corporation, has outlined plans for an IPO in 2013.
Korean PE fundraising to surpass $7b in 2012
The aggregate amount of private equity funds raised in South Korea this year is set to surpass KRW8 trillion ($7 billion), a record high for the country.
Norwest Venture Partners invests $6m in Indian IT firm Attune
Norwest Venture Partners has invested INR326 million ($6 million) in cloud-based IT product company Attune.
General Atlantic appoints Apax's Sandeep Naik as India head
General Atlantic (GA) has appointed Sandeep Naik as managing director and head of its India office in Mumbai. Naik will lead GA’s investment advisory activity in the country, focusing on growth companies.
Renesas sells $1.8b in shares to INCJ-led consortium
Ailing Japanese chip-maker Renesas will sell JPY150 billion ($1.8 billion) of new shares to a consortium led by government-backed Innovation Network Corporation of Japan (INCJ).
Blume, First Light invest $500k in India's MadRat Games
Blume Ventures and First Light Ventures have invested $500,000 in Bangalore-based gaming start-up MadRat Games.
Fenox VC invests in Japan's Dream Link Entertainment
Silicon Valley-based Fenox VC has invested in Japanese flash animation studio Dream Link Entertainment (DLE).
Headland completes $55m buyout of South Korea's YoungToys
Headland Capital Partners has a acquired a 96.5% stake in South Korean toy manufacturer YoungToys for KRW60 billion ($55 million). It is the 10th investment from Headland Private Equity Fund 6.