Articles by Andrew Woodman
General Atlantic's Nash promoted in Singapore
General Atlantic (GA) has promoted Nick Nash, who co-launched the firm's Singapore office, to principal.
Standard Chartered PE commits $37m to India's Sparkle Ocean
Standard Cartered Private Equity (SCPE) has purchased a minority stake in Hyderabad-based port and operations and management company Ocean Sparkle for INR2 billion ($37 million).
Australia's Harbart Private Equity buys Cardioscan
Harbert Australia Private Equity has bought an 85% stake in Melbourne-based cardiac testing service provider Cardioscan.
TA-owned SpeedCast buys Australian Satellite Communications
TA Associate Partners-backed SpeedCast has completed a buyout of Australian Satellite Communications (ASC). The company provides satellite-based communications solutions throughout Australia and surrounding regions.
Premji buys stake in Heritage Foods, Kotak India exits
Kotak India Value Fund has exited the remainder of its stake in Indian retailer Heritage foods to Azim Premji, chairman of Indian IT multinational Wipro, who has bought a 4.7% stake in the company.
CX Partners invests in TSI's India ATM business
CX Partners has invested INR1.2 billion ($23 million) in India ATM business of Transaction Solutions International (TSN), an electronic transactions specialist listed in Australia.
Abraaj exits Thai hospital with 3x return
Of the 19 million tourists who visited Thailand in 2011, an estimated 500,000 traveled specifically for medical care. Although medical tourism only accounts for 0.4% of national GDP, the industry is growing at an annual rate of 16% and is expected to...
Cleantech: Moving beyond subsidies
With its reputation for lackluster returns and dependence of government support, investors have shied away from cleantech, but GPs are bullish about its ability to stand on its own feet
BlackRock hires head of Australia alternatives
BlackRock has hired Andrew Landman as its new head of alternatives in Australia.
Indiareit completes property exits, targets new fund
Indiareit Fund Advisors, the real estate PE arm of Piramal Enterprises, has raised INR4.4 billion ($80 million) on exiting three of its investments and is now preparing to raise another offshore fund worth up to $350 million.
Golden Gate, JFDI form Asian start-up alliance
Golden Gate Ventures and JFDI.Asia will form a strategic alliance to support early-stage digital start-ups in Asia as they move from concept to pre-Series A funding.
Samara Capital acquires NewsWire18 for $16.5m
Samara Capital has entered an agreement to purchase a majority stake in Indian news terminal business NewsWire18 for INR900 million ($16.5 million).
Helion, Footprint invest $6m in restaurant chain Mast Kalandar
Helion Venture Partners is leading a third round of investment in quick service restaurant (QSR) chain Mast Kalandar, which is run by Bangalore-based Spring Leaf Retail.
Chrysalix network targets global cleantech investments
A new cleantech venture investor alliance, the Chrysalix Global Network (CGN), has been formed to target investment opportunities throughout the world.
Tata Capital acquires stake in Pluss Polymers
Tata Capital has acquired a stake in Pluss Polymers for INR150 million ($2.7 million). The investment was made through the Tata Capital Innovations Fund and is intended to help the company, a specialized polymer maker, to further its R&D and manufacturing...
VCs back $8m Series B round for Shubham HDFC
Accion and Saama Capital have jointly invested $4 million in India's Shubham Housing Development Finance Company. The venture capital firms join existing investors Elevar Equity and Helion Venture Capital in a second round of funding worth $8 million...
Iris Capital opens offices in Tokyo and Beijing
Iris Capital has opened offices in Tokyo and Beijing as part of an international expansion which also sees the French venture capital firm open three offices in North America.
Sequoia, Canaan Partners invest $6.3m in Adnear
Sequoia Capital and Canaan Partners have invested INR350m ($6.3 million) in AdNear, a location-based mobile advertising platform, in a Series A round of funding.
Ex-Carlyle Southeast Asia head joins CIMB
The former Southeast Asia head of The Carlyle Group, Anand Balasubrahmanyan, has joined Malaysia's CIMB Group, where he will have responsibility for the firm's private equity products.
Beyond banks: Alternative financing in India
Recognizing India’s demand for financial products that involve more than just equity, traditional PE firms are targeting structured credit, joining distressed players that used to call the territory their own.
India exits: Sticking point
India’s private equity industry is caught in a bind: LPs are wary of committing capital to GPs without evidence of exits, but weak capital markets – and in some cases an unwillingness to sell – are limiting liquidity
Baird appoints Satoshi Matsumoto as Japan-focused MD
Baird has appointed Satoshi Matsumoto to its investment banking group as managing director and director of Japan M&A.
CITIC Captial to acquire Japan's Polymatech
CITIC Capital Partners has agreed to acquire 100% of Polymatech, a manufacturer of polymer parts for the electronics industry, based in Fukushima.
Japan's GPIF selects groups for PE feasibility study
Japan’s Government Pension Investment Fund (GPIF) has chosen four companies to conduct feasibility studies for possible future investments in alternative assets, including private equity.