While GPs in Western markets increasingly rely on outside consultants for portfolio management services, Asian investors are skeptical about its usefulness. Will horror stories eventually elicit change?
When investigators from Alvarez & Marsal were called in by an Indian GP to investigate a cash flow irregularity at one of its portfolio companies, it didn’t take long to find the problem: money from...
Exits remain challenging in Southeast Asian private equity, but LPs see a growing willingness among the region’s GPs to take this difficulty into account when planning their investments.
Alibaba Group has led a $150 million Series D round of funding for Knowbox, a Chinese education start-up that develops a range of mobile apps aimed at students and teachers.
EBay has acquired a 5.5% stake in Paytm Mall, the e-commerce arm of Indian online payments platform Paytm.
Switzerland-based private equity firm Vaalon Capital and Netherlands investor IFSD BV have provided a combined $15 million to Indian financial and enterprise services provider MyMoneyMantra (MMM).