There have been considerable improvement in Asian PE firms’ internal processes covering disclosure, governance and best practice, but the sheer LP demand for exposure to the region could push managers towards unsustainable fund sizes, says Mounir Guen, CEO of MVision
"There will be a gap where the amount of money interested in investing in Asia will exceed what they call the criteria of a good manager. This will push managers to larger funds," Guen said. "The question...
IMM Investment is providing KRW 150bn (USD 121m) in Series A funding for Korean cloud computing business NHN Cloud at a valuation of KRW 1trn.
QuantaSing Group, a Chinese adult tuition platform that spun out from wealth management and investment education business Erwan Technology, has traded relatively flat following a USD 41m IPO on NASDAQ.
MBK Partners and Unison Capital Korea have launched a tender offer for Osstem Implant, a Korea-based manufacturer of dental implants, that values the company at approximately KRW 2.85trn (USD 2.3bn).
A Bain Capital-backed take-private of Japanese one-stop field marketing services provider Impact HD, which values the company at approximately JPY 30.7bn (USD 236.3m), has won board support.