
Malaysia to see increased mid-market competition
A shortage of attractive and accessible targets and the introduction of new private equity players - notably from the banking sector - could result in a squeeze on Malaysia’s middle-market deal flow.
“We expect competition to get more intense as more money enters the fray and chases a limited number of viable deals,” Syed Yasir Arafat Syed Abd Kadir, CEO of Ekuinas, told AVCJ. “The differentiating...
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Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.