KKR has announced a strategic partnership with Hong Kong-listed lighting solutions company NVC Lighting in which the GP will acquire a controlling stake in NVC’s mainland China business.
The deal will see KKR and NVC form a joint venture that will hold a 100% stake in NVC China; KKR will own a 70% stake in the JV and will pay a cash consideration of $794 million to NVC from its third Asia...
BGH Capital has set the hard cap for its second Australia and New Zealand-focused fund at AUD 3.5bn (USD 2.5bn), having reached a first close of approximately AUD 3bn in November 2021.
GLP, a regional logistics platform that makes private equity investments in ancillary businesses and technologies, has launched its debut Vietnam fund with USD 1.1bn in commitments.
Generation Asia Acquisition, a special purpose acquisition company (SPAC) sponsored by Roy Kuan, formerly Asia managing partner at CVC Capital Partners, has raised USD 200m through a US offering.
India’s M2P Fintech, a software provider that connects banking infrastructure to consumer-facing technology platforms, has raised USD 56m in Series C funding led by Insight Partners.