Private equity firms Asia-IO Capital and Wise Road Capital have acquired a 55.6% stake in a semiconductor packaging materials business from Hong Kong-listed ASM Pacific Technology.
They committed a combined $200 million to ASM Materials, according to a filing. ASM Pacific will retain a 44.4% holding and cease to declare the company as a subsidiary following completion of the transaction....
Prosus Ventures, formerly a VC arm of South African media conglomerate Naspers, has led a $30 million Series C round for Indian agricultural technology provider DeHaat.
Having scaled up in fund size to $75 million for its second vintage, Endiya Partners is looking for opportunities in an increasingly attractive yet competitive Indian start-up ecosystem
Placement agent Monument Group has appointed Hiroshi Nishimuro, formerly of Morgan Stanley, as its Japan representative to lead fundraising efforts and manage GP relationships in the country.
Simon Lau, who has led the Asian operations at fund-of-funds Pathway Capital Management since 2012, has been promoted to managing director.