Expansion
Zoyi Capital backs Taiwan Farm Industry
Greater China-focused mid-cap investor Zoyi Capital has invested an undisclosed sum in Taiwan Farm Industry (TFI), a 47-year-old meat processor in Taiwan.
Indonesian gas power plant developer gets new funding
Indonesia Infrastructure Finance - a vehicle owned by the Indonesian government and several development finance institutions (DFIs) - has invested $12.5 million into a subsidiary of gas power plant developer Maxpower.
SCPE backs China property joint venture
Standard Chartered Private Equity (SCPE) has led a $124 million financing round for a mixed-used commercial property development project in China.
Unleashing Malaysia
Malaysia’s underlying macroeconomic fundamentals suggest a strong appeal to private equity but deal flow remains modest. Can more opportunities be unlocked in the mid-market?
Standard Chartered PE commits $83m to Indian power business
Standard Chartered Private Equity (SCPE) will invest INR5 billion ($83 million) in the power grid subisiary of Sterlite Technologies, a listed Indian transmission solutions provider for the telecom and power industries.
TPG invests in Hong Kong-based hedge fund seeder
TPG Capital will take an ownership interest in HS Group, a Hong Kong-based investment company that provides seed capital to hedge funds, as part of strategic partnership between the two firms.
Goldman, ADB, GEF commit $140m to India's ReNew Power
Indian renewable energy producer ReNew Power Ventures has received $140 million in funding from Asian Development Bank (ADB), Global Environment Fund (GEF), and existing investor Goldman Sachs.
GIC, Olympus lead Series D round in China premium dairy play
Singapore sovereign wealth fund GIC Private and Olympus Capital Asia have led a $106 million Series D round of investment in China's Huaxia Dairy in a bid to tap in the country's fast-growing premium dairy segment.
Warburg Pincus re-ups in China ANE Logistics
Warburg Pincus has re-upped in China ANE Logistics, committing $50 million to the Chinese logistics and courier services provider.
JBIC invests $10.5m in India-based Takshasila Hospitals
The government-backed Japan Bank for International Cooperation (JBIC) has invested INR630 million ($10.5 million) in India's Takshasila Hospitals, which operates Sakra World Hospital in Bangalore.
Tembusu Partners backs Indonesia coal player
Singapore-based private equity firm Tembusu Partners has invested $7.5 million in Param Mitra Coal Resources (PMCR), which owns two operating coal mines in Indonesia.
Equis buys 47% stake in China's Oriental Gas
Energy and infrastructure investor Equis Funds Group has taken a 47% stake in Chinese natural gas developer and operator Oriental Gas as part of a $43 million equity financing package.
Catamaran Ventures teams up with Amazon in India
Catamaran Ventures, the private investment arm of Infosys co-founder N.R. Narayana Murthy, has formed a joint venture with Amazon intended to help small and medium-sized enterprises (SMEs) in India get online.
Creador's water scarcity play
The purchase of a minority stake in Vectus Industries, an Indian manufacturer of plastic water tanks and pipes, takes Creador’s tally to $100 million across five deals so far this year. Each investment came from the Southeast Asia and India-focused GP’s...
China logistics: Filling the gap
Spurred by a lack of high-quality supply and rising demand from retail customers, private capital is flooding into China’s logistics sector. The fundamentals are strong, but investors and operators must be disciplined
CDH, China Grand Pharma buy control of contact lens maker
CDH Investments has teamed up with Hong Kong-listed China Grand Pharmaceutical & Healthcare to acquire a 71.25% stake in contact lens maker Shanghai Weicon Optical for $78.75 million.
Standard Chartered PE backs Korea's AJ Networks
Standard Chartered Private Equity (SCPE) has invested $60 million in AJ Networks, the largest shareholder in listed South Korean car rental business AJ Rent A Car.
ADB invests $50m in India's Welspun Renewables
The Asian Development Bank (ADB) has committed $50 million to the renewable energy division of India’s Welspun Group. It is the group’s largest direct equity investment in the renewable energy space.
Creador backs Indian water tank maker Vectus
Southeast Asia and India-focused GP Creador has paid INR1 billion ($16.7 million) for a minority stake in Vectus Industries, an Indian manufacturer of plastic water tanks and pipes.
PSERS re-ups as Orchid Asia seeks $750m for sixth China fund
Pennsylvania Public School Employees’ Retirement System (PSERS) has committed up to $75 million to Orchid Asia’s sixth China fund, which has a target of $750 million.
PE must prove value credentials to China targets - AVCJ Forum
Private equity investors in China must be more careful picking sectors and prepared to work harder to secure deals and deliver acceptable returns, industry participants told the AVCJ China Forum.
China's Capital Today targets evergreen fund
China-focused private equity firm Capital Today is seeking to raise an “evergreen” fund with an lifespan far longer than the industry standard 10 years, whereby funds usually enter the exit phase in year three.
Yunfeng, CITIC PE seal $320m China dairy investment
Yunfeng Capital and CITIC Private Equity have agreed to invest at least RMB2 billion ($320.5 million) in an unlisted farming subsidiary of Chinese dairy producer Inner Mongolia Yili Industrial Group.
China's OTC market: The shortcut
JD Capital has become the first Chinese private equity firm to list on the country’s over-the-counter platform. Is the New Third Board a viable exit option – for GPs or for portfolio companies?