Investments
India's Ofbusiness gets $11m round led by Zodius
Zodius Capital has led a INR750 million ($11.1 million) Series B round for Indian online marketplace Ofbusiness.
Deal focus: Investing in Australia's winds of change
Partners Group moves early in response to regulatory easing in Australia's renewables space with $186 million wind power bet
2016 in review: Uncertainty reigns
Infrastructure and late-stage technology among the few investment bright spots; renminbi vehicles dominate the fundraising landscape; public market instability undermines exit plans
Q&A: Bain Capital's Steven Barnes
Steven Barnes, a US-based managing director in Bain Capital Private Equity, on how GPs can stay ahead in investment environment characterized by high valuations, low growth, and a degree of uncertainty
Q&A: Värde's George Hicks
George Hicks, CEO and CIO of global credit investor Värde, on looking beyond big default cycles, taking advantage of bank retrenchment opportunities, and the importance of building strong local teams
Bain Capital to acquire Camp Australia
Bain Capital Private Equity has agreed to buy Camp Australia, a nationwide provider of outside school hours care, for an undisclosed sum.
Honda invests in Singapore's VC-backed Grab
Southeast Asia-focused ride-hailing app operator Grab has agreed to a strategic partnership with Honda that will include an investment from the car maker.
Samara to invest $25m in India's SMT
Samara Capital has agreed to invest up to $25 million for a significant stake in Indian medical device manufacturer Sahajanand Medical Technologies (SMT).
KKR, Temasek invest $266m in India's SBI Life
KKR and Temasek Holdings have agreed to invest INR18 billion ($266 million) for a 3.9% stake in SBI Life, the life insurance subsidiary of the State Bank of India (SBI).
Partners Group agrees $186m Australia wind farm deal
Partners Group has invested A$250 million ($186 million) into an Australian wind energy installation that aims to power 110,000 homes and offset 600,000 tonnes of carbon emissions per year.
Australia's GO1 raises $3m for global push
Australia-based education technology start-up GO1 has received a A$4 million ($3 million) round of funding from a group of domestic and US VCs for its expansion efforts in Asia, North America and Europe.
Allegro acquires Australian mining business
Allegro Funds Group has acquired Australian mine production and specialist drilling operator JSW Australia.
Macquarie, CIC join consortium to buy control of UK gas distributor
China’s CIC Capital and Australia’s Macquarie Infrastructure and Real Assets (MIRA) have joined a consortium agreeing to take control of the UK’s largest gas distribution business for GBP5.4 billion ($6.8 billion).
Edelweiss leads $9m round for India's Revv
Edelweiss Private Equity has led a $9 million Series A round of funding for Indian car rental start-up Revv.
Taiwan regulators stress openness to private equity - AVCJ Forum
Taiwan’s government has reiterated its openness to foreign investment, despite several notable private equity and M&A deals getting rejected by the regulators.
Mandarin acquires Italian pharmaceuticals maker
Europe-Asia cross-border focused PE firm Mandarin Capital Partners has committed EUR16.4 million ($17.7 million) for a majority stake in Italian pharmaceutical manufacturer Mipharm.
Anchor-led group invests $107m in Korean mobile content platform
A consortium led by Anchor Equity Partners has committed KRW125 billion ($107 million) to Podotree, the mobile content platform of Korean internet giant Kakao.
Gaw Capital leads Australian student accommodation acquisition
Hong Kong private equity firm Gaw Capital Partners has led the purchase of an office building in Australia for conversion into student accommodation.
GIC to invest $261m in Indonesian cinema operator
GIC, Singapore’s sovereign wealth fund, has committed to invest up to IDR3.5 trillion ($261 million) in Indonesian cinema operator Nusantara Sejahtera Raya (NSR).
CHAMP PE buys New Zealand freight businesses
CHAMP Private Equity has agreed to buy three New Zealand-based shipping businesses.
Taiwan's KKday receives $7m bridge round
Taiwan-based travel website operator KKday has extended its Series A round of funding with a $7 million investment co-led by domestic accelerator AppWorks and Singapore’s Monk’s Hill Ventures.
Rui Ma leaves 500 Startups to launch US-focused fund-of-funds
Rui Ma, Greater China partner at Silicon Valley-based investor 500 Startups, has left the firm and set up her own early-stage fund-of-funds to invest in US GPs.
INCJ to invest $45m in UK freeze-dried food company
Innovation Network Corporation of Japan (INCJ) has committed up to $45 million as part of a joint acquisition of UK-based freeze-dried food manufacturer Chaucer Food.
Eight Roads leads $12m Series B for India's Core Diagnostics
Eight Roads Ventures has led a $12 million Series B round for India-based medical diagnostics services provider Core Diagnostics.