Investments
Helion, Nexus join DFJ on PubMatic
Indian VC firms Helion Ventures and Nexus India Capital Advisors have joined Draper Fisher Jurvetson in a $7.5 million Series C round for their existing investee PubMatic, an online ad revenue optimization business based in California.
Trikona exiting Fortis
Trikona Trinity Capital, a listed private equity firm floated on London's AIM board, is reportedly exiting its pre-IPO investment in India's Fortis Healthcare in stages.
Walden announces duet of deals
Veteran Asia Pacific VC investor has announced two new deals, one in China, with a Series B financing of Best Logistics Technologies, and one in India, with an expansion round for Quattro BPO Solutions.
Dissecting the Asian infrastructure opportunity
The sky is the limit for infrastructure investing, but how do firms actually tap into the prospects?
Taizinai puts China risk on show
Actis, Goldman, Morgan Stanley stand to lose
Healthcare: The next China VC horizon?
PRC healthcare VCs take the market’s temperature
GMR seeks further funds after Temasek
After recently agreeing a $200 million investment deal with Singapore SWF Temasek Holdings for its GMR Energy arm, India's GMR Group has indicated that it still seeks a further $100 million of private equity investment.
Primus: No plans to exit EON
Primus Pacific Partners has stated publicly that it has no plans to exit Malaysian investee EON Capital Bhd, despite an earlier rejected $1.4 billion takeover bid by Hong Leong Bank.
Navis's Bangkok Ranch ducks out with UK deal
Navis Capital has injected $50 million into Thai investee Bangkok Ranch Co. Ltd., according to AVCJ sources, as part of the latter's c.$100 million 100% acquisition of UK duck business Cherry Valley Farms, Ltd.
DCM, SAIF, invest 58.com
Doll Capital Management (DCM) and SAIF Partners have jointly led a $15 million second round of investment into 58.com, a Chinese classified ads website.
Carlyle, CVC, Unison bidding for Q'sai?
The Carlyle Group, CVC Asia Pacific and Unison Capital Inc. have emerged as among the probable bidders for Japanese vegetable juice maker Q'sai Co., in what might become the largest buyout deal so far this year.
Ramnath gets Multiples first close at $250 million
Multiples Alternate Asset Management, the private equity vehicle launched by former ICICI Venture MD and CEO Renuka Ramnath, has had a first closing at $250 million, against a $450 million target.
TPG launches China Grand Auto IPO
TPG Capital has engaged CICC and Goldman Sachs for a listing of its PRC investee China Grand Automotive Services Co Ltd., which could be worth up to $1 billion.
Goldman $1.08 billion KNM deal falls through
Goldman Sachs's already-announced $1.08 billion investment in Malaysian oil and gas business KNM Group Bhd. has collapsed, apparently due to pricing disagreements.
Daiwa SMBC sells Q'sai for over $1 billion
Daiwa SMBC Capital, the private equity arm of Daiwa Securities Group and Sumitomo Mitsui Financial Group, is reportedly selling investee Japanese juice maker Q'sai Co., in what could become the largest exit so far this year in Japan.
Actis, Goldman, Morgan Stanley's Taizinai collapses with $440 million debts
Actis Capital, Goldman Sachs, and Morgan Stanley investee Hunan Taizinai Group, a PRC dairy company, has gone into provisional liquidation with RMB3 billion ($440 million) in debt.
Carlyle Taiwan Mobile deal needs new solution
Taiwan's Taiwan's media and broadcasting regulator, the National Communications Commission, has ruled that the Carlyle Group and Taiwan Mobile must find an acceptable solution to the regulatory problems stalling a planned $1 billion investment.
Colony checks partway out of Raffles to QIC
Colony Capital is reducing its stakeholding in iconic Singapore-centered hotel investment Fairmont Raffles Holdings International, in an $847 million deal with the Qatar Investment Authority, with Singapore's historic Raffles Hotel going to QIC for $275...
Bain goes to Lilliput in India
Bain Capital India is to invest some $79 million for an undisclosed stake - thought to be at least 10% - in Lilliput Kidswear, a Delhi-based manufacturer of children's apparel and accessories.
KKR after Firstsource
Kohlberg Kravis Roberts & Co is seeking a stake of up to 68% in Indian BPO player Firstsource Solutions from existing investors, in a deal that could fetch up to $250 million.
Building a better Asia – public, private, partnerships and profits
Asian infrastructure, the best investment opportunity yet?
Real estate: blossoming in Japan?
Land of the Rising REIT?
Capacity limits in AsiaPac?
A blast from the (recent) past blew in from the US last week, with the news that US investment group Fraser Sullivan had issued the first collateralized loan obligation (CLO) from a major financial house in over a year.
Investec Wentworth FOF moves from wine to wires
Australian mid-market firm Investec Wentworth Private Equity, part of the Investec group, has repositioned its First Opportunity Fund (FOF), an ASX-listed vehicle hitherto known as the First Wine Fund, as a backdoor listing platform for unlisted wholesale...