Singapore-based healthcare platform Novena Global Lifecare has completed a $350 million merger with Xingkedou, a VC-backed Chinese hair salon operator that specializes in fast turnaround services.
Southeast Asia’s internal growth and rising appeal among global investors in recent years have fed expectations that PE and VC exits will follow. The logic is sturdy but detailed projections are elusive
Second quarter analysis: Spin-outs reflect challenges for China fundraising; weak buyout activity continues to hold back Asia PE investment; Korea heads the exit charts as China falls back
Feihe, a China-based dairy products manufacturer backed by Morgan Stanley Private Equity Asia (MSPEA), has filed for an IPO in Hong Kong.
Evidence is mounting that US and Chinese ecosystems for advanced technologies are careening toward an antagonistic decoupling. Investors are philosophical and pragmatic
KKR will sell Kokusai Electric – a semiconductor-focused thin film manufacturing business acquired from Hitachi approximately 18 months ago – to US-listed Applied Materials for $2.2 billion in cash.
Peepul Capital has secured an exit from Indian power supply maker CNPS, selling the business to Japan's Fuji Electric seven years after acquiring a majority stake
KKR generates a healthy exit for its third pan-Asian fund by helping Korean copper components supplier KCF Technologies build up exposure to a booming electric vehicle market
VIG has agreed to make a full exit from Korean camera lens manufacturer Samyang Optics – having taken the business public in 2017 – and will realize a 3.5x gross return on its investment.
Home Control International, a Singapore-based manufacturer of remote controls for television and smart devices owned by Morgan Stanley Private Equity Asia (MSPEA), has filed for an IPO in Hong Kong.
AMTD International, the investment banking, asset management, and strategic investment division of Hong Kong-based financial advisor AMTD Group, has filed for an IPO in the US. Both companies are backed by Morgan Stanley Private Equity Asia (MSPEA).
Negative perceptions and local sensitivities have stymied the development of secondary buyouts in Japan. International GPs – plus some of their domestic peers – have the firepower to drive change
Peepul Capital has agreed to sell its entire stake in Consul Neowatt Power Solutions (CNPS), a maker of uninterruptible power supplies (UPS) based in India, to Japan's Fuji Electric.
A growing number of Singaporean retail investors are seeking PE exposure under a program overseen by Temasek Holdings. Nearly 31,000 applications representing S$820 million ($602 million) were submitted for the S$180 million worth of bonds – backed...
Hansoh Pharmaceutical Group, a Chinese drug developer that counts Hillhouse Capital and Boyu Capital among its investors, has raised HK$7.86 billion ($1 billion) through a Hong Kong IPO.
NAB Ventures, a unit of National Australia Bank (NAB), is set for its debut exit via a deal that will see US tax services giant H&R Block acquire Canada’s Wave Financial for about $400 million.
Pan-Asian logistics and fund management platform ESR has postponed its Hong Kong IPO, which was expected to raise up to HK$975.6 billion ($1.24 billion) and facilitate partial exits for several private equity investors.
KKR is set for the first exit from its third Asian fund, having agreed to sell Korean copper foils manufacturer KCF Technologies to an affiliate of SK Group for KRW1.2 trillion ($1 billion).
Private equity-backed online real estate portal Fang.com has spun-out its property analytics and benchmarking system in what its CEO Yu Huang described as the first direct public offering (DPO) by a Chinese company in the US.
Kedaara Capital has sold its remaining stake in Mahindra Logistics (MLL), the logistics and transport service of India’s Mahindra & Mahindra.
GSX Techedu, operator of Chinese online education platform Baijiahulian, raised $207.9 million in its US IPO, but a flat first day of trading was followed by a 4.6% decline on day two.
Mabpharm, a China-based biopharmaceutical company backed by CDH Investments, saw its stock drop almost 20% on debut following a HK$1.23 billion ($157 million) IPO in Hong Kong.
Frontage Holdings, a China-based contract research organization (CRO), has raised HK$1.61 billion ($205.1 million) in its Hong Kong IPO, having received support from several private equity investors.
TPG Growth has stayed the course with a long-term plan based on confidence in a freshly assembled team at Indian cancer care provider CTSI. This has translated into a healthy exit