Pan-regional funds attract the bulk of capital while the renminbi space withers; mixed fortunes for internet IPOs and trade sales; big buyouts fail to deliver but growth-stage tech stays strong
Fosun Tourism Group (FTG), which operates holiday resorts under the Club Méditerranée (Club Med) brand, has raised HK$3.34 billion ($427 million) through its Hong Kong IPO.
Indian cold chain logistics provider Coldex has filed for an IPO that will provide a partial exit to Asia Climate Partners (ACP), an investment vehicle backed by the Asian Development Bank (ADB), Orix Corp, and Robeco Institutional Asset Management.
BabyTree, a Chinese parent-focused social networking platform that engaged in a corporate restructuring intended to facilitate an onshore listing but then 12 months later decided to go public in Hong Kong, has raised HK$1.7 billion ($217.3 million) in...
Navis Capital Partners has exited Malaysian cosmetics company Alliance Cosmetic Group, maker of the SilkyGirl brand, to Japanese strategic player Mandom for an undisclosed amount.
Tuanche, a VC-backed Chinese online auto services platform that specializes in group buying, raised $20.3 million in its US IPO after pricing its shares towards the low end of the indicative range.
China has rolled out another proposal for a start-up friendly listing regime in Shanghai, this time with presidential imprimatur. PE investors are skeptical as to how quickly it could challenge Hong Kong
The Blackstone Group has agreed to sell Ixom, a chemicals business it carved out from Australia’s Orica three years ago, to Keppel Infrastructure Trust (KIT) for approximately A$1.1 billion ($792 million).
Chinese online shopping and social networking business Mogujie has filed to list in the US. The company's investors include Tencent Holdings, Trustbridge Partners, and Hillhouse Capital.
While Korea’s private equity market remains relatively stable, a much-anticipated opening up of IPO exits has yet to come to fruition
CStone Pharmaceuticals, a cancer-focused Chinese biopharmaceutical developer with a number of PE and VC backers, has filed for an IPO in Hong Kong.
Tokyo Electric Power (TEPCO) has invested in a Vietnam hydropower project in which Nexif Energy, a Southeast Asia-focused energy investment platform backed by Denham Capital, owns a majority stake.
Growth stage technology deals have retained a strong following in 2018, but elsewhere in Chinese private equity the mood is more somber
Investors see potential in India as valuation concerns ease, but exits and the macro picture present challenges in the short term
The Rohatyn Group (TRG) has agreed to exit BHC Group, a South Korean fried chicken restaurant franchisor, by selling the business back to its founder.
The Shanghai Stock Exchange (SSE) will introduce a new board for technology start-ups, Chinese President Xi Jinping said at the country's first International Import Expo.
Chinese cancer drug developer Innovent Biologics, which has a number of PE backers, closed up on its Hong Kong trading debut, following a HK$3.3 billion ($421 million) IPO.
Pemba Capital Partners – an Australian middle-market GP formerly known as RMB Capital Partners – has agreed to sell heavy equipment specialist Heavy Maintenance Group (HMG) to Malaysia’s Sime Darby for A$58 million ($41 million).
Certusnet, a China-based developer of telecommunication software backed by CDH Investments, has filed for an IPO in Hong Kong.
Keppel Infrastructure Trust (KIT) has been named the preferred bidder for Ixom, a chemicals business that The Blackstone Group carved out of Australia’s Orica three years ago.
MBK Partners has agreed to sell its remaining stake in Korean water purifier business Coway to a subsidiary of Woongjin Group – the company from which it bought the asset in 2013 – for KRW1.68 trillion ($1.48 billion).
The Securities and Exchange Board of India (SEBI) has floated a number of proposals intended to ease the listing process for technology-focused start-ups.
Tuanche, a Chinese online auto services platform that specializes in group buying, has filed for an IPO in the US. Its backers include K2 Ventures, Highland Capital Partners, and Bertelsmann Asia Investments (BAI).
Standard Chartered Private Equity (SCPE) has exited its stake in Dolvi Minerals and Metals, a trader of metallic and non-metallic minerals based in India.