The Asian Development Bank (ADB) has agreed to invest $25 million in Exacta Asia Investment II (Exacta II), a Southeast Asia-focused vehicle launched last year by Japan’s Mizuho Bank.
China Everbright has completed the first close of RMB800 million ($115.4 million) on its third healthcare fund. The overall target for the vehicle is around RMB1.5 billion.
Morgan Stanley Private Equity Asia (MSPEA) has reached a final close on its debut Thailand-focused fund with more than $440 million in commitments. The vehicle, launched in partnership with Bangkok Bank, had an initial target of $300 million.
India’s IvyCap Ventures has launched an angel fund targeting INR600 million ($8.2 million) that will make seed to Series A-stage investments.
Sequoia Capital India has split its investment staff, creating separate teams for India and Southeast Asia focused on venture and growth capital investments. The firm's China and US affiliates already employ a similar strategy.
Future Capital has closed its third US dollar-denominated fund at $100 million. The Chinese VC firm will continue its strategy of backing start-ups with technologies that drive industrial upgrades and improve consumer experience.
Matteo Stefanel discovered a passion for financial services early in his career. This led to the formation of Apis Partners, which seeks to back the sector’s most innovative entrepreneurs in Asia and Africa
GGV Capital has closed its latest fund – primarily for deployment in China and the US – with $1.88 billion in commitments. The venture capital firm raised $1.2 billion for its previous vehicle in 2016.
The once commonplace incentives used by local governments in China to attract PE fund managers are now largely extinct. New GPs struggle even to register in a city, let alone get paid for doing so
Brand names dominate Asia fundraising to an unprecedented degree; China IPOs continue despite weakening markets; Taiwan, Australia and Singapore deliver an unlikely investment boost
IDG Ventures India has rebranded as Chiratae Ventures, marking the end of its association with IDG and underlining its commitment to the local start-up community
Bain Capital Private Equity has set a target of $3.5 billion for its fourth Asia fund and is expected to complete a first and final close in December.
China and Southeast Asia-focused VC firm Gobi Partners has launched a $10 million fund aimed at early stage investments in Indonesia.
Indonesian venture capital firm Kejora Ventures is seeking $100 million for a growth fund that will participate in Series B and C rounds for local start-ups. Initial commitments have come from several Korean investors, reflecting the country’s strong...
Social Finance, a globally focused impact investor based in the UK, plans to raise $2 billion for investments in India across two vehicles focused on education and local micro, small and medium-sized enterprises (MSMEs).
IDG Ventures India has changed its name to Chiratae Ventures to emphasize the firm’s identity as a backer of high-growth Indian start-ups with potential for global expansion.
Nearly one-third of domestic private equity firms inspected by China’s securities watchdog in the first half of this year were found to have irregularities, prompting the regulator to reaffirm its intent to further step up scrutiny of the industry.
Morningside Venture Capital, a China-focused early-stage VC firm, has raised approximately $1 billion for its latest US dollar-denominated fund. It represents a considerable step up in size from the GP’s previous vehicle, which closed at $660 million...
Shaw Kwei & Partners, a middle-market private equity firm that primarily focuses on the industrial, manufacturing and services sectors in Asia, has closed its fourth fund at $812 million.
Gobi Partners, a VC firm focused on early-stage Chinese and Southeast Asia companies, has made its first foray to the Philippines through the launch of a $10 million fund. It is partnering with Core Capital, a recently-established VC player based in Manila.
Indian venture capital firm Iron Pillar Capital Management has closed its maiden fund with aggregate capital commitments of just over $90 million.
Indian venture capital firm Blume Ventures has reached a first close of $40 million on Blume Ventures Fund III, its third early-stage fund.
Avenue Capital Group has rebooted its Asia franchise by raising a $450 million fund that will target special situations opportunities across the region.
Having successfully overcome a series of post-global financial crisis troubles, Advantage Partners now has a multi-strand domestic and international offering intended to give it an edge in investments