Growth
Sequoia seeks up to $3.1b for China, India
Sequoia Capital plans to raise up to $3.1 billion for deployment in China and India across seed, venture and growth strategies.
Fund focus: SeaLink’s patience pays off
Four years after its founders left their previous jobs with KKR in India, SeaLink Capital Partners has closed its debut fund. Now the GP is on the look-out for opportunities in the middle market
Impact investment: A new breed
Global GPs have the potential to draw fresh sources of capital to Asia's impact investment funds
SeaLink closes debut India fund at $315 million
Indian middle-market PE firm SeaLink Capital Partners has closed its first fund at $315 million, beating its $250 million target.
Partners Group launches impact investment strategy
Partners Group has launched a dedicated impact investment strategy designed to achieve attractive risk-adjusted financial returns alongside measurable, positive social and environmental impact.
India’s Lighthouse reaches $150m first close on Fund III
Lighthouse Funds has reached a first close of $150 million on its third India-focused growth capital fund.
Impact agenda: Attracting institutional capital
Global PE firms are launching impact funds tailored to appeal to institutional investors that have so far largely ignored the space. There will be growing pains, but the benefits should be wide-ranging
China's CIC sets up $184m cross-border tech fund with Ireland
China Investment Corporation (CIC) has teamed up with state-controlled Ireland Strategic Investment Fund (ISIF) to launch a EUR150 million ($184 million) cross-border technology fund.
Abraaj releases LPs from commitments to latest fund
The Abraaj Group is releasing investors from commitments made to its latest flagship fund – which targets growth markets in Asia and other regions – having previously decided to suspend the fundraising process in the wake of governance concerns.
Anthem seeks up to $50m for Myanmar fund
Anthem Asia has launched a Myanmar-focused private equity fund with a view to raising up to $50 million for investment in small to medium-sized enterprises (SMEs).
NDE reaches $357m close on Fund II, raises hard cap
Chinese private equity firm NDE Capital has confirmed a third close for its second fund with $357 million in commitments, surpassing a $350 million hard cap. It has raised the targeted corpus to $450 million.
India's Faering targets $200m for third fund
Indian GP Faering Capital is seeking $200 million for its third growth capital fund, with a hard cap of $250 million.
Advantech, Redview target $1.5b for China deals
Advantech Capital and Redview Capital – parallel entities formed following the restructuring of Chinese GP New Horizon Capital – are seeking a combined $1.5 billion for their latest funds.
Creador targets $500m for Southeast Asia, India fund
Creador is targeting $500 million for its fourth Southeast Asia and India-focused fund. The private equity firm closed its previous vehicle at $415 million in late 2016.
Orchid raises $1.3b for Fund VII – update
Orchid Asia has closed its seventh fund at $1.3 billion. The vehicle had initially targeted a final close of $900 million by November 2017.
TPG Growth closes fourth fund at $3.7b
TPG Capital has closed its fourth global middle market and growth equity fund at the hard cap of $3.7 billion after four months in the market.
Warburg Pincus raises $2.3b global financial services fund
Warburg Pincus has closed its first global private equity fund focused on financial services with $2.3 billion in commitments.
AVCJ at 30: Part Six - The Expectations Game
Lewis Rutherfurd of Inter-Asia Venture Management, Piau-Voon Wang, David Pierce of HQ Capital, Weijian Shan of PAG Asia Capital, Michael Kim of MBK Partners, Dan Carroll of Brooklands Capital Strategies, Joseph Bae of KKR, and Brooks Zug of HarbourVest...
Cathay Capital launches $227m China automobile fund
Cathay Capital Private Equity has launched a RMB1.5 billion ($227 million) China automobile sector fund with cornerstone investments from Yangtze River Industry Fund and French auto supplier Valeo.
IFC proposes $20m commitment to Lighthouse India fund
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a commitment of up to $20 million in the third India-focused vehicle of Lighthouse Funds.
China’s GenBridge closes debut fund at $500m hard cap
GenBridge Capital, a private equity firm set up by former executives from Chinese online retailer JD.com and TPG Capital, has closed its debut consumer-focused fund at the hard cap of $500 million.
Fund focus: Eight Roads fund targets Japan tech
Eight Roads Ventures has $223 million to deploy in Japan, with robotics, inbound tourism and healthcare all high on its agenda
China's CDH seeks $2.5b for sixth US dollar fund
CDH Investments is targeting $2.5 billion for its sixth US dollar-denominated China fund, in line with the $2.55 billion the firm raised for its previous flagship vehicle in 2014.
India's Edelweiss raises $270m pre-IPO fund
Edelweiss Financial Services has raised a new fund to invest in pre-IPO funding rounds for Indian companies, with a corpus of INR17.5 billion ($271 million).
