Hillhouse Capital and VMG Partners, a US-based PE firm focused on the consumer sector, have formed a strategic partnership to invest up to $100 million in innovative consumer brands worldwide.
China Investment Corporation (CIC) has reached an agreement with several Japanese financial institutions to establish a fund that will support Japanese companies looking to expand into China.
Saudi Arabia’s Public Investment Fund (PIF) will invest $500 million into the Russia-China Investment Fund (RCIF), a vehicle established in 2012 by China Investment Corporation (CIC) and the Russian Direct Investment Fund (RDIF).
Centurium Capital, a private equity firm established by ex-Warburg Pincus China head David Li, has increased the hard cap on its debut fund from $1.5 billion to $1.98 billion.
Motilal Oswal Private Equity (MOPE) has closed its third growth equity fund at INR23 billion ($325 million), beating its target of INR20 billion.
Zebra Global Capital, a Chinese GP established by Qunar co-founder Chenchao Zhuang (pictured), has reached a final close on its second fund. The firm said its total assets under management are now around $2 billion, without disclosing the size of the...
TVS Capital Funds, a PE investment firm sponsored by the TVS Group and Shriram Group, has reached a first close of INR8.3 billion ($113 million) on its third India growth fund.
Michael Carmen, a senior managing director and PE lead portfolio manager at Wellington Management, discusses the growing opportunity in the late-stage pre-IPO market and the challenges for investors
Morgan Stanley Private Equity Asia raises $440 million for its first vehicle aimed at the so-far underpenetrated Thailand market
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.
China’s Maison Capital raises its first US dollar-denominated fund with a view to expanding its mandate while staying focused on a thriving domestic consumer market
Caldera Pacific, a Southeast Asia-focused private equity firm that has spent the past four years working on a deal-by-deal basis, is looking to raise $200 million for its debut fund.
Hillhouse Capital has broken the record for Asia private equity fundraising by collecting $10.6 billion for its most recent vehicle. But how will the firm put all this money to work?
Chinese growth capital private equity firm Maison Capital has closed its first US dollar-denominated fund at $200 million.
Investcorp, a Bahrain-listed asset manager, has made its first foray into China by committing $150 million to China Everbright’s New Economy Fund. There is an additional co-investment right of up to $100 million.
Hillhouse Capital has closed its latest fund – which will make healthcare, consumer, technology, and services investments globally, but with a focus on Asia – with commitments of $10.6 billion.
The Overseas Private Investment Corporation (OPIC), a development finance arm of the US government, has committed $150 million to Quadria Capital II, the latest fund of healthcare-focused PE firm Quadria Capital.
China Renaissance Holdings is planning an aggressive push into wealth management services, targeting high net worth individuals in China’s new economy, with proceeds from its upcoming Hong Kong IPO.
GLP, a private equity-owned warehouse operated based in Singapore, has teamed up with GIC Private to establish a $2 billion logistics fund focused on China.
Shailesh Rao (pictured), a former executive at Twitter and Google, has been named head of India and Southeast Asia for TPG Growth, the middle market investment platform of TPG Capital.
Myanmar private equity firm Anthem Asia has reached a first close of $34.5 million on its debut fund, which will invest locally in small to medium-sized enterprises (SME).
New Zealand’s Genesis Private Equity has launched its second fund focused on local small to medium-sized companies with a target of NZ$30 million ($20 million).