Sequoia Capital has hit the hard cap on each of the four funds in its latest China vintage, accumulating USD 8.8bn for deployment in seed through late-growth rounds.
Australian technology-focused private equity firm Potentia Capital has achieved a first and final close of AUD 635m (USD 438m) on its second fund, hitting the hard cap and beating a target of AUD 500m.
DCP Capital has already completed five investments from its second China fund, having completed a first close of USD 2.5bn in January.
Cathay Capital Private Equity has reached a first close of CNY 1.6bn (USD 241m) on its second renminbi-denominated growth fund.
Singapore’s Fullerton Fund Management has hit a first close of USD 100m on its first Thai private equity strategy in partnership with KBank Private Banking, a division of local lender Kasikorn Bank.
Intermediate Capital Group (ICG) has closed its fourth Asia Pacific fund with USD 1.1bn in commitments, with nearly one-third of the corpus already deployed across four deals.
Venturi Partners, a Singapore-based consumer-focused investment firm established by a former Verlinvest executive in the region, has closed its debut fund on USD 175m.
South and Southeast Asia healthcare specialist Quadria Capital is broadening its scope to include areas such as healthcare technology and digital health insurance for Fund III, which is expected to be up to USD 1bn in size.
TPG has raised USD 7.3bn for a dedicated climate-focused strategy under its USD 14bn global impact investment platform.
The International Finance Corporation (IFC) has proposed a USD 10m commitment to Singapore-based Circulate Capital’s second fund dedicated to reducing plastics pollution.
Growtheum Capital Partners, a private equity firm established by the former head of GIC’s direct private equity investment group in Southeast Asia, has achieved a first close of approximately USD 400m on its debut fund.
Creaegis, an India-based private equity firm established by Prakash Parthasarathy, formerly founding CIO and managing partner of PremjiInvest, is looking to raise USD 500m for its debut fund.
DSG Consumer Partners has reached a first close of approximately USD 63m on its fourth fund, which will make early-stage consumer sector investments in India and Southeast Asia.
Dymon Asia Private Equity (DAPE) has set a target of USD 550m for its third fund, which will make investments in mid-market companies in Southeast Asia.
IIFL Private Equity is seeking up to INR 40bn (USD 524m) in commitments for its latest India pre-IPO fund as part of a broad fundraising push intended to secure INR 70bn to INR 80bn across multiple strategies over the next 12 months.
Seatown Holdings International, an affiliate of Singapore’s Temasek Holdings, will welcome commitments as small as USD 100,000 from mass affluent investors in its latest fund.
Nio Capital, a China-based investment firm established by the founder of domestic electric vehicle (EV) manufacturer Nio, has raised USD 400m for its second US-dollar denominated fund.
Rockets Capital, a Chinese investment firm co-founded by Bing Yuan, formerly COO of Hony Capital, in conjunction with the senior leadership of local electric vehicle (EV) maker Xpeng, has reached a first close of USD 200m on its debut fund. The overall...
Nepal’s Dolma Fund Management has reached a second close of USD 50m on its second impact fund with the addition of the US International Development Finance Corporation (DFC) as an LP.
A HKD 5bn (USD 640m) strategic tech fund will be established under Hong Kong’s Future Fund as part of an initiative to make direct investments that underpin the territory’s status as a hub for finance, commerce, and innovation as well as generate...
Korean middle-market private equity firm Crescendo Equity Partners has confirmed a final close of USD 910m on its third flagship fund, beating a target of USD 700m.
Investcorp is targeting USD 400m for its third India private equity fund as part of efforts to quadruple its assets under management (AUM) in the country to USD 2bn within six years.
CLSA Capital Partners (CLSA CP) has launched a China growth fund focused on healthcare, smart manufacturing, renewable energy, tech-enabled media. The target is USD 500m.
Creador claims to be Southeast Asia’s only middle-market GP with on-the-ground capacities across the region. But in-house post-deal support and nimble deal sourcing are its key differentiators