C Capital, an investment firm established by Adrian Cheng, scion of Hong Kong’s New World Development, has closed its latest private equity fund with around USD 250m in commitments.
Thailand-based conglomerate Charoen Pokphand Group (CP Group) has launched a USD 2bn fund that will focus on high-growth middle-market companies in Southeast Asia.
TH Capital, a private equity firm that originated from China's Tsinghua University and was formerly known as Tsinghua Holdings Capital, has completed a USD 60m first close on its debut US dollar-denominated fund.
LP allocations to China funds are limited in number and hotly contested. Forebright Capital closed its latest vehicle by emphasising its track record in advanced manufacturing and enterprise software
Amit Kunal swapped a sovereign wealth fund for an independent shop at a time when fundraising was becoming difficult. Robust early deal flow helped Growtheum Capital Partners to its USD 567m final close
China-focused Forebright Capital has closed its third fund with USD 502m in commitments. The manager claimed to have spent about a year in the market.
Growtheum Capital Partners, a private equity firm established by the former head of GIC’s direct private equity investment group in Southeast Asia, has closed its debut fund on USD 567m, falling short of the USD 750m target set in early 2022.
Nominations for the 2023 AVCJ Private Equity & Venture Capital Awards close on September 28 at 6 p.m. Hong Kong time. There will be no further extensions.
Proterra Asia has been investing in food and agriculture across the region for 13 years. This will continue, regardless of tweaks in management entity ownership and fund structure
Maps Capital, a private equity investment arm of Mirae Asset Financial Group, has launched its second US dollar-denominated fund with a target of USD 200m.
VMS Group will reach out to fund-of-funds with China or regional mandates for its new flagship private equity fund, which is intended to mark the firm's transition from a platform that primarily serves Hong Kong family offices to one that is more institutional...
Principle Capital, a Chinese private equity firm that has a strategic relationship with US-based Clayton, Dubilier & Rice (CD&R), has reached a second close of approximately USD 200m on its fifth fund.
FutureX Capital, which makes growth-stage technology investments in China, has closed its second US dollar-denominated fund with commitments of approximately USD 150m.
TA Associates, a global growth-oriented investor with an Asia portfolio that is relatively heavy on India and Australia, has closed its 15th fund at the hard cap of USD 16.5bn after seven months in the market.
China-focused Oceanpine Capital plans to deploy over half of its third US dollar-denominated fund – which it is currently preparing to launch with a target of USD 600m – in green-tech investments.
Australia’s Quadrant Private Equity upsized the debut fund under its new growth-stage strategy to AUD 600m (USD 397m), having originally targeted AUD 300m.
HighLight Capital, a Chinese life sciences investor, has pushed out the final close on its fourth US dollar-denominated fund to the third quarter amid challenging fundraising conditions for the industry.
Singapore’s Exacta Capital Partners, a PE firm affiliated with Mizuho Asia Partners, has received USD 25m from Asian Development Bank (ADB) for its latest fund. The target is USD 350m.
Pudu Tech, a China-based manufacturer of service robots, has raised a fourth tranche of Series C funding amounting to several hundred million renminbi (CNY 100m equates to USD 14m) from local investor Yuedu Capital.
Multiples Alternate Asset Management has reached a first close of USD 640m on its fourth India-focused fund as it bids to become one of the relatively few local managers to raise USD 1bn.
Quadrant Private Equity is looking to raise AUD 300m (USD 201m) for a growth fund that will take minority equity stakes in companies across Australia and New Zealand.
Australian private equity firm Glow Capital Partners has reached a first close of AUD 55m (USD 37m) on its debut fund. The target is AUD 300m.
Indian middle market private equity firm Paragon Partners has closed its second fund on INR 7bn (USD 85.7m). It raised USD 120m in the previous vintage.
Swiss impact investor ResponsAbility has set the hard cap for its second South and Southeast Asia-focused sustainable food fund at USD 450m, having fully deployed Fund I across five investments.