Funds
Australian private equity: Behind the numbers
Judging by current data, one might think that Australian private equity has seen the best of times become the not-quite-so-good times.
Sequoia, SIG, Walden investee Le Gaga files for NASDAQ IPO
Le Gaga Holdings Ltd., a Chinese greenhouse vegetable growing company headquartered in Hong Kong, has filed for an IPO on NASDAQ, seeking to raise some $100 million.
Lone Star may invite MBK into KEB
Lone Star Funds may be in discussion with MBK Partners to sell a 25% stake in its investee Korea Exchange Bank, as Australia and New Zealand Banking Group (ANZ) continues due diligence on Lone Star's 51.02% stake in the business, according to reports....
Placement agents in a new place?
Placement, usually a discreet and unsung link in the private equity value chain, has been thrust reluctantly into the limelight recently, following legal action in the US against a series of self-styled placement professionals, and increased tension along...
Sequoia India invested $16 million in biopharmaceutical play Celon Labs
Sequoia Capital India has invested INR70 crore ($16 million) in Celon Labs, a Hyderabad-based biopharmaceutical company with established brands in oncology, critical care and gynaecology.
Khosla to reuse SKS IPO profits in poverty fund for India, developing markets
Vinod Khosla, veteran VC with Kleiner Perkins Caufield & Byers and his own Khosla Ventures, is planning to use some of his $117 million personal gains from the July NSE IPO of SKS Microfinance in a new VC fund to support businesses focused on poverty...
Brightrust PE Japan plans to debut fund of funds
Brightrust PE Japan Co., a Tokyo-based private equity firm, is planning to raise as much as JPY20 billion ($241.8 million) for its debut fund of funds, which will focus on investing in buyout opportunities with a special interest in the small-to-mid-cap...
Singapore's National Research Foundation plans startup fund
The National Research Foundation (NRI) of Singapore is to put S$50 million ($38.1 million) into a startup funding scheme to attract experienced entrepreneurial talent to the city-state and support locally-established startup companies, according to NRF...
Nexus, Nokia, Fidelity, Cisco invest India's Netmagic
Nokia Growth Partners and Cisco Systems have led existing investors Nexus Venture Partners and Fidelity International into an INR70 crore ($15.7 million) investment round for Netmagic Solutions, an IT hosting services provider.
Gulf hospitality still lures private equity as Colony eyes MENA
Colony Capital chairman and chief executive Thomas J Barrack has said that his firm will look for investments in the hospitality and consumer sectors throughout the Gulf over the next five years.
Speed bumps ahead for Asian private equity returns
Asia Pacific has had a very good GFC – almost too good.
What drives your private equity returns?
International investors may face something of a context shift when they look to enter Asia and actually derive returns from the region.
Korea's National Pension Service seeks Asia Pacific real estate with Pramerica
Korea’s $259 billion SWF the National Pension Service has said that it will seek to invest at least $400 million in Asian and Australian real estate assets through Pramerica Real Estate Investors, an investment arm of Prudential Financial Inc.
Fortress moves Levinson to Singapore for Asia push
Fortress Investment Group is transferring co-CIO of its global macro funds Adam Levinson to Singapore to lead a new office of around 10 personnel, which will build out the firm’s Asia presence.
KPCB raises RMB600 million so far for China fund
Silicon Valley VC firm Kleiner Perkins Caufield & Byers (KPCB) is raising an RMB-denominated fund to invest in Chinese companies, and has already raised RMB600 million ($89.4 million), according to reports.
Japan's Tonchidot com gets $12 million from local, global VCs
Tonchidot Corporation., a privately-held provider of mobile augmented-reality platforms in Japan, has raised $12 million in Series B funding from local and global venture capital firms.
Oak Investment Partners sets up shop in Mumbai
US-based VC firm Oak Investment Partners has opened an office in Mumbai - its first outside the US - intended to manage India-specific growth-capital investments out of its 13th fund, worth $770 million.
Industry Q&A: Bruno Raschle
Bruno E. Raschle, Executive Chairman at Zurich-based fund of funds Adveq Management, talks about Asia-focused trends among GPs, LPs and regulators, and what this implies for the future of the asset class in the region.
CalPERS PE data highlights MOR Asia
The California Public Employees Retirement System (CalPERS) has customarily acted as a bellwether for, and key influencer of, institutional support for private equity.
Russian roulette for PRC investing
The most populous country in the world, China, has been made out to be something of a promised land for private equity.
Which way for Asian private equity?
The release of CalPERS's latest fund performance results comes at an interesting time.
Carlyle's Marumo moves to Lazard
Masato Marumo, formerly an MD with Carlyle Group, who left the firm's Japan office earlier this year, has now joined Lazard Ltd. in Tokyo as an MD, where he will work closely with Yasu Hatakeyama, President and CEO of Lazard Frères Japan.
Khazanah forms clean energy investment JV with Camco
Khazanah Nasional, Malaysian's SWF, has announced a JV agreement with emission reductions and clean energy developer Camco International Ltd. (Camco), to invest into the clean energy and emissions sector in Southeast Asia.
NPS to invest in US real estate
South Korea’s National Pension Service has announced plans to allocate $300 million to investments in US property, with a focus on secondary buyouts of stakes in stressed private equity real estate funds.