Funds
TPG wins Firm of the Year, Bonderman receives Lifetime Achievement honor at 2010 AVCJ Awards
At the 10th AVCJ Asian Private Equity & Venture Capital Awards, presented this evening in an exclusive invitation-only ceremony in Hong Kong, a strong lineup was honored in a total of nine categories, with TPG Capital walking away with three Awards.
Temasek makes Gazillion investment for online Lego MMO
Temasek Holdings is leading a $60 million investment round into Gazillion Entertainment, a leading US developer and publisher of massively multiplayer online (MMO) games including LEGO Universe and Marvel Universe.
3i announces $182 million GVK Energy investment
3i Group has announced a $182 million investment from its 3i India Infrastructure Fund as leader in a total RS1200 crore ($260 million) funding round for GVK Energy Ltd., a subsidiary of leading Indian infrastructure developer GVK Power and Infrastructure...
Infinity makes latest push in Tianjin with life science fund, accelerator
In its latest move, Infinity Group, the Israel-originated PRC-focused investor, has announced a new life sciences fund and business accelerator platform in Tianjin, collectively accounting for RMB220 million ($33 million).
Valley's 500 Startups VC firm invests Japan's Exchange Corp. money-lending service
Japan's Exchange Corporation K.K., known as ExCo, has received an investment from 500 Startups, a Silicon Valley-based venture capital fund, for an undisclosed amount.
DCM, Sequoia invest Chinese online retailer Vipshop
Venture capital firms DCM and Sequoia Capital have backed Beijing-based online retailer Vipshop, investing a total of $20 million in the company's first round of financing.
Partners Capital to open in Hong Kong
Partners Capital, which describes itself as a private investment office serving endowments, foundations, HNW individuals and investment professionals across asset classes, is opening an office in Hong Kong, the company confirmed to AVCJ.
Canada's Cordiant Capital to raise $1 billion for infrastructure
Canadian emerging markets PE, debt and infrastructure investment firm Cordiant Capital is set to raise $1 billion for a new infrastructure fund in developing markets worldwide, according to reports.
CDC may resume direct investment strategy
UK development investor CDC has confirmed to AVCJ that it may resume direct investment and co-investment strategies alongside its current private equity fund of funds approaches, following comments by UK Secretary of State for International Development...
Ong leaves SEASAF for CIMB Investment Bank
Adrian Ong, most recently Head of the Islamic Infrastructure Fund for the advisor of the CIMB Group/Standard Bank JV, the South East Asian Strategic Assets Fund (SEASAF), has left the firm and joined CIMB Investment Bank as Head of Regional Mergers and...
GIC, US, Oz realty funds plan to buy Centro's assets: reports
New York-based private equity real estate investment firm NRDC Equity Partners has joined forces with Australian real estate investor Lend Lease and the Government of Singapore Investment Corporation (GIC) to bid for trust assets held by Centro Properties,...
Entropy closes first cleantech fund
Entropy Ventures, a Hong Kong-headquartered cleantech investment firm, has closed its first fund, the Amadeus Asian Clean Energy Fund, at $56.8 million, the firm confirmed to AVCJ.
Bellevue latest buy for Lazard Carnegie Wylie Oz pub fund
The Bellevue Hotel, a landmark old-style pub in Sydney's Paddington eastern suburb, in business since the 1880s, has become the latest investment for the A$100 million ($91 million) Lazard Carnegie Wylie Private Equity Distressed Fund, according to Australian...
Partners Group provides mezz financing for PEP's Collins Foods
Partners Group has provided mezzanine debt financing for Collins Foods Group, the largest Kentucky Fried Chicken (KFC) franchisee in Australia and invested by Pacific Equity Partners (PEP), for an undisclosed amount.
Helion, Accel invest $2.8 million in Indian fashion site Exclusively.In
Accel Partners India and Helion Venture Partners have jointly invested $2.8 million into Indian membership-only fashion, jewelry, home decor and travel web destination Exclusively.In, in the company's first institutional and angel round of funding, according...
Hopu principals retiring, diverging: reports
Despite the firm's earlier denials to AVCJ, Hopu Investment Management may in fact be in the process of spinning out its present investments and looks to be on track to dissolve its current vehicle as founders Fang Fenglei and Richard Ong pursue separate...
Mezzanine Q&A: Joseph W. Ferrigno III
The Managing Partner at AMCG Investors talks about mezzanine after the crisis, new opportunities for deal flow, and why LPs should be looking to the asset class as a means of diversification.
Debt and restructuring offer new definitions of an old favorite
Media-transmission satellites, anhydrous industrial alcohol, thenardite mineral rock, Australian pubs and Vietnamese casinos are all among the reasons why industry insiders insist that there is very little to be worried about for Asia Pacific distressed...
The changing face of venture
With the US back on the radar as the market of choice for the best and brightest in TMT, where do Asian companies fit into the picture, and how are VC funds finding them early enough to make a profit?
India’s all-inclusive infrastructure rollout
Huge infrastructure development schemes have been underway across most of Asia’s developing economies for some years now, especially in India and China.
Returns, the second time around
The Asian secondary buyouts market is finding its feet, and investors their appetite, but true potential for value-add is still case specific
China winning out?
China may be leading the way - for global recovery and for Asian PE - but is it all blue skies?
Asian funds: arithmetic or geometry?
With Asia growing in size, scale and industry importance, what do the funds of the future look like?
Mandhana appointed as IDFC PE Managing Partner
IDFC has announced the appointment of Satish Mandhana, formerly Managing Director with IDFC Private Equity, as Managing Partner and head of the firm, succeeding Luis Miranda, who will now step down to be non-executive chairman of IDFC PE.