Funds
ING picks up Creed real estate fund in Japan
ING Group's Asian real estate division has taken over Creed Real Estate Partners, a $1.1 billion Japanese office, residential and retail asset investment fund.
Bain's Gome could face fines in Huang trial
Huang Guangyu, the founder and former chairman of Bain Capital investee Gome Electrical Appliances Holdings, has gone on trial in Beijing, charged with illegal business operations, insider trading and bribery.
Intel Capital invests Japan's eflow
Intel Capital has invested an undisclosed amount in eflow Inc., a Japanese developer of embedded middleware and other network applications.
Bery sues JPM over firing, spinout
Varun Bery, former MD and co-founder of TVG Capital Partners, and later co-head of JPMorgan's private equity investment arm in Asia Pacific, is now reportedly suing the bank over $30.8 million alleged lost income, also alleging wrongful dismissal and...
Singapore reviewing private equity fund regs
The Monetary Authority of Singapore, the state's financial regulator and central bank, has announced a formal review of its private equity and hedge fund regulations, amid global trends towards tighter private fund regulation.
JAFCO, Pac-Link invest Synerchip
JAFCO Asia and Pac-Link Capital have co-led a $10.5 million Series C investment round into Taiwan, Korea and Silicon Valley high-speed digital interface semiconductor company Synerchip Co. Ltd.
HarbourVest recruits Lund for EMEA marketing
HarbourVest Partners has enhanced its initiative to develop new LP clients in MENA and Europe with the hire of Simon Lund as Head of Sales and Marketing for Europe, the Middle East and Africa.
HarbourVest to open Japan office
Leading global fund-of-funds investor HarbourVest Partners will open an office in Tokyo, its first presence in Japan despite a pioneering track record in Japan-focused investing.
Allianz Global Investors moves Loeffler for Asia CIO role
International asset management group Allianz Global Investors has moved Eugen Loeffler to Seoul as Chief Investment Officer for Asia Pacific.
Riverside now open in Melbourne
Following on the commitment made in January 2010 by Stewart Kohl, its co-CEO, mid-market investment firm The Riverside Company has now opened its first Australia office, on Collins Street in Melbourne.
Helion, Nexus join DFJ on PubMatic
Indian VC firms Helion Ventures and Nexus India Capital Advisors have joined Draper Fisher Jurvetson in a $7.5 million Series C round for their existing investee PubMatic, an online ad revenue optimization business based in California.
Subramaniam plans own firm
N. ‘Subbu’ Subramaniam, who resigned as a partner of Baring Private Equity Partners India (BPEP India) in August 2009, is now planning to launch his own private equity firm, according to reports.
Tsing Capital fourth fund mooted
Tsing Capital, the Beijing-headquartered pioneering cleantech and environmental investment firm, is targeting $250 million for a fourth fund, China Environment Fund IV, according to reports.
Walden announces duet of deals
Veteran Asia Pacific VC investor has announced two new deals, one in China, with a Series B financing of Best Logistics Technologies, and one in India, with an expansion round for Quattro BPO Solutions.
Asian fund T&Cs acceptable, finds Squadron
An independent survey by Hong Kong-headquartered private equity fund-of-funds manager Squadron Capital has found that terms and conditions of Asia Pacific private equity funds compare variably against US and European funds in terms of their compliance...
MVCA Awards show Malaysia success
The Malaysian Venture Capital and Private Equity Association (MVCA) Annual Dinner & Awards, supported this year by AVCJ, showcased the best achievements of private equity and venture capital in backing innovative companies throughout Malaysia.
Taizinai puts China risk on show
The deteriorating situation around Hunan Taizinai Group, a PRC dairy company now in provisional liquidation with RMB3 billion ($440 million) in debt, is turning into quite a lesson on the risks of emerging markets investing, particularly in China.
Healthcare: The next China VC horizon?
Although it doesn't always register prominently on the radar, healthcare and related biotech actually accounts for 30% or more of all venture capital investment in the US.
Ashmore partners with PTC on India fund
Ashmore Investment Management, the London-headquartered emerging markets investment manager, has partnered with PTC India, a power trading solutions company, on a private equity fund to be launched later in the year, according to PTC.
Larsen & Toubro plans India infra fund
In the latest fund formation news from a major Indian corporate, Larsen & Toubro Ltd., the Subcontinent's largest engineering firm, has announced plans to form a $300 million fund to invest in the infrastructure sector.
Squadron recruits Shi Xiaoni as Associate
Squadron Capital, the Hong Kong-headquartered independent fund of funds, has announced the recruitment of Shi Xiaoni as an associate.
Fubon plans cross-Straits fund with CDB
Taiwan's Fubon Financial Holding Co. has announced an initiative with the China Development Bank and the provincial government of Fujian to set up an RMB5 billion ($732 million) private equity fund for investing in cross-Straits businesses.
Infinity I-China will expand in China with CDB
Infinity I-China, the Israeli venture capital fund, has signed a memorandum of understanding with China Development Bank to expand the fund's investment activities in Chinese companies through its six RMB-denominated funds, formed in partnership with...
Sunderji quits Guggenheim
Anand Sunderji, hitherto Head of Asset Management and fund-of-funds lead at Guggenheim Capital Management (Asia), has quit his post, and is believed to be planning a venture of his own.