Funds
CCBI Healthcare Fund makes two investments
CCB International, the investment arm of China Construction Bank, has made two investments in the medical sector, including an RMB150 million ($36.9 million) capital injection into Luyan, a medical company in Fujian, and an RMB100 million ($14.7 million)...
Norwest leads $7.2 million fundraising round for Perfint Healthcare
Norwest Venture Partners has led a $7.2 million Series B fundraising round for Indian medical equipment developer Perfint Healthcare Pvt Ltd. with Perfint’s existing investors Accel Partners and IDG Ventures also participating in the financing.
Fortress gets debt entry to daVinci
Fortress Investment Group, the distressed debt and real estate investment firm, has made a $232 million investment into Japanese real estate firm daVinci Holdings, by acquiring a loan originally made by BNP Paribas.
ICICI Venture's Entertainment World to launch $96 million IPO - reports
ICICI Venture-backed real estate firm Entertainment World Developers Ltd (EWDL) reportedly looks to raise INR4.5 billion rupees ($96 million) in an IPO.
Money Matters to raise up to $160.5 million for infrastructure fund
Money Matters Financial Services, a Mumbai-based advisory and investment banking firm, reportedly aims to raise as much as INR750 crore ($160.5 million) for an infrastructure fund, for which it has already pledged INR20 crore ($4.3 million).
Composition staffs up in HK, Amsterdam
Composition Capital Partners, an Amsterdam and Hong Kong-based investment management firm focusing on private equity real estate funds-of-funds, has engaged Lionel Low as VP in its Hong Kong office, as well as Morag Beers and Maarten Vermeulen as Directors...
Temasek explains, may expand SeaTown role
As part of the release of its annual report, Singapore SWF Temasek Holdings has publicized further details of its new semi-autonomous investment arm SeaTown Holdings, reported as registered in February this year, and may expand the S$4 billion ($2.9 billion)...
Industry Q&A: Glenn Hubbard
AVCJ spoke to Glenn Hubbard, Dean of the Columbia Business School and former Chairman of the Council of Economic Advisers to George W. Bush, about current US attitudes toward private equity investment in Asia.
China stakes its claim
PRC dominates as fundraising and IPOs boom in 1H2010
Starwood regains Rajagopal for India as Rao leaves
Starwood Capital Group, the real estate-focused private equity firm led by Barry Sternlicht, founder of Starwood Hotels and Resorts, has announced the re-engagement of Sundaram V. Rajagopal, a former VP with the firm, as MD for India and Southeast Asia.
IFC, FE Clean invest Bhilwara Energy
The International Finance Corporation (IFC) and Indian private equity firm FE Clean Energy have jointly invested $50 million 50:50 into Noida-headquartered Bhilwara Energy Ltd., a hydroelectric power and manufacturing group, for a 10.8% stake.
Blackstone to take over BofA real estate portfolio in Asia
US private equity firm the Blackstone Group will pick up opportunities in Asian real estate deals by taking over management of a portfolio of regional real estate investments from Bank of America Merrill Lynch, according to reports.
DCM invests Yesmylife
Leading Menlo Park-headquartered VC firm Doll Capital Management (DCM) has revealed that it led a $10 million Series B investment round in Shanghai-headquartered MOS Holdings, Ltd., also known as Yesmylife and Yesmynet.
CDH Venture invests $10 million in Chinese English TV channel
CDH Venture Partners, the Chinese VC firm linked to CDH Investments, has invested over $10 million in Blue Ocean Network (BON TV), China's first private English-language television channel targeting overseas audiences.
Global Venture Capital and DIT Partners back Piku Media
Piku Media KK, operator of Japan's first daily discounts and special deals website, Piku.jp, raised an additional JPY650 million ($7.3 million) from local and offshore institutional investors, including Tokyo-based Global Venture Capital Inc., DIT Partners...
IDG VC, JAFCO, WI Harper invest PRC WAP provider 3g.cn
Wireless Application Protocol (WAP) portal 3g.cn has raised more than $10 million in its third round of financing from VC firms including China Broadband Capital Partners (CBC), IDG VC Partners, JAFCO Asia, and WI Harper Group.
CCB backs PRC’s first aviation fund
In partnership with China Aviation Industry Corp., China Construction Bank (CCB) has formally established the country’s first ever aviation-focused industry fund, the AVIC Fund of China.
IDFC collects from Khazanah, Actis
Indian infrastructure finance leader Infrastructure Development Finance Co. (IDFC) is to raise INR840 crore ($179 million) through an institutional placement of convertible preference shares to current investor Malaysian SWF Khazanah Nasional and UK private...
Milestone Religare on track for $200 million raise
Milestone Religare Investment Advisors, the private equity JV between local fund house Milestone Capital and financial services group Religare Enterprises, is on track to launch its $200 million India Build-Out Fund II, with discussions already commenced...
Citi-backed Camelot prepares for IPO
Camelot Information Systems Inc., a Citigroup Venture Capital-backed provider of business solutions and IT services in China, looks to raise $159.6 million in its NYSE IPO via the sale of at least 13.3. million American depositary shares (ADS).
NZ Super fuels SMEs via Waterman
Private equity firm Waterman Capital, which is raising a new NZ$75 million ($53 million) fund to invest in Kiwi small businesses with a NAV of between NZ$10-50 million ($7-35 million), has been buoyed by New Zealand Superannuation Fund’s plans to inject...
Infinity launches RMB fund for Chengdu
Tel Aviv-headquartered Infinity I-China Fund has launched the latest in its series of RMB-denominated fund partnerships with PRC cities, an RMB200 million ($29.5 million) vehicle floated with the city of Chengdu in Sichuan.
IFC, SN Power team on fund for Vietnam renewable energy
The World Bank’s private sector arm International Finance Corporation (IFC) and Norwegian investor SN Power have jointly launched a fund focused on renewable energy initiatives in Vietnam.
Singapore's Asia Media launches $500 million China-focused fund
Singapore-based Asia Media & Technology Capital Management Pte Ltd. (AMTC) has teamed with Beijing-based China Information Broadcast Network (CIBN) to launch a $500 million fund targeting media and digital investments in China.