It has become increasingly costly for private equity firms to access borrower-friendly US financing for leveraged buyouts in Asia. The US markets are fickle and volatile, but Asian banks are also stepping up
Trifecta Capital, the venture debt firm set up former Canaan Partners Managing Director Rahul Khanna, has secured a INR500 million ($8 million) anchor investment from RBL Bank for its debut fund, and set a new target of INR4 billion.
There is money to be made providing debt-based solutions to growing Indonesian companies that struggle to get financing from other sources. But enter uninformed or unprotected at your peril
DBS Bank has launched a venture debt program to support Singapore start-ups, presenting a capital-raising channel that involves little or no dilution of equity.
Led by SVB India, venture debt providers are beginning to take root in India. Can this nascent asset class replicated its success in developed markets and become a viable option for domestic start-ups?
Global buyout deal flow reached $332 billion in 2014, the highest annual total in seven years according to Preqin, in part thanks to cheap credit in the US. However, John Connaughton, managing director at Bain Capital, argues that the market has yet to...
Singapore's Temasek Holdings has agreed to acquire the India venture debt unit of NASDAQ-listed financial services company SVB Financial Group for INR2.8 billion ($45 million).
When KKR set up its first India-based non-banking financial company (NBFC) in 2009 to provide structured credit solutions to entrepreneurs, it was funded off the firm's own balance sheet. A few years on, it was reported that third-party investors were...
Investors see great potential in Asia’s private debt markets, but some GPs and LPs’ attitudes towards downside protection and enforceability keep them out of emerging markets
The rise of peer-to-peer lending businesses in China is good for small companies that can't get bank financing and VC firms looking to ride the next wave. But concerns remain over regulation and reliability
Canaan Partners Managing Director Rahul Khanna is to launch a INR3 billion ($49 million) debt fund aimed at supporting early-stage and established technology ventures in India.
KKR has agreed to invest INR10 billion ($164 million) in ailing Indian infrastructure conglomerate GMR Holdings (GMR), the parent of GMR Infrastructure (GIL), via a structured credit facility.
Sequoia Capital and Asian billionaire Li Ka-Shing's TOM Group have invested $14 million in WeLab, the start-up behind peer-to-peer (P2P) lending platform WeLend.hk, in a Series A round of funding .
CTBC Financial Holdings - formerly Chinatrust Financial Holdings - has received regulatory approval to buy Tokyo Star Bank from US private equity firm Lone Star and other creditors-turned-shareholders.
Standard Chartered Principal Finance has provided a $50 million debt financing package for OM Holdings (OMH), an Australian Securities Exchange-listed mining company, and several of its affiliates.
With bumper LBOs few and far between, banks see limited opportunities for leveraged finance in Indonesia. And in the prevailing economic climate, they aren’t generous at acquisition or operating company level
The low-hanging fruit created by the post-global financial crisis troubles of highly-leveraged Australian companies has mostly been picked. Distress investors are looking in smaller and less obvious places
KKR has agreed to provide $100 million in long-term financing to Avantha Group in order to help the Indian conglomerate pay down debt and continue investing in its businesses. The capital will come from KKR India Financial Services, the private equity...
Indian banks will be allowed to support leveraged buyouts of distressed companies by “specialized entities” according to plans released by the Reserve Bank of India. Under a liberalized regulatory regime for asset sales, sector-specific private equity...
Sompo Japan Insurance has agreed to acquire Canopius Group, a UK insurer which is 84%-owned by London-headquartered private equity firm Bregal Capital.
Once regarded warily by banks due to the lack of security in providing offshore financing against onshore assets, Asia buyouts that rely on offshore holdco structures are increasingly sought after.
Australian surfwear company Billabong had accepted a refinancing plan from Oaktree Capital Management and Centerbridge Partners, walking away from a previous deal with a consortium led by Altamont Capital Partners and replacing top management.
KKR India Financial Services, the global private equity firm's non-banking financial company (NBFC), has reportedly raised $100 million from The Teacher Retirement System of Texas.
Oaktree Capital Management has reportedly raised more than $700 million for its first emerging markets distressed debt fund.