500 Startups has closed its Vietnam-focused early-stage VC fund at $14 million, beating a target of $10 million.
PAG Asia Capital has announced that its third pan-regional fund has closed at the hard cap of $6 billion – confirming an AVCJ report from last week.
Industrial & Commercial Bank of China (ICBC) has launched a $200 million fund to invest in Indian start-ups and micro, small, and medium-sized enterprises (MSMEs).
SparkLabs Group, a pan-Asian network of accelerators and global venture funds, has launched a $10 million fund in Taiwan and appointed NBA star Jeremy Lin (pictured) as an advisor.
Institutional investors remain committed to Asia even though distributions from funds targeting the region can be slower to come than those in the US and Western Europe, the AVCJ Forum heard.
Many private equity firms in Asia have been approached about selling a GP stake, whether it is to facilitate succession or in return for supporting a fundraise. Responses to such propositions are mixed
Yup S. Kim, a senior portfolio manager for private equity and special opportunities, at Alaska Permanent Fund Corporation (APFC) discusses co-investment, accessing Asia, and allocating to permanent capital structures
GPs have built strong ties with corporate Japan by demonstrating value-add capabilities. These networks should serve them well as the market becomes more active
PAG Asia Capital is set to make a first and final close on its third pan-regional fund on November 15 at the hard cap of $6 billion. The vehicle has been in the market for approximately six months, having set an initial target of $4.5 billion.
Bain Capital completed a hattrick of wins at the 2018 AVCJ Private Equity & Venture Capital Awards, securing the prizes for firm of the year, deal of the year, and exit of the year – each one in the large-cap category. Quadrant Private Equity was named...
The Malaysian government will allocate MYR2 billion ($478 million) to a co-investment scheme that will match investments made in the country by private equity and venture capital funds.
Clara Chan, CIO for private markets at the Hong Kong Monetary Authority, discusses ever-larger pan-Asian funds, approaches to co-investment, addressing economic volatility, and the evolving GP-LP relationship
China-focused venture capital firm H Capital, founded by former Tiger Global managing partner Xiaohong Chen, is targeting $700 million for its fifth vehicle, according to a regulatory filing.
China’s Linear Venture has closed its third fund with a renminbi-denominated vehicle of RMB500 million ($72 million) and a US dollar-denominated vehicle of $70 million.
US-based Massachusetts Mutual Life Insurance Company (MassMutual) has established a $50 million Southeast Asia-focused VC fund via its in-house financial technology investment unit.
Joy Capital, a Chinese VC firm that spun out from Legend Capital, has launched a domestic opportunity fund with a target of $300 million.
Fenox Venture Capital, a VC firm based in Silicon Valley, has partnered with Japanese entertainment company Sega Sammy Holdings to launch a $20 million fund to invest in advanced technologies globally.
Shunwei Captial Partners, a Chinese VC firm established by Xiaomi founder Lei Jun (pictured), has closed its fourth US dollar-denominated VC fund at $1.21 billion. The firm’s assets under management (AUM) now stand at $3.3 billion across four US dollar...
Hillhouse Capital and VMG Partners, a US-based PE firm focused on the consumer sector, have formed a strategic partnership to invest up to $100 million in innovative consumer brands worldwide.
Korea’s Hyundai Motor and Yield Capital, an investment unit of Beijing-Tsinghua Industrial R&D Institute, have launched a $100 million VC fund focused on hydrogen energy.
Applying technology to traditional industries is likely to feature prominently in GGV Capital's latest China-US fund, which has closed at $1.88 billion
China has proposed easing restrictions on insurers investing in private equity, which may help alleviate a significant slowdown in renminbi fundraising.
South Korea-based BonAngels Venture Partners has raised $50 million for its third early-stage fund.
Australia-listed Acorn Capital has raised A$55 million ($39 million) for its first venture capital fund that will make Series B and expansion-stage investments.