China venture capital-focused fund-of-funds Unicorn Capital Partners raises $250 million with an eye on an increasingly challenging but rewarding early-stage technology space
Cathay Capital Private Equity has reached a first close of EUR600 million ($702 million) for its latest middle-market Sino-European fund. The target is EUR1.2 billion.
Singapore’s Golden Equator Capital and Korea Investment Partners (KIP) have jointly launched a S$120 million ($88 million) Southeast Asia technology fund focused on start-ups and small to medium-sized enterprises (SME).
Alternatives investment officers from US institutions should involve their senior leadership teams in site visits to Asia if they want to push ahead with emerging markets investment programs, LPs told the AVCJ USA Forum.
SRI Capital has launched its debut fund, targeting innovative technology start-ups in the US and India, with a target of $100 million.
Longzhu Capital, a venture capital firm established by Chinese online-to-offline (O2O) services platform Meituan-Dianping, has closed its debut fund at RMB2 billion ($300 million).
Flipkart sets the tone as strategics deliver tech trade sale exits; Chinese internet players and healthcare are the trendsetters in investment; buyouts, venture stand out in Asia fundraising
With nearly every Southeast Asia-focused GP set to spend some part of 2018 on the fundraising trail, LPs must once again deliberate on the optimal fund size, strategy, and geographic coverage for the region
The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed a partnership with Philippines-based Altus Capital to invest up to $272.5 million in distressed assets in Southeast Asia.
Long Hill Capital, a Chinese venture capital firm that spun out from New Enterprise Associates (NEA) in 2016, has raised $252.2 million for its second VC fund.
Ganesh Ventures, a Chinese investor focused on India, has reached a first close of $30 million for a VC fund targeting $250 million.
China-focused venture capital fund-of-funds Unicorn Capital Partners has closed its second fund at the hard cap of $250 million.
Denham Capital, a resources and energy-focused GP, has closed its first global mining fund at $558 million. The vehicle is intended to grow the firm's portfolio in Australia, Canada, South America and Africa.
The Indian government has committed INR2 billion ($29 million) to four domestic investment funds as part of its support for the entrepreneurial sector.
Lightspeed Venture Partners has closed its second India-focused fund at $175 million for investments in early-stage consumer and enterprise technology start-ups.
Creador has scheduled a first close of $430 million on its fourth Southeast Asia and India-focused fund and set the hard cap at $550 million.
Sunway, a Malaysian conglomerate with operations in real estate and construction, has launched a venture capital fund with a view to raising $50 million.
Pantheon has opened an office in Tokyo, having won separate account mandates from the likes of Japan’s Government Pension Investment Fund (GPIF).
C-Bridge Capital has reached a first close of just over $400 million on its third healthcare fund, which focuses on Chinese pharmaceutical, medical technology and healthcare services companies with proven products and technologies.
Hong Kong asset manager Value Partners has launched its first PE program in mainland China with a locally focused education sector fund in partnership with university and technical college operator China Education Group.
Teams spinning out from US endowments are competing in an increasingly competitive market for outsourced investment mandates from institutions. Scale and differentiation are the key selling points
HQ Capital has joined Yuanju Capital, an affiliate of China Everbright’s asset management arm Everbright Financial Holding, to launch a wealth management platform aimed at the Chinese market.
Telstra Ventures, the corporate VC arm of Australian telecom giant Telstra, has teamed up with Hong Kong’s HarbourVest Partners to create a fund focused on technology companies across Asia Pacific and the US.
Chris Lerner, a partner and head of Asia at placement agent Eaton Partners, discusses why LPs are allocating more capital to private equity in the region and who are the biggest beneficiaries