A91 Partners closes its debut fund at $351 million with a plan to explore the untapped depths of the Indian business sector. Consumer, financial services, healthcare, and technology are top of mind
With $850 million in dry powder to deploy from its second US dollar-denominate fund, China’s Genesis Capital is targeting Series C and D rounds for start-ups on the cusp of greatness
Slow progress in the effort to improve Southeast Asia’s multilateral economic cooperation reveals deep rooted challenges for investors, including cultural and regulatory barriers
Chinese early-stage investor Plum Ventures has closed its fifth angel fund with RMB532.5 million ($77.4 million) in commitments, taking its total assets under management to RMB3 billion.
Provident Capital, a Southeast Asia-focused private equity firm that is primarily active in Indonesia, is looking to raise $250 million for its second fund.
Second quarter analysis: Spin-outs reflect challenges for China fundraising; weak buyout activity continues to hold back Asia PE investment; Korea heads the exit charts as China falls back
A91 Partners, an Indian venture capital firm founded by three former managing directors at Sequoia Capital, has closed its debut fund at $351 million.
TVS Capital Funds, a PE firm sponsored by the TVS Group and Shriram Group, has reached a second close of INR11 billion ($160 million) on its third India growth vehicle.
Fundraising has accelerated in Southeast Asia’s venture capital space in recent years, but the ecosystem remains fragile. Expansion will be difficult until GPs can prove the viability of the market to LPs
New Zealand has opened a NZ$300 million ($199 million) government-backed venture capital scheme to applications from domestic and international private fund managers.
Truly understanding a GP involves digging beneath the track record and presentations into the human dynamics that can make - or break - a team
LionRock Capital, an Asian PE firm that counts Italian football club Inter Milan among its previous investments, has launched a sports-focused fund with retailer Li Ning participating as an anchor LP.
Sony has joined Daiwa Capital Holdings, a subsidiary of Japan’s Daiwa Securities Group, for a JPY20 billion ($186 million) VC fund targeting start-ups in high growth industries.
Centurium Capital, a private equity firm established by ex-Warburg Pincus China head David Li (pictured), has closed its debut US dollar-denominated fund at just over $2 billion after about 15 months in the market.
Singapore’s Golden Equator has punctuated a spate of fundraising activity with confirmation it will launch a $200 million mezzanine and private debt fund for growth-stage companies in Southeast Asia.
Genesis Capital, a Chinese GP established by Richard Peng, who previously led investments for Tencent Holdings, has closed its second US dollar-denominated fund at the hard cap of $850 million.
Japanese electronics giant TDK Corporation has established a venture capital unit with the launch of a $50 million fund that will focus on early-stage start-ups.
Sequoia Capital is deepening its focus on early-stage start-ups in India with a new seed fund that will invest separately from its existing vehicles.
Evidence is mounting that US and Chinese ecosystems for advanced technologies are careening toward an antagonistic decoupling. Investors are philosophical and pragmatic
Clean Energy Finance Corporation (CEFC), a renewables-focused investor backed by the Australian government, has agreed to commit up to A$100 million ($70 million) to a new fund.
HSBC has closed a $250 million private equity fund that will make primary, secondary and direct co-investments across multiple geographies, sectors and strategies.
Vijay Shekhar Sharma, the founder of Indian online payments platform Paytm, has joined the INR2 billion ($29 million) debut fund of Indian venture capital firm Roots Ventures as an anchor investor.
Warburg Pincus has closed its latest China companion fund – which officially includes Southeast Asia for this vintage – at the hard cap of $4.25 billion.
Australian GP Archer Capital has revived its plans to raise a sixth fund and set a target of A$300 million ($208 million), more than a year after halting the process amid the planned departure of Peter Wiggs, the firm’s founding partner and CEO.