GPs
Fund focus: A91 scouts overlooked VC opportunities
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
Investors challenged by governance in SE Asia – AVCJ Forum
Implementing institutional-class governance practices at portfolio companies remains a significant hurdle for Southeast Asia-focused buyout firms, industry participants told the AVCJ Singapore Forum.
Fund focus: Genesis targets China's tech inflection points
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
Portfolio company boards: Gurus wanted
Filling board seats for portfolio companies is more art than science in both private equity and venture capital. Investors must approach the challenge with flexible playbooks
Asia-based Ilfryn Carstairs to become co-CEO of Värde
Ilfryn Carstairs (pictured), Singapore-based CIO of global alternative investor Värde Partners, has been named CEO. He will share the role with George Hicks, the incumbent and co-founder of the firm.
China's Centurium names Michael Chen as partner
China’s Centurium Capital has appointed Michael Chen (pictured), formerly an investor with Warburg Pincus, as a partner and managing director.
Culture is key to a sustainable spin-out - AVCJ Forum
Making a private equity spin-out work is as much about cultivating a transparent culture within the team as identifying an underserved market segment, industry participants told the AVCJ USA Forum.
Q&A: Jupiter Impact Partners' Melissa Kang
Melissa Kang helped raise Morgan Stanley’s first global impact fund before striking out on her own with Jupiter Impact Partners. She explains why Southeast Asia should prove fertile ground for the strategy
Southeast Asia buyouts: Flexibility first
Southeast Asia has yet to deliver a consistent stream of large-cap buyout deals. Private equity investors must be creative, flexible and patient in trying to crack the market
Southeast Asia exits: Greener pastures
Southeast Asia’s internal growth and rising appeal among global investors in recent years have fed expectations that PE and VC exits will follow. The logic is sturdy but detailed projections are elusive
India's A91 closes debut fund at $351m
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 reaches $160m second close on India growth fund
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.
Southeast Asia VC: Waiting for the breakout
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 opens $200m VC scheme to private managers
New Zealand has opened a NZ$300 million ($199 million) government-backed venture capital scheme to applications from domestic and international private fund managers.
Fund manager due diligence: Culture club
Truly understanding a GP involves digging beneath the track record and presentations into the human dynamics that can make - or break - a team
Sony partners Japan's Daiwa for $186m VC fund
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 closes China fund at $2b
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.
Genesis nets $850m for second China tech growth fund
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.
Japan's TDK sets up VC arm, $50m fund
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 launches India seed fund
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.
Q&A: Gaja Capital's Gopal Jain
Gopal Jain, co-founder and managing partner at Gaja Capital, discusses the growing appetite among US institutional investors for Indian private equity and the country’s attraction for US strategic players
Oman's Jabreen Capital buys stake in EastBridge
Oman-based private equity firm Jabreen Capital is expanding into Southeast Asia with the acquisition of a stake of undisclosed size in the Singapore division of Korean counterpart EastBridge Partners.
China-US trade: Suboptimal outcomes
The China-US trade war appears set to enter new territory as legislators contemplate financial sector clampdowns including stock exchange listing restrictions. Investors are bracing for the worst
HSBC closes $250m global PE 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.
