500 Global has raised USD 100m for its third Southeast Asia-focused early-stage fund and USD 43m for a vehicle that will target growth-stage start-ups in the region.
CVC Capital Partners has expanded into the infrastructure space with the acquisition of DIF Capital Partners, a Netherlands-headquartered manager with an investment footprint that includes Australia.
Having won early support from as assortment of local conglomerates, Indonesian venture capital firms must now demonstrate their independence when pitching international LPs
India’s 3one4 Capital credits a strong governance policy for rising institutional participation in its latest VC fund. Maintaining a global-local balance in the LP base is becoming crucial
Japan Industrial Partners (JIP), the Japanese private equity firm leading the USD 15bn privatisation of Toshiba, has set the hard cap for its latest fund at JPY 300bn (USD 2bn) and secured a six-month extension to the fundraising period.
Australian middle market private equity firm Anacacia Capital is preparing to launch its fourth fund, telling investors that it expects to surpass the AUD 300m (USD 193m) raised for Fund III but would not exceed AUD 450m.
TH Capital, a private equity firm that originated from China's Tsinghua University and was formerly known as Tsinghua Holdings Capital, has completed a USD 60m first close on its debut US dollar-denominated fund.
Private equity is rediscovering artificial intelligence as a due diligence tool in the wake of ChatGPT. Data security, legal, and technical risks have curbed uptake somewhat, less so for venture
LP allocations to China funds are limited in number and hotly contested. Forebright Capital closed its latest vehicle by emphasising its track record in advanced manufacturing and enterprise software
Few, if any, LPs are so desperate to divest China exposure that they will sell fund positions at any price. The main sticking point for secondary transactions is a disconnect on valuations
Indonesian venture capital firm Venturra has teamed up with Netherlands-based investment group Dasym to institutionalise operations ahead of the launch of its next fund.
The US Securities and Exchange Commission (SEC) has adopted new transparency rules for private equity managers requiring increased reporting, special terms disclosure, and annual fund audits.
China-focused private equity firm Centurium Capital is looking to raise USD 1.5bn for its second US dollar-denominated fund, having originally targeted USD 2.5bn in a stop-start process that began more than three years ago.
Amit Kunal swapped a sovereign wealth fund for an independent shop at a time when fundraising was becoming difficult. Robust early deal flow helped Growtheum Capital Partners to its USD 567m final close
Japanese private equity firm Integral Corporation has been approved to go public on the Tokyo Stock Exchange via an IPO that could raise up to JPY 29.3bn (USD 201m).
Singapore’s Jungle Ventures has ramped up its healthcare investment capacity by combining with local sector specialist HealthXCapital (HXC).
ClearVue Partners (CVP), a China-focused investor in consumer and technology, has announced a final close of USD 50m on its blockchain technology fund - without adding any capital to the first close 12 months ago.
Growtheum Capital Partners, a private equity firm established by the former head of GIC’s direct private equity investment group in Southeast Asia, has closed its debut fund on USD 567m, falling short of the USD 750m target set in early 2022.
CVC Capital Partners has hit the USD 4.45bn mark on its sixth pan-Asian fund, following a first close of USD 3.5bn at the end of last year.
Singapore-based healthcare specialist Quadria Capital has secured a revolving credit facility of up to USD 200m for investments deemed “social projects.”
Malaysia-based early-stage investor Vynn Capital has reached a first close of unspecified size on its second fund, with strong support from corporates and family offices in Southeast Asia.
Side Stage Ventures, an Australian early-stage investor set up last year, has reached a first close of AUD 15m (USD 9.8m) on its debut fund. The target is AUD 30m.
India’s Elev8 Venture Partners has reached a first close of USD 67m on its debut growth-stage venture fund with Korea’s KB Investment as the anchor LP. The target is USD 200m.
Japanese middle market private equity firm Endeavour United has closed its third fund with JPY 53bn (USD 370m) in commitments, a two-thirds increase in size on the previous vintage.