Stonebridge Ventures, a Korean venture capital firm with more than KRW700 billion ($595 million) in assets under management, has filed to list on KOSDAQ.
Yunqi Partners, an early-stage investment firm focused on enterprise software and services in China, has raised $300 million for its third US dollar-denominated fund.
Joe Bae, who was responsible for establishing KKR’s Asian operation, has been named co-CEO of the firm as co-founders Henry Kravis and George Roberts complete the handover to the next generation.
Chinese venture capital firm Source Code Capital has raised RMB7 billion ($1.1 billion) for its fifth renminbi-denominated fund after approximately three months in the market.
Huaxing Growth Capital, a new economy-focused private equity division of China Renaissance, has reached the first close on its fourth US dollar-denominated fund of $550 million.
Alteria Capital has closed its second India venture debt fund at INR18 billion ($241 million), beating a target of INR15 billion. All the money was raised by video call.
UK development finance institution CDC Group has provided an anchor commitment of undisclosed size to a Pakistan VC fund targeting $20 million from Gobi Ventures and local conglomerate Fatima Group.
Ajay Relan, one of the pioneers of private equity in India, has died at the age of 67.
EQT has hired Tetsuro Onitsuka, formerly of Japan Post Investment Corporation (JPIC) and TPG Capital, as head of Japan private equity as it continues to build out a local presence in the country.
As Australia contemplates opening its tightly controlled borders and finding a way to live with COVID-19, private equity probes an opportunity set in transition yet surprisingly stable
Having spent the first half of the last decade undergoing a renewal in terms of leadership and strategy, Australia’s Advent Partners believes it has emerged stronger, smarter, and more focused on the future
Patrick Boocock, a managing partner at Brookfield Asset Management who led the firm’s investment and asset management activities in Asia, has moved to newly listed CapitaLand Investments (CLI).
The value creation-driven PE playbook on ESG in Asia converts marginal gains into big picture policy wins – provided investors focus on the right areas and the flow of information isn’t stymied
The International Finance Corporation (IFC) has proposed a commitment of up to $25 million in the sophomore fund of India’s A91 Partners, which has a target of $500-550 million.
500 Startups has closed its largest-ever global fund at $140 million, while simultaneously rebranding as 500 Global and expanding its strategy to include later-stage deals.
Drawing on his experiences as a top executive at Alibaba Group, David Wei fashioned Vision Knight Capital into a China-focused private equity firm that aims to be both consultant and capital provider
Having found its sweet spot bridging the middle markets of Asia and Europe, AGIC Capital plans to stay there – although Fund II will move earlier to capture technology hardware post-commercialization
GP-LP reporting in the age of remote portfolio assessments and stilted video catchups leaves much to be desired. Both sides are trying to bridge the divide, but no best-practice approach has emerged
The swelling bank balances of Australia’s high net worth individuals and family offices are an attractive target for private equity. Access is becoming increasingly formalized across the spectrum
Chinese early-stage tech investor Future Capital has broadened its scope with the closing of its first growth fund at $108 million.
Baring Private Equity Asia expects 10% of its eighth pan-regional fund to be deployed in growth-stage investments, underlining how Asia’s traditional large-cap buyout funds are increasing their focus on minority deals in high-growth sectors like technology.
A private equity consortium's right to enforce a put option against the chairman of Korea's Kyobo Life Insurance has been upheld following arbitration, though the ruling stopped short of endorsing a price for the transaction.
CLSA Capital Partners has closed its second Asia-focused private debt fund – and a parallel co-investment vehicle – with $500 million in commitments.
Intudo Ventures has closed its third VC fund focused exclusively on Indonesia at $115 million after less than three months in the market.