The Longreach Group is looking to raise USD 800m for its fourth fund, which will continue the firm’s existing strategy of mid-market control deals in North Asia with an emphasis on Japan.
North Asia-focused buyout firm MBK Partners has set a target of USD 7bn for its sixth flagship fund, according to three sources familiar with the situation.
Australia’s Five V Capital, which is active across growth, buyouts, and venture, has launched a New Zealand office and confirmed three hires for the country team.
Chul-joo Lee is retiring from Affinity Equity Partners at the end of August. He will become the second managing partner to leave the pan-regional buyout firm in the past 12 months.
China-focused 5Y Capital has set a target of USD 700m for its latest venture capital fund – in line with what the manager raised in the previous vintage.
CVC Capital Partners has recruited Nikhil Gahrotra, an India-based partner at Apollo Global Management, to its private equity team.
UCK Partners, a South Korean private equity firm formerly known as Unison Capital Korea, has accumulated approximately KRW 1trn (USD 777m) across two incremental closes on its third fund.
Proterra Asia has been investing in food and agriculture across the region for 13 years. This will continue, regardless of tweaks in management entity ownership and fund structure
An outdoorsman with a passion for mountaineering and a background in sustainable forestry, Chad Ovel found a good fit in Mekong Capital’s strategy targeting the frontier of Vietnam’s consumer markets
Mark Chiba, group chairman of North Asia-focused The Longreach Group, on deal flow in Japan’s middle market, pursuing platform acquisitions, the rise of digitalisation, and the complexities of take-privates
Australia's Pacific Equity Partners (PEP) has raised a single-asset continuation fund of approximately AUD 400m (USD 268m) for Up Education, a vocational education business it has held since 2015.
Eurazeo shattered the target for its second smart city fund thanks to an agenda that dovetails with LP interest in decarbonisation. Nine Asian LPs backed the fund and 35% of the corpus will be deployed in the region
Linc Liu, founding partner and chairman of SparkEdge Capital, a sector specialist formerly known as Ori-mind Capital, discusses new energy investment opportunities in China
Maps Capital, a private equity investment arm of Mirae Asset Financial Group, has launched its second US dollar-denominated fund with a target of USD 200m.
An arbitration proceeding has been initiated in Singapore regarding a dispute between Glenwood Private Equity and BPEA EQT over the failed sale of Korea-based industrial films producer PI Advanced Materials.
Jeffrey Perlman, who leads Southeast Asia at Warburg Pincus as well as Asia Pacific real estate, will become the firm’s global president in a move described as succession planning.
Formed through a spinout from KPCB, CCV claims to distinguish itself through a collaborative culture and a disciplined approach to portfolio construction, valuations, and landing scenarios
Next Capital claims to have relatively free rein in Australia’s underpenetrated lower middle market. Dedication to the opportunity set underpinned a painless fundraising process for its latest vehicle
Sujoy Bose has left India’s National Investment & Infrastructure Fund (NIIF), having served as CEO of the organisation since its inception in 2016.
Crescent Point Capital, a China and Southeast Asia-focused private equity firm with around USD 3.8bn in assets under management (AUM), has agreed to a 100% acquisition by Ares Management.
India’s CapFort Ventures, an early-stage VC firm set up this year by investors at local incubator Venture Catalysts, has launched its debut fund with a target of USD 24m.
Singapore-based accelerator and VC investor Antler is opening an office in Kuala Lumpur as it becomes the latest GP to join Khazanah Nasional’s Future Malaysia Programme.
Australia’s Next Capital has closed its fifth lower middle market buyout fund with AUD 375m (USD 251m) in commitments, beating a target of AUD 350m.
Chinese Premier Li Qiang has signed off on new regulations aimed at facilitating private equity investment and guiding it into policy-aligned areas like semiconductors and biotech.