GPs
Carlyle's Rubenstein champions emerging markets
The bloom has faded from the rose in emerging markets in recent years, which means it is an opportune time to invest in these geographies, according to David Rubenstein (pictured), co-founder and co-executive chairman of The Carlyle Group.
L Catterton's Asia team to spin-out, raise growth fund
The bulk of the L Capital Asia team that merged with Catterton in 2016 to form L Catterton, a global consumer-focused private equity firm, is spinning out to raise a $750 million Asia growth fund.
InnoVen raises $200m from Temasek, UOB
InnoVen Capital, a venture debt firm active in India, China, and Southeast Asia, has raised $200 million from its primary shareholders Temasek Holdings and United Overseas Bank (UOB).
TR targets $300m for fourth fund
Hong Kong-based secondaries specialist TR Capital is seeking to raise $300 million for its fourth private equity fund.
Q&A: MassMutual Ventures' Ryan Collins
Ryan Collins, a managing director with MassMutual Ventures, discusses being a financial rather than a strategic investor, the rise of VC in Southeast Asia, and giving entrepreneurs straight answers
Vietnam banking: Where credit is due
Vietnam’s economic future is tied to an attractive but immature and constrained banking sector. Investors are prodding the edges of a precarious opportunity set
Asia's middle market: Lost in space
Growing fund sizes in certain Asian markets are redefining what constitutes a middle-market GP. Are these managers evolving alongside the opportunity set or careering dangerously outside of their sweet spot?
VIG hits $530m first close on fourth Korean fund
VIG Partners has reached a first close of $530 million on its fourth Korea-focused fund, with international investors accounting for more than 60% of commitments received so far.
Lighthouse closes third India fund at $230m
Lighthouse Funds has closed its third India-focused middle-market growth capital vehicle at $230 million.
TA closes global growth fund at $8.5b hard cap
Global growth equity investor TA Associates has reached a first and final close on its latest fund – TA XIII – at the hard cap of $8.5 billion.
Kyobo Life: The mother of all puts
Put options amount to threats seldom acted upon. By demanding that the chairman of Korea’s third-largest life insurer buy back their shares, a group of investors has taken Asian PE into uncharted territory
CDIB Capital appoints Asia healthcare head
CDIB Capital has named Robert Liu as a managing director and co-head of its regional healthcare practice group in Shanghai.
Proventeus targets $150m for Southeast Asia fund
Proventeus Capital, a private equity firm established by a team that spun out from the Malaysia branch of Kuwait Finance House, is looking to raise $150 million for a Southeast Asia mid-market buyout fund.
Investcorp: Into Asia
Investcorp entered the region last year through a fund commitment in China and the acquisition of an alternative investment platform in India. The firm’s top executives explain the rationale
Eight Roads appoints Southeast Asia head
Eight Roads Ventures, the proprietary investment arm of Fidelity International, has named Dave Ng as its head of Southeast Asia based in Singapore.
Tikehau Capital opens Tokyo office
Tikehau Capital, a France-based asset manager with EUR2.8 billion ($3.1 billion) in private equity assets under management, is expanding its Asia footprint with an office in Tokyo.
C-Bridge closes third healthcare fund at $850m
C-Bridge Capital has closed its third healthcare fund - which covers Asia but is most active in China - at $850 million, after increasing the hard cap. It is the largest dedicated healthcare vehicle raised for deployment in Asia by an independent private...
GP profile: IMM Private Equity
As one of oldest GPs in South Korea, IMM Private Equity has helped to show both domestic and global investors that the PE community can bring major benefits to the country’s corporate sector
Fund focus: Old heads, new firm
Just over two years after its founders spun out from KKR, DCP Capital has raised China’s joint-largest first-time fund on record. The firm sees opportunities emerging in a changing commercial environment
Jungle reaches $175m first close on SE Asia VC fund
Singapore-based VC investor Jungle Ventures has reached a first close of $175 million on its third Southeast Asia-focused fund. The vehicle has an overall target of $220 million.
Singapore's Golden Equator gets $18m strategic investment
Singapore-based investor Golden Equator has received a S$24.6 million ($18 million) strategic investment from a group of high net worth individuals and sovereign wealth funds.
Panacea closes debut China healthcare fund at $180m
Panacea Venture, a Chinese GP founded by KPCB alumnus James Huang that specializes in early-stage healthcare investments, has closed its debut fund at approximately $180 million.
Q&A: Creador's Stefanus Hadiwidjaja
Stefanus Hadiwidjaja, an Indonesia-based managing director with Southeast Asia private equity firm Creador, discusses deal sourcing, entrepreneur engagement, and cross-border expansion strategies
DCP closes debut China fund at $2.5b
DCP Capital – a PE firm established by David Liu (pictured) and Julian Wolhardt, who previously held leadership positions with KKR in China – has closed its debut fund with around $2.5 billion in commitments. It comprises a US dollar-denominated tranche...