Investments
Transition time
China has now completed the second smooth leadership transition in its modern history, with Xi Jinping assuming the role of president - he had already been named to the arguably more important posts of chairman of the Central Military Commission and general...
Motilal Oswal invests $6.5m in Magicrete
Motilal Oswal Private Equity has invested INR350 million ($6.5 million) in Magicrete Building Solutions, India's second largest manufacturer of Autoclave Aerated Concrete (AAC) Blocks.
India's Saama Capital invests in AgreeYa
Saama Capital has invested in AgreeYa Mobility, an enterprise-mobility company, to aid the development of its flagship product. Details of the transaction were not disclosed.
Standard Chartered invests in China's Aiyingdao department store
Standard Chartered Private Equity (SCPE) has invested in China's Aiyingdao Children's Department Store. Details of the transaction were not disclosed.
AVCJ at 25: Lewis Rutherfurd of Inter-Asia Venture Management
Lewis Rutherfurd, co-founder of Inter-Asia Venture Management, has been active in the industry for 40 years. During that time he brought McDonald’s and Ikea to Hong Kong – and set up Asian Venture Capital Journal
Indonesia mid-market: It’s who you know
Although not overrun with GPs, Indonesia’s mid-market is difficult to penetrate. Access to local networks through which deals can be sourced is a good first step. After that, it’s entrepreneur management
Eredene to exit India's Ocean Sparkle
Indian infrastructure investor Eredene Capital will exit its stake in Ocean Sparkle (OSL), a Hyderabad-based port operations company, and has appointed local investment bank MAPE to handle the sale.
Cerberus to boost stake in Japan's Seibu
Cerberus Capital Management wants to raise its stake in Japanese railways and property group Seibu Holdings by around 4% as the company plans to re-list.
India's Future Generali Life Insurance sells 22.5% stake to IITL
Industrial Investment Trust (IITL) will acquire a 22.5% stake in the life insurance unit of India's Pantaloon Retail, Future Generali India Life Insurance (FGLI).
Australasian mid-market sees strong deal flow – AVCJ Forum
Private equity investors see considerable upside in Australia and New Zealand’s lower and mid-market despite fewer large deals than before the global financial crisis. This usually involves taking cash-strapped family-run businesses and improving processes...
WestBridge renews commitment to Pathlabs
WestBridge Capital'S involvement with India's Dr. Lal Pathlabs goes back to 2005, when the private equity firm invested around $10 million through its debut vehicle, WestBridge Venture Fund I.
Australia webinar: Consistency matters
Australia's private equity industry has seen robust deal flow in recent years and LPs remain committed to the asset class, albeit to a fewer number of GPs. Industry participants expect this to continue
Pragnya invests $10m in India, Sri Lanka property projects
Indian real estate private equity firm Pragnya Advisors has invested $5 million in a residential project in Bangalore and another $5 million in an office space development in Colombo, Sri Lanka.
IREIFS allocates $500m for Australasian investments
Global boutique PE firm International Real Estate Investment & Financing Solutions Group (IREIFS) has allocated $500 million to invest in Australia and New Zealand.
AVCJ launches iOS app
Those readers who were around 10 years ago are likely to have stark memories of Severe Acute Respiratory Syndrome, or SARS, the disease that struck fear into Asia's communities and temporarily laid waste to economies. Needless to say, private equity and...
Q&A: CHAMP Private Equity's John Haddock
Australian companies are increasingly open to the prospect of working with a financial investor and seeking growth away from the public spotlight, says John Haddock, managing director at CHAMP Private Equity.
Going walkabout: Australian outbound investment
Taking portfolio companies from Australia into Asia represents a major opportunity for private equity. Pan-regional funds see it as a key part of their strategy, but can domestic players join the party?
Provident increases stake in mining firm Sumatra
Provident Capital Partners has upped its stake in Sumatra Copper & Gold, an Australian-listed mining company operating on the Indonesian island of Sumatra. The investment forms part of A$63 million ($64 million) in debt and equity funding for the company's...
WestBridge, TA commit $44m to India’s Dr Lal Pathlabs
WestBridge Capital and TA Associates have jointly invested $44 million in Dr Lal PathLabs, a diagnostics and pathology services firm headquartered in Gurgoan, India.
Everbright to support Termbray Petro-King's Hong Kong IPO
Everbright Private Equity will participate as a cornerstone investor in Termbray Petro-King Oilfield Services' HK$847.5 million ($109 million) Hong Kong IPO.
Australian GPs see strong investment climate, challenges for exits
Australia’s private equity investment environment is at its strongest in five years but this is tempered by managers facing more challenges selling portfolio companies, according to Anthony Kerwick, managing director at Pacific Equity Partners (PEP).
IREIFS expands SE Asia presence, targets Australasia and India
Paris-based private equity firm IREIFS Partners is to expand its Southeast Asian presence in response to increasing activity in the Asia Pacific region.
Zephyr Peacock, Credence back 20Cube Logistics
Zephyr Peacock India and Singapore-based Credence Partners are to invest $17 million in 20Cube Logistics for a significant minority stake.
Everstone bets on India's logistics space
The fact that Dehli-based Transpole is regarded one of India's largest shipping logistics firms yet still accounts for around 3% of its market speaks volumes for the level of fragmentation in the sector. Everstone Capital is betting on Transpole's potential...