Investments
Entertainment and media is where it’s at
Just not as glamorous as you thought
Julian Knights of Ironbridge Capital
Managing Director of Ironbridge Capital Management Julian Knights tells AVCJ that Australian private equity firms' focus on "unloved" assets is what makes the industry different from private equity investing in the US and the UK.
Frank Tang of FountainVest
Frank Tang, CEO of China-focused private equity fund FountainVest Partners, talks about the composition of China's private equity market - which is in flux due to shifting government regulations - and addresses key trends he has seen on the mainland.
Peepul Capital invests $11.8 million in Aqua Designs
Peepul Capital Fund II has invested INR55 crore ($11.8 million) in Indian water treatment company Aqua Designs India, funding intended to finance development projects, expansion and future acquisitions.
Helion Venture leads $6 million Komli Media India deal
Helion Venture Partners, Nexus Venture Partners and Draper Fisher Jurvetson India have infused an additional $6 million into digital ad network Komli Media India Pvt. Ltd.
Norwest leads $7.2 million fundraising round for Perfint Healthcare
Norwest Venture Partners has led a $7.2 million Series B fundraising round for Indian medical equipment developer Perfint Healthcare Pvt Ltd. with Perfint’s existing investors Accel Partners and IDG Ventures also participating in the financing.
Kleiner Perkins and Sherpalo continue InMobi investments
Kleiner Perkins Caufield & Byers and Sherpalo Ventures have infused $8 million in mobile ad network InMobi as part of a Series B fundraising round.
Qiming Ventures leads $18 million round of financing for LanzaTech
Qiming Ventures has led an $18 million Series B round of funding for New Zealand clean tech firm LanzaTech, while Softbank China Venture Capital and two of LanzaTech’s existing investors from its Series A round - US-based Khosla Ventures and K1W1 from...
China stakes its claim
PRC dominates as fundraising and IPOs boom in 1H2010
Nexus invests $1.5 million into India's MagicRooms
Nexus Venture Partners has invested INR7 crore ($1.5 million) in Indian hotel room distribution database MagicRooms Solutions.
KIC seeks diversity, targets PE
Chin Young Wook, CEO of the Korea Investment Corporation (KIC), Korea's $30 billion sovereign wealth fund, has said publicly that the SWF will seek greater investment in private equity and real estate, as well as contemplating direct investments through...
Sequoia Capital invests in education-management firm in India
Sequoia Capital India, in tandem with Song Investment Advisors, has injected $15 million into Hyderabad-based K-12 Techno Services Pvt Ltd, an education-management firm owned by Gowtham Educational Institutions, one of the largest private educational...
CHAMP buys ATF Services from Quadrant
In the region's latest secondary buyout - actually a tertiary transaction - Australia's CHAMP Private Equity has purchased ATF Services, a maker of temporary fence and height-safety products, from Sydney-based Quadrant Private Equity for an undisclosed...
Olympus Capital commits $300 million to Tata Power
Olympus Capital Holdings Asia is to buy stakes in Tata Power’s coal special purpose vehicles (SPVs) Bhira Investment Ltd. and Bhivpuri Investment Ltd. for $300 million – capital that will be allocated to fund the Indian power producer’s future acquisitions...
Carlyle invests $190 million in SGX-listed China Fishery
The Carlyle Group is to invest up to $190 million in industrial fishing company China Fishery, taking a 13.6% stake in the SGX-listed company to help it drive expansion and strategic acquisitions or JVs in the fishing industry.
Financial investors in financial services
PE’s past and future in the sector in Asia
Aladdin, investor consortium to buy Pepper Homeloans
A consortium of investors, including private equity firm Aladdin Capital, have bought out Australian mortgage lender and service provider Pepper Homeloans for A$20 million ($17.5 million), a figure that reportedly leaves current owners Merrill Lynch and...
Origo takes 10.5% stake in PRC recycling company
Origo Partners will invest up to $6.65 million to acquire a 10.5% stake in Mainland recycling company Jinan Eco-Energy Technology for $3 million, marking its third investment in the region since launching its $30 million fund focusing on China's mining,...
Singaporean, PRC firms launch RMB media fund
Sky Films Capital, a Singapore-based PE firm, and China-focused SND Ventures Group have co-launched a RMB1 billion ($147 million) fund to finance PRC businesses related to the media, digital, film and television industry.
SAIF increases stake in One97
SAIF Partners has taken an additional 10% stake in Indian mobile-services firm One97 Communications ahead of its IPO, bringing its full investment in the company to around $20 million for a 41% stake, according to reports.
ICICI exits Metropolis Healthcare after Warburg Pincus investment
ICICI Venture is to fully divest from India’s Metropolis Healthcare Ltd., following Warburg Pincus’s move to inject $85 million into the laboratories chain.
TPG to invest Vishal Retail to slash debt, raise funds
TPG Capital is set to link with Indian superstore chain owner Vishal Retail in an anticipated move aiming to raise funds to slash Vishal’s accrued IND7.35-billion ($158.7 million) debt.
DCM invests $4 million into PapayaMobile
VC firm DCM has given Beijing- and Silicon Valley-based mobile social networking and gaming firm PapayaMobile $4 million in funding, to grow the service’s user base and the company’s management team.
Greylock, Battery invest $8.75 million in India's Taggle Internet Ventures
Bangalore-based Taggle Internet Ventures has received $8.75 million in joint funding from tech-focused Silicon Valley VC firms Greylock Partners and Battery Ventures, in an effort to heighten its tech and marketing initiatives as well as increase its...