Industry
Temasek commits $400m to India's NIIF
Temasek Holdings has agreed to invest up to $400 million in India’s National Investment Infrastructure Fund (NIIF).
SPACs: Beneficiaries of the bull run
Special purpose acquisition companies, or SPACs, are staging a modest comeback in Asia on the back of a resurgence in the US. These structures offer considerable upside, but they aren’t for everyone
Deal focus: Värde wants a piece of India's $200b problem
Värde is tackling what it sees as a massive opportunity set in the Indian distress market by partnering up with local investor Aditya Birla Capital
I Squared raises $7b for global infrastructure fund
I Squared Capital, an infrastructure-focused private equity firm, has closed its second global fund at the hard cap of $7 billion.
TPG Growth names India, Southeast Asia head
Shailesh Rao (pictured), a former executive at Twitter and Google, has been named head of India and Southeast Asia for TPG Growth, the middle market investment platform of TPG Capital.
Australia's NAB commits $36m to VC fund
National Australia Bank (NAB), has committed an additional A$50 million ($36 million) to its venture capital unit for investments in financial technology companies through 2020.
LP interview: Asian Infrastructure Investment Bank
Asian Infrastructure Investment Bank has moved fast to forge a name for itself as a champion of often ignored developing markets. As private sector activity ramps up, long-term plans are coming into focus
True North's Nirula joins Carlyle Asia PE team
Vikram Nirula, a co-founder of Indian PE firm True North, has joined The Carlyle Group as a managing director responsible for private equity. He will be based in Mumbai and advise on Carlyle’s investment activities in India.
KKR strengthens Japan private equity team
KKR has hired Kazuyuki Kido, who previously spent 20 years at SMBC Nikko Securities and Nikko Principal Investments, as a managing director in its Tokyo-based team.
Venture debt: The loan rangers
Venture debt providers are confident that the asset class is set for growth in Asia, though momentum is slow in most markets. Lenders must adapt their strategies to meet local needs if they are to be successful
Korea buyouts: Local edge
Private equity firms must double down on local networking, due diligence, and value-add capacity as competition for deals intensifies in the Korean buyout market
Myanmar's Anthem reaches first close on SME fund
Myanmar private equity firm Anthem Asia has reached a first close of $34.5 million on its debut fund, which will invest locally in small to medium-sized enterprises (SME).
Korea tender offers: Bidding on winners
Tender offers have long been overlooked in South Korea’s PE toolbox, where their traditional use in privatization deals seems to have little value. Local GPs may be able to adapt them to the market’s needs
Aditya Birla, Värde launch India distressed asset JV
Aditya Birla Capital (ABCL), the financial services arm of the Aditya Birla Group, and Värde Partners will launch a joint venture to pursue investments in stressed and distressed assets in India.
New Zealand's Genesis launches $20m PE fund
New Zealand’s Genesis Private Equity has launched its second fund focused on local small to medium-sized companies with a target of NZ$30 million ($20 million).
Sequoia raises $2.5b for China funds
Sequoia Capital has closed its latest China funds with $2.5 billion in commitments across growth, venture, and seed strategies.
Korea macro: Tempered tiger
Korea’s economic momentum has simmered down as demographic, political and industrial evolutions suggest a structural decline. Investors are monitoring the transition with a conditional sense of optimism
Korean IPOs: The public eye
A growing number of South Korean buyout firms are testing the waters for domestic IPOs. Continued regulatory hurdles mean that realizing value will require planning for the post-offer period
Q&A: Top Tier Capital Partners' David York
David York, a managing partner at venture capital-focused fund-of-funds Top Tier Capital Partners, assesses the motivations behind the flood of capital into the US late-stage technology space
Korean project funds: Lines of sight
The prevalence of project funds in Korea is routinely linked to local institutional investors’ innate discomfort with blind pool vehicles. But is this dynamic holding back middle market managers?
Crescent raises $586m for sixth Australia, New Zealand fund
Crescent Capital Partners has closed its sixth Australia and New Zealand mid-market fund at A$800 million ($586 million) after less than three months in the market.
AVCJ Awards 2018 - Nominations have now closed
Nominations for the 2018 AVCJ Private Equity & Venture Capital Awards have now closed. The public voting stage of the process will begin around October 10.
ADIA hires ex-KKR executive to lead India, SE Asia PE
The Abu Dhabi Investment Authority (ADIA) has hired Kabir Mathur, a former member of KKR’s Asia leadership team, to head its private equity investments in India and Southeast Asia.
CPPIB, Goodman commit $1.7b to China logistics partnership
Canada Pension Plan Investment Board (CPPIB) and logistics operator Goodman Group have jointly committed $1.7 billion to an existing logistics partnership in China.