Industry
Taiwan's MediaTek commits $10m to new Walden Riverwood fund
Gaintech, a unit of Taiwanese fabless semiconductor producer MediaTek, has committed $10 million to the latest fund launched by early-stage tech venture capital firm Walden Riverwood Ventures.
Goldman Sachs commits $10m to India's Azure
Goldman Sachs has invested INR650 million ($10 million) in Indian restaurant chain operator Azure Hospitality.
Sovereign's Capital leads Series A for Indonesia's BerryKitchen
Indonesian online catering start-up BerryKitchen has raised a $1.25 million Series A round led by Sovereign's Capital, with participation by existing investor East Ventures.
VC-backed PropertyGuru acquires eProperty Track
Singapore-based online real estate portal PropertyGuru, which recently raised funds from TPG Capital, Emtek Group and Square Peg Capital, has bought sales and marketing platform ePropertyTrack.
Taiwan's Foxconn plans VC fund for Indian start-ups
Taiwanese electronics manufacturer Foxconn Technologies plans to set up an India dedicated venture capital fund and an incubator to support local start-ups.
Shunwei raises $1b for third China VC fund
Shunwei Captial Partners, a Chinese VC firm set up by Lei Jun, the founder of mobile phone brand Xiaomi, has closed its third US dollar-denominated VC fund at $1 billion.
Tiger Global invests $20m in Indian news app News in Shorts
Tiger Global has committed $20 million in Series B funding to Indian news curating and redistribution platform News in Shorts.
China GPs not worried by public markets volatility - AVCJ Forum
China-focused GPs played down the recent slide in the domestic stock markets, urging investors to concentrate on the long-term opportunities presented by continued growth and economic reforms.
KKR raises $3.1b for second global infrastructure fund
KKR has announced the final close of its KKR Global Infrastructure Investors II fund at $3.1 billion. The fund will invest in infrastructure opportunities, with an emphasis on OECD member countries.
Hosen targets $400m for China food and agri fund
China-focused food and agriculture specialist Hosen Capital is looking to raise $400 million for its second US dollar-denominated fund.
Idinvest Partners launches $1b Sino-European fund
Idinvest Partners, a European PE firm that specializes in investments in small- and medium-sized enterprises (SMEs), has launched a EUR1 billion ($1.1 billion) cross-border investment fund to support European SMEs as they expand into Chinese markets....
Deal focus: VCs dine on Korea's MangoPlate
Nothing illustrates South Korea's obsession with food better than a new foodie craze called Mukbang.
China healthcare: The specialists
On the back of reforms and a rising consumer class, China's healthcare sector is expected to see huge growth. Sector specialists have emerged to capitalize on the opportunity. How can they differentiate themselves?
Corporate carve-outs: Slice and dice
A mainstay of private equity in the US and Europe, it is hoped that corporate carve-outs will play a larger role in Asia. Success rests on innovative deal-sourcing and careful management of multiple stakeholders
India IPOs: Best intentions
Should Cafe Coffee Day, the largest player in India's chained café market, succeed in raising INR11.5 billion ($180 million) in its IPO, it would be the largest PE-backed offering on a domestic bourse in close to eight years.
Former Cyberagent Ventures Beijing head forms $30m China fund
Joei Dai, the former general manager of CyberAgent Ventures China in Beijing, has formed a venture capital firm Gravity Venture Capital (GVC) and is looking to raise $30 million to back Chinese start-ups.
Former Emerald Hill exec secures commitments for China fund-of-funds
Unicorn Capital Partners, a new China-focused venture capital fund-of-funds launched by Emerald Hill Capital Partners' former head of North Asia Tommy Yip, has secured initial commitments of $12 million for its maiden fund - Unicorn Partners Fund I.
Blackstone names Liping Zhang as Greater China chairman
Blackstone has appointed Liping Zhang as senior managing director and Greater China chairman. Zhang joins the company from Credit Suisse, where he served as co-CEO of Greater China and vice chairman of global investment banking.
Ex-Telstra Super PE executive turns agribusiness investor
Robert Talevski, previously head of private markets portfolio manager at Telstra Super, has set up an investment firm that will source and execute deals in Australian agribusiness, taking advantage of strong cross-border demand for exposure to the space....
VIDEO: CPPIB's Mark Machin
Canada Pension Plan Investment Board (CPPIB) is one of few North American LPs to set up an office in Asia and Mark Machin, the group's head of international and Asia president, admits it is not for everyone
Korea's KIC targets 50% alternatives allocation
Korea Investment Corporation (KIC), which is expected to surpass $100 billion in assets this year, wants to increase its allocation to alternative assets to 50% from the current level of 8%.
Cathay Capital launches Sino-French innovation fund
Cathay Capital Private Equity has launched a Sino-French Innovation Fund that is looking to invest in start-ups in France, China and the US.
Ascendent closes second China fund at $600m hard cap
Ascendent Capital Partners has reached a first and final close on its second China fund at the hard cap of $600 million. The vehicle has been in the market for around four months, following an official launch in March.
PENM Partners reaches $120m first close on Vietnam fund
Vietnam-focused GP PENM Partners has reached a first close of $120 million on its fourth fund. The vehicle has a full target of approximately $180 million.