Vertex Ventures, a VC arm of Singapore’s Temasek Holdings, has received commitments of $180 million from Japanese investors for a fund-of-funds that will support its global portfolio of VC vehicles.
Private markets investors in Asia have outperformed their developed markets peers in four out of the last six years in terms of IRR, with the once substantial gap in median distributions also narrowing, according to analysis by Hamilton Lane.
China-focused private equity firm Centurium Capital is back in the market looking to raise $2.5 billion for its second US dollar-denominated fund, barely six months after reaching a final close on its first.
Apis Partners has closed its second emerging markets-focused financial services and technology fund at the revised hard cap of $563 million. The initial target was $400 million.
Apollo Global Management has appointed Tetsuji Okamoto, previously of Bain Capital, as head of Japan to lead the buildout of its private equity business in the country.
Private equity’s increasing politicization globally and its expanding role in economies across Asia has put pressure on industry networking associations to do more in terms of public engagement
Chung Ho Park, a member of KKR’s private equity team and co-head of the firm’s Korea business, has been promoted to partner level. A further seven Asia-based professionals, across different strategies, were named managing directors.
Canada Pension Plan Investment Board (CPPIB) has agreed to invest up to $600 million in NIIF Master Fund, a rupee-denominated infrastructure vehicle anchored by the Indian government.
Circulate Capital, a Singapore-based investor dedicated to stemming plastic waste pollution in South and Southeast Asia, has reached a first close of $106 million for an ocean protection fund.
US-based logistics and supply chain investor Prologis has established a $1.7 billion China fund as part of a broader country expansion.
Driven by distress and strategic rationale, Indian corporates are more willing to sell off attractive assets. Private equity investors must figure out what might be available before it comes on the market
Global economic and political themes are exerting an almost invisible undertow on LP participation in the secondaries market. The boom in Asia will be touched but not redirected
The Asian Infrastructure Investment Bank (AIIB) and Clifford Capital, a Singaporean infrastructure investor, have jointly launched an approximately $2 billion debt platform.
Accel Partners has closed its fifth early-stage India venture capital fund with $550 million in commitments.
GLP, a private equity-owned warehouse operator based in Singapore, has set up a China logistics fund at RMB15 billion ($2.1 billion).
IFC has proposed to invest up to $30 million in the latest fund from Vietnam-based private equity firm Mekong Capital.
China’s Loyal Valley Capital has closed its second US dollar-denominated fund at $465 million. The target was $400 million with a hard cap of $440 million.
The greater availability of control deals in India is creating opportunities for leveraged lenders as they become more comfortable with the complexities of onshore-offshore capital movements
FEBE Ventures, a Vietnam-based early-stage investor set up earlier this year, has launched a $25 million for targeting local and cross-border technology start-ups.
Japanese private equity firm J-Star has closed its fourth middle-market fund at the hard cap of JPY48.5 billion ($433 million), up from JPY32.5 billion in the previous vintage.
The Australian government has launched a A$540 million ($365 million) growth fund to support small and medium-sized enterprises (SMEs), with commitments coming from the country's largest banks.
India and Singapore-based Everstone Group has named Alok Oberoi (pictured), a former executive at Goldman Sachs, as executive chairman, effective from 2020.
Increased deal flow towards the top end of India’s private equity market is stretching the capacity of mid-tier local managers. What are the implications for co-investment and fund size?
Indian investors are savoring a rapid proliferation in billion-dollar technology start-ups, but as the unicorn heap gets bigger, an almost unrecognizable economy will pose new challenges