Industry
Q&A: Gaw Capital Partners' Christina Gaw
Hong Kong-based real estate investor Gaw Capital Partners has leveraged its knowledge and networks to expand into technology and education. Christina Gaw, a managing principal, explains how
Vietnam middle market: Room for maneuver
There is a perceived sweet spot in Vietnam where check sizes are too big for local GPs and too small for pan-regionals. Taking advantage means addressing structural nuances and strategic competition
Vietnam SOEs: Diverted divestments
Murky accounting and politics have rapidly decelerated the privatization of Vietnam’s government-owned companies in recent years. Private equity is biding its time and testing creative inroads
AVCJ daily bulletin returns May 20
AVCJ’s daily bulletin will not be published on May 19 due to a public holiday in Hong Kong.
China distress specialist DCL targets $466m fundraise
DCL Investments, one of China’s first private equity firms to focus on distressed assets, is looking to raise RMB3 billion ($466 million) for its latest renminbi-denominated fund.
SoftBank increases commitment to second Vision Fund
SoftBank Group has increased its commitment to Vision Fund 2 from $10 billion to $30 billion after a revival in the fortunes of Vision Fund 1 meant the company returned to profit over the past 12 months.
James Murdoch launches Asia-focused SPAC
James Murdoch, son of media tycoon Rupert Murdoch, has launched a special purpose acquisition company (SPAC) that will pursue deals in Southeast and South Asia, with a particular focus on India.
LG Chem to anchor IMM's Korea battery fund
IMM Private Equity’s recently established credit unit has launched a KRW400 billion ($353 million) Korea-focused fund that will invest in components for electric vehicle (EV) batteries and other environmentally friendly industrial materials.
DFIs help Nepal impact fund to $40m first close
Development finance institutions (DFIs) featured prominently in a $40 million first close for the second impact fund from Nepal-focused Dolma Fund Management. The target is $75 million.
Portfolio: CDH Investments & China Grand Pharma
The contribution CDH Investments has made to China Grand Pharma belies the size of its equity interest in the company. M&A, at home and overseas, has been central to the growth strategy
Japan's Infinity Ventures joins global alliance
Japan’s Infinity Ventures has teamed up with US and Europe-based E.ventures as well as its Brazilian affiliate Redpoint Eventures to form a global VC under the name Headline.
China's MSA Capital backs Saudi B2B start-up
China’s MSA Capital has joined a $30.5 million round for Saudi Arabian B2B services marketplace Sary as part of a deepening Asia-Middle East agenda.
Yale's David Swensen dies aged 67
David Swensen, head of the Yale University endowment who pioneered a new approach to institutional investment management, has died aged 67 following a long battle with cancer.
Blackstone appoints leadership for Asia PE business
The Blackstone Group has moved Amit Dixit and Ed Huang into leadership positions in its Asia private equity business as part of a round of promotions within the division globally.
CBC Group founder backs healthcare-focused SPAC
Wei Fu, the founder and CEO of Asia-focused healthcare investor CBC Group, has launched a special purpose acquisition company (SPAC) to pursue deals in the sector.
GP profile: Samena Capital
Conservative yet contrarian, Samena Capital has carved its own path prioritizing patience, trust, and transparency. A younger generation of leadership is guiding entry into a new digital landscape
Fund focus: Main Sequence differentiates by going deep
Australia’s Main Sequence Ventures, a government-established VC, has raised 100% of its second fund with outside capital. It credits much of the success to the high barriers of hard science
Ince seeks $450 million for second China VC fund
Ince Capital is preparing to launch its second China venture capital fund with a target of $450 million, less than 18 months after closing its debut vehicle.
Buhuo Ventures completes renminbi fund restructuring
China’s Buhuo Ventures has closed its first US dollar-denominated fund at $100 million, following a GP-led cross-currency restructuring of a renminbi vehicle.
Japan's JGC, Global Brain launch $46m VC fund
Japanese engineering conglomerate JGC Group has teamed up with local VC Global Brain to establish a JPY5 billion ($46 million) fund targeting industrial sector technology start-ups.
OCIO Partners Capital recruits Asia co-head
Global outsourced investment office (OCIO) Partners Capital has appointed Emmanuel Pitsilis, formerly a senior partner at McKinsey & Company, as managing director and co-head of Asia Pacific.
Australia's Main Sequence closes Fund II at $194m
Main Sequence Ventures, a specialist deep tech investor established by Australia’s national science agency, CSIRO, has closed its second fund with A$250 million ($194 million) in commitments.
Asia credit fundraising: Middle muddle
Various structural tailwinds are driving the development of Asia’s middle-market private credit space. This doesn’t necessarily make it any easier to raise funds for the strategy
Q&A: B Capital's Raj Ganguly
In the past few months, B Capital Group has closed a late-stage fund, entered China, and moved forward with a seed-stage vehicle. Co-founder Raj Ganguly explains the firm’s thinking