Industry
Korea start-ups: The graduates
Korea’s start-ups are internationalizing and becoming more technically advanced as the ecosystem matures. A rapidly multiplying flock of local VCs will have to do the same to keep up with them
Lok seeks $150m for fourth India fund
Indian venture capital firm Lok Capital is targeting $150 million for its fourth fund, which will invest in growth-stage companies with a potential for positive social impact.
Korea culture plays: Brands apart
Korean pop music is being used as a marketing tool for a long tail of consumers products and services. While investors are keen to leverage star power, they recognize it doesn’t last forever
LGT acquires India impact investor
LGT Group has acquired a majority stake in Indian impact investor Aspada from an investment arm of Open Society Foundations, a George Soros-founded charitable institute.
DSG exceeds target for third India, Southeast Asia fund
DSG Consumer Partners has reached a final close of $65 million on its third fund focused on early-stage consumer opportunities in India and Southeast Asia, beating its hard cap of $60 million.
Korean carve-outs: Network effects
Chaebol carve-outs have historically been elusive for global firms operating in Korea. A growing appreciation of their value-add capabilities could be the catalyst needed to direct more deals their way
AVCJ Awards 2019 - Nominations have closed
Nominations for the 2019 AVCJ Private Equity & Venture Capital Awards is September 26. Many thanks to all who participated. The voting stage will commence within a fortnight.
PE and diversity: Reaching out
Should the private equity industry's efforts to redress its gender balance extend to selling students on the asset class as a fulfilling, long-term career option?
Qiming's J.P. Gan reaches first close on spin-out fund
J.P. Gan (pictured), who spent 12 years with Qiming Venture Partners before striking out on his own earlier this year, has reached a first close of $163 million on his debut China fund.
Fund focus: CITIC Capital eyes divestment opportunity
CITIC Capital has scaled up for its latest China fund, raising 75% more capital than in the previous vintage. The buyout-focused GP expects tighter liquidity to drive more corporate carve-outs
Australia's Future Fund hires TPG executive
Future Fund has appointed Sid Khotkar, who has spent the past 12 years working for TPG Capital in Australia, as a director in its private equity team.
Singapore-based Play closes debut gaming fund at $40m
Play Ventures, a Singapore-based VC firm focused on gaming start-ups in Europe, Asia, and North America, has closed its debut fund at $40 million.
GP profile: Legend Capital
Legend Capital has absorbed lessons from its corporate sponsor to build a diversified investment business across the US dollar and renminbi spaces. It is now trying to take LP relations to a new level
East Ventures closes sixth fund at $75m
East Ventures has closed its sixth fund for early-stage Southeast Asian start-ups at $75 million. It had initially targeted $30 million.
China investment regulation: Context clues
Revisions to China’s negative investment list show the country remains committed to widening access, but consistency in enforcement and clarity around political issues are significant challenges for investors
Vulcan Capital expands into Asia
Vulcan Capital, a US-based venture investor set up by Microsoft co-founder Paul Allen, has opened a Singapore office and earmarked $100 million for investment in Southeast Asia.
Fund focus: Kotak exploits distressed assets edge
Kotak Mahindra Group hopes his longstanding experience in financial services will serve as a differentiator as it looks for deals in India's increasingly popular distressed space
Fund focus: China's 01VC pursues industrial upgrade strategy
01VC has secured institutional LP support for its second fund, which closed at $100 million. The early-stage investor plans to deploy it across industrial and enterprise deals in China and Southeast Asia
SSG targets wider array of distressed sellers for Fund V
SSG Capital Partners expects to source distressed assets from a wider variety of sellers – including other alternative investment firms and investment banks – during the life of its fifth Asia fund, which is on track to exceed its target of $1.5 billion....
Women in PE: Change on the agenda
As the private equity industry continues to formalize its approach to gender diversity, deep cultural changes will define the difference between best intentions and best practice
Kotak closes India distressed asset fund at $1b
The Kotak Special Situations Fund, which is sponsored by an alternative assets arm of Kotak Mahindra Group focused on Indian non-performing loans (NPLs), has reached a final close of $1 billion.
China's 01VC closes second early-stage fund at $100m
China’s 01 Venture Capital (01VC) has closed its second US dollar-denominated fund for early-stage investments with $100 million in commitments.
Women on corporate boards: Finding a voice
Investor pressure and industry lobbying has contributed to a rise in female representation on corporate boards. While quotas work for some, they aren’t necessarily the silver bullet
Former CIC PE head joins China Renaissance
Ou Wang, the former head of private equity for China Investment Corporation (CIC), has joined China Renaissance Holdings as a strategy consultant. He has also joined the board of Huajing Securities, the firm’s mainland China-focused investment banking...