Regions
PE-backed Shenzhen Scholar files for Hong Kong IPO
Shenzhen Scholar Education, a Chinese after-school tutoring business backed by CRE Alliance, has filed for an IPO in Hong Kong.
LP interview: PennSERS
Bryan Lewis, CIO of Pennsylvania State Employees’ Retirement System, discusses accessing Asia, approaches to co-investment, and paring a bloated PE portfolio into a smaller set of strategic relationships
Fund focus: Sizing up selectively
ChrysCapital Partners has increased its fund size and its commitment to operations in response to a maturation of the Indian market characterized by bigger deals and more opportunities to drive change
Apax invests $200m in India, US-based Fractal Analytics
Apax Partners has agreed to pay $200 million for a significant minority stake in India and US-based data analytics provider Fractal Analytics.
SoftBank Vision Fund to invest in India's Delhivery
SoftBank Vision Fund is planning to purchase a stake of up to 38% in Indian e-commerce logistics services provider Delhivery.
China’s GaiaWorks raises $44.4m in Series C
China-based GaiaWorks, an HR-focused software-as-a-service (SaaS) provider, has raised RMB300 million ($44.4 million) in a Series C round of funding led by Tiger Global Management.
GPs eye carve-outs from Chinese SOEs
Private equity investors expect divestments of domestic and overseas businesses by Chinese state-owned enterprises (SOEs) to become more prevalent as result of the government's sweeping efforts to reduce corporate debt levels, the Hong Kong Venture Capital...
China early-stage investment round-up
Venture capital deals involving DCM, Sinovation Ventures, Langsheng Investment, United Capital, Shenzhen Capital, Capital Fortune Investment, Tiantu Capital, IDG Capital, Shunwei Capital, and Sky9 Capital
Aberdeen Standard backs insurtech specialist Singapore Life
Aberdeen Standard Investments has committed $13 million to financial technology start-up Singapore Life, taking the company’s total capital raised to date to $97 million.
Verlinvest leads $25m Series C for India's Drums Food
Verlinvest has led a INR1.8 billion ($25 million) Series C investment in India’s Drums Food International, best known for the Epigamia yogurt brand.
Baring Asia, Onex to list Clarivate through reverse merger
Baring Private Equity Asia will list Clarivate Analytics – an education business it acquired from Thomson Reuters in conjunction with Onex Corporation – through a merger with a special purpose investment vehicle that trades in New York.
Bain buys India, US-based IT solutions player Brillio
Bain Capital Private Equity has agreed to acquire a majority stake in US and India-based enterprise technology services company Brillio at an undisclosed price.
American Express buys Japan's Pocket Concierge
American Express has acquired Pocket Concierge, a Japanese digital services provider for the restaurant industry backed by several domestic venture capital firms.
Fund focus: Matrix doubles down on India
Matrix Partners India closed its third fund in speedy fashion despite ongoing woes about consistency in the country’s venture environment. Patience regarding comparisons with China has been critical
India NBFCs: Stemming the flow
India’s NBFC sector has pulled through its recent liquidity issues, but questions remain about the weaknesses that led to the crisis. Investors remain confident but must learn from the experience
Australia's BGH wins board approval for Navitas deal
BGH Capital is close to announcing its first deal after a revised offer of A$2.1 billion ($1.5 billion) for Australian education services provider Navitas won backing from the company’s board.
Testing China: Openings in a downturn?
With the health of China's economy deteriorating, private equity investors have every reason to expect to see plenty of opportunities to deploy capital in 2019
Singapore to help tech start-up IPOs
The Monetary Authority of Singapore (MAS) has created a program that will encourage technology start-ups to list in the territory.
Tencent-backed Weimob surges 14% on Hong Kong debut
Weimob, a Shanghai-based provider of marketing and cloud services to online merchants that is backed by Tencent Holdings and several private equity firms, has surged 14% on its first day of trading on the Hong Kong Stock Exchange.
Carlyle makes six promotions in Asia
The Carlyle Group has promoted Ling Yang, a managing director in the firm’s Shanghai office, to partner. Yang is one of 60 senior promotions announced by Carlyle worldwide, including six in the Asia buyout team.
Belt Road leads $7m round for Vietnam's LeFlair
Belt Road Capital Management, a Cambodia-based private equity firm focused on Southeast Asia, has led a $7 million investment in Vietnamese e-commerce player LeFlair.
Japan's Mitsui backs $100m VC fund in Israel
Japan’s Mitsui & Co has invested in Israel-based Magenta Venture Partners’ debut fund, which is targeting $100 million and to date backed entirely by Japanese corporates.
Fund focus: Lightspeed ends 2018 with a flourish
Lightspeed China Partners took just three months to raise $560 million for its fourth US dollar fund, which includes a $200 million sidecar for follow-on investments
