Quadrant Private Equity has agreed to buy a portfolio of candy brands manufactured in New Zealand from Nestle for an undisclosed sum.
Denham Capital, a resources and energy-focused GP, has closed its first global mining fund at $558 million. The vehicle is intended to grow the firm's portfolio in Australia, Canada, South America and Africa.
The Growth Fund, an Australian middle market private equity investor spun out from Archer Capital, has paid an undisclosed sum for a 50% stake in domestic pilot training school Soar Aviation.
VCs continue to shun the field of supercomputing despite new commercial upside related to the rise of artificial intelligence. Asia, however, could offer a relatively competitive launchpad for start-ups in the segment
Telstra Ventures, the corporate VC arm of Australian telecom giant Telstra, has teamed up with Hong Kong’s HarbourVest Partners to create a fund focused on technology companies across Asia Pacific and the US.
Australian financial technology company Airwallex has closed an $80 million Series B funding round with participation from existing investors Tencent Holdings and Sequoia Capital China.
New Zealand Superannuation (NZ Super) has invested an undisclosed sum to take a 27% holding in New Zealand Gourmet, a company that farms and markets a range of fresh produce.
OneVentures co-founder Michelle Deaker leveraged a background of IT innovation to introduce a much-needed dose of entrepreneurialism into the early days of Australia’s venture capital industry
A global commercial property services provider that TPG Capital and PAG Asia Capital created through the merger of Australia’s DTZ with US-based Cassidy Turley and Cushman & Wakefield, has filed for a US IPO.
New Zealand Superannuation (NZ Super) has appointed its CIO Matt Whineray as CEO following a global search process.
Macquarie Capital has exited an 80% holding in Australian wind farm project Lal Lal, with Canada-based Northleaf Capital Partners and UK-based Infrared Capital Partners each taking 40% stakes.
Australian big data start-up Propeller Aero raises $10 million round aimed at developing its aerial data analytics software
Recognizing that strong cash inflows were working against a solely outsourced manager strategy in the alternatives space, Australia’s Cbus picked its key asset classes and devised a direct solution
DDH1, an Australian drilling company backed by Oaktree Capital Management, has acquired 100% of domestic counterpart Strike Drilling as part of a platform-based consolidation plan.
Australian medical device manufacturer Sirtex Medical has accepted a A$1.9 billion ($1.4 billion) buyout offer from China’s CDH Investments, pulling the plug on an earlier agreement with US-listed Varian Medical Systems.
Blackbird Ventures has led a $10 million Series A round for Propeller Aero, a cloud-based analytics technology supplier focused on drone use in heavy civil and resources industries.
Anacacia Capital attracts a record amount from foreign LPs as its third Australia mid-market buyout fund closes at the hard cap of $225 million
Prospa, an Australian financial technology company backed by a number of local VCs, has raised A$146.5 million ($112 million) in a domestic IPO. Trading of the stock has been postponed, however, amid a regulatory review.
The complexity of a private equity firm’s key person clauses – and the number of people they encompass – says much about its institutionalization. The transition is not always easy, for GPs or LPs
Bain Capital Private Equity has acquired Australian child care services provider Little Learning School in a bolt-on to existing portfolio company Only About Children (OAC).
Sino Gas & Energy Holdings, an Australia-listed natural gas developer focused on China, has accepted a A$530 million ($402 million) buyout offer from Lone Star Funds.
Pacific Equity Partners has teamed up with Landis+Gyr to buy Origin Energy's Australia smart meters business. They plan on bankrolling - through fund and co-investment - a nationwide rollout
Private equity interest in wine is set to increase as its role in the China luxury goods thesis comes further into focus. Culture, character, and copycatting will be at the top of investors’ strategic agenda
Australian private equity firm Anacacia Capital has closed its third middle-market fund at the hard cap of A$300 million ($225 million), following an oversubscribed fundraising process.