North America
China PE in the US: From theory to practice
Chinese private equity firms’ growing interest in US acquisitions has yet to translate into meaningful deal flow. These relatively new arrivals need time to familiarize themselves with a competitive market
Singtel's Amobee acquires VC-backed Adconion, Kontera
Amobee, the mobile ad company owned by Singapore telecoms giant SingTel, has acquired two VC-backed digital ad firms: Adconion and Kontera, for $235 million and $150 million, respectively.
US regulation: Shot across the bow
Private equity has been put on notice by the US regulators - an alarming notion, yet one that was sufficiently well signposted that GPs could see it coming. How keenly will the rumblings be felt in Asia?
Former Mitsui VCs launch $150m biopharma fund
Two former venture investors from Japanese trading company Mitsui & Co are looking to raise $150 million for a new fund focusing on the biopharmaceutical sector.
GIC, Insight buy US software firm, Warburg Pincus exits
Singapore sovereign wealth fund GIC Private has joined Insight Venture Partners in its $752 million purchase of iParadigms, a US maker of anti-plagiarism software, from Warburg Pincus.
Former Sony CEO Nobuyuki Idei joins Fenox
Former Sony CEO Nobuyuki Idei has joined Silicon Valley-based VC firm Fenox Venture Capital as a board advisor.
LP interview: Canada Pension Plan Investment Board
Canadian Pension Plan Investment Board has established a sizeable presence in Asia and is making ever larger commitments to GPs in the region. But Mark Machin, the fund’s Asia president, says it is still early days
Canada's CPPIB doubles Asia private equity exposure
Canada Pension Plan Investment Board’s (CPPIB) exposure to Asian private equity more than doubled to $5.2 billion for the year ended March 2014, as total assets under management jumped to a record high of C$219.1 billion.
Small still beautiful for Riverside
The story of private equity in Asia is largely one of rising fund sizes and ever larger equity checks. The Riverside Company plans on staying small - a segment it has occupied globally for over 25 years. The mid-market buyout player sees a huge opportunity...
Century Bridge invests $60m in China residential developments
Sino-US real estate investor Century Bridge Capital has committed $60 million to two joint venture developments in China.
VIDEO: Jessica Archibald of Top Tier Capital Partners
From Facebook’s acquisition of WhatsApp to Google’s purchase of Nest Labs, large US technology companies are increasingly using the ample cash on their balance sheets for M&A. Jessica Archibald, managing director at Top Tier Capital Partners, this trend...
NVP raises $1.2b for global VC fund
Norwest Venture Partners (NVP) has reached a final close of $1.2 billion on its latest fund, which will make early to late stage venture and growth investments out of the US and via subsidiaries in India and Israel.
Wearable technology: Heart on your sleeve
Wearables promise to be the next disruptive technology, redefining our daily lives. Are venture capitalists right to be excited and are they getting excited about the right things?
GGV reaches $622m final close on Fund V - Update
GGV has confirmed the final close of its fifth Sino-US venture capital fund. The firm said it had raised $620 million, although regulatory filings indicate the final total is $621.9 million.
TransLink leads $7.1m round to support Kamcord's Asia growth
TransLink Capital has led a $7.1 million Series A round of investment for Kamcord, developer of the mobile gaming platform of the same name.
Texas County & District backs Legend's China VC fund
Texas County & District Retirement System (TCDRS) has committed $30 million to Legend Capital’s latest China venture capital fund.
US-based Weebly secures $35m from Tencent, Sequoia
Tencent Holdings and Sequoia Capital have invested $35 million in a Series C round of funding for Weebly, a US-based web-hosting services provider.
TRG's Kaji moves to consultancy Accordion
Suneel Kaji has left The Rohatyn Group (TRG), where he was involved in private equity and special situations credit investments in US and the Pacific Rim, to become a managing director at Accordion, a US-headquartered consultancy.
Jafco reaches $260m final close on fifth global VC fund
Jafco Ventures has reached a final close on its latest global fund at $260 million for its latest global fund. The vehicle, which was originally targeting $250 million, is the largest the firm has ever raised.
Hony supports Canadian energy investment platform
Hony Capital has agreed to support Canada Capital Energy Corporation (CCEC), a Chinese-owned oil and gas exploration and exploitation company, as it seeks to acquire energy assets in Western Canada.
OTPP private capital unit delivers 27% return for 2013
Teachers’ Private Capital (TPC), the PE and direct investment arm of Ontario Teachers’ Pension Plan (OTPP), earned a record C$3.1 billion ($2.8 billion) in 2013, delivering a one-year return of 26.9%, although both measures fell short of their benchmark...
Blackstone's Asia head Michael Chae to return to New York
Michael Chae, head of international private equity at The Blackstone Group, will move back to New York after a four-year stint in Hong Kong.
LP interview: Oregon State Treasury
Andy Hayes, PE investment officer at the Oregon State Treasury (OST), has been managing his fund’s Asian investments for nearly six years. The role is as much about networks as it is know-how
ChrysCapital in cross-border IT play
LiquidHub might be described as characteristic of all ChrysCapital’s investments in the IT segment, yet at the same time the US and India-based digital consultancy represents the complete reverse of any other deal the PE firm has done.