Japan’s Line Corporation has set up a $10 million fund via a Korean subsidiary that will make token investments in early-stage blockchain start-ups.
Warehouse operator GLP is betting heavily on technology as it builds out capacity in the Tokyo region. Yoshiyuki Chosa, president of the company’s Japan unit, sketches a difficult but rewarding logistics market
Crescendo Equity Partners, a mid-market Korean GP that concentrates on the industrial technology space, has closed its second fund at the hard cap of KRW450 billion ($398 million).
Korea’s Samsung has committed KRW25 trillion ($22 billion) to a technology innovation drive that will focus strongly on domestic R&D and include an expansion of the company’s venture incubation program.
Tokio Marine Capital has agreed to sell Izumi Products, a Japanese manufacturer of electric tools and home appliances, to Maxell Holdings and Development Bank of Japan (DBJ) for JPY18.2 billion ($163.5 million).
Japanese private equity firm NSSK has acquired hospitality business Hotel Castle Inn Group for an undisclosed sum.
The Longreach Group has agreed to acquire a majority stake in Fujitsu Component from its parent company and will launch a tender offer to buy the business outright at a valuation of JPY13.7 billion ($123.6 million).
Korea’s Public Officials Benefit Association is expanding its private equity exposure and global footprint. Maintaining this diversification within the firm’s traditional risk profile requires a gradual approach
Indian hospitals are increasingly attractive for private equity investors. GPs can thrive in the space with a well-defined growth strategy that takes local market requirements into account
TPG Capital and Abu Dhabi Investment Authority (ADIA) have teamed up with India-listed UPL Corporation on a $4.2 billion acquisition of Arysta LifeScience, an agricultural chemicals manufacturer that originated in Japan.
CDIB Capital, the private equity arm of Taiwan’s China Development Financial, has invested an undisclosed sum in Korean cosmetics maker E.CIS Cosmetic (ECIS).
Singapore’s Golden Equator Capital and Korea Investment Partners (KIP) have jointly launched a S$120 million ($88 million) Southeast Asia technology fund focused on start-ups and small to medium-sized enterprises (SME).
Itochu Corporation has led a $55 million Series C funding round for Japanese financial technology company Paidy.
Yahoo Japan has acquired Dely, the VC-backed Japanese start-up that operates online recipe-sharing service Kurashiru.
Jafco has led an $11 million funding round for Trillium, a cybersecurity company focused on the autonomous vehicle industry based in Japan and the US.
Pantheon has opened an office in Tokyo, having won separate account mandates from the likes of Japan’s Government Pension Investment Fund (GPIF).
Nissan Motor has abandoned plans to sell its electric battery operations and production facilities to GSR Capital because the Chinese private equity firm didn’t have sufficient funds to complete the transaction.
Hideyuki Inokuma, who as chief administrative officer at Advantage Partners is responsible for investor relations as well as middle and back-office functions, is to retire from the Japan-based firm.
Advantage Partners has acquired 34 restaurants in Beijing and Tianjin from Papa John’s International. The investment is being made through the Japanese private equity firm’s $380 million debut Asia fund, which closed in May.
Japan Post Investment Corporation seeks to fill the late-stage investment gap in Japan's venture capital market that local VC investors lack the capacity to address
Innovation Network Corporation of Japan and D4V, a Japanese seed-stage investor set up by Genuine Startups and US design consultancy Ideo, have joined a S$11.2 million ($8.2 million) investment in Singaporean agricultural technology company Umitron.
World Innovation Lab (WiL) has raised $521 million for a US-Japan venture capital fund.
Private equity firms looking to future-proof their portfolios and enable companies to take advantage of technological change must be prepared to make significant alterations to their investment approach, industry participants told the AVCJ Japan Forum.
Fantom Foundation, a Korean blockchain technology company, has received a $40 million funding round from a number of specialist investors, including US-based 8 Decimal Capital and Singapore’s Link VC.