Moat Private Equity, a Korea GP set up last year, has taken an approximately 14% stake in KOSDAQ-listed electronics industry supplier Exax for KRW19.8 billion ($16 million).
Tadasu Matsuo, head of alternative investments at Japan Post Insurance (JPI), has joined HarbourVest Partners as a managing director where he will co-lead Japan coverage alongside Tatsuya Kubo.
CVC Capital Partners has closed its fifth Asia fund at the hard cap of $4.5 billion. The firm said the step up from $3.5 billion for Fund IV reflects an expansion in its regional investment capabilities.
Consumer-focused private equity firm L Catterton Asia has confirmed a significant investment of undisclosed size in Japanese cosmetics brand Etvos.
Eiji Ueda, formerly co-head of securities for Goldman Sachs in Asia Pacific, has replaced Hiromichi Mizuno as CIO of Japan’s Government Pension Investment Fund (GPIF).
KKR has recruited Hidekazu Harada, previously co-head of Japan investment banking at Bank of America Merrill Lynch (BAML), as a managing director for its private equity team in Tokyo.
Kyash, a Tokyo-based mobile banking start-up, has received $45 million in Series C funding led by Greenspring Associates and Goodwater Capital.
Expecting to see a surge in deal flow driven by divestments and succession planning situations, The Carlyle Group has bulked up to $2.3 billion for its latest Japan fund
Integral Corporation has acquired T-Garden, a Japanese company that makes cosmetic contact lenses, for an undisclosed sum.
AISing, a Japan-based developer of edge artificial intelligence (AI) technology used in industrial robots and self-driving cars, has raised JPY700 million ($6.5 million) in Series B funding.
The Carlyle Group has raised JPY258 billion ($2.3 billion) for its fourth Japan buyout fund. The vehicle is more than twice the size of its predecessor, which closed at JPY119.5 billion in 2015.
SecuLetter, a Korean cybersecurity technology provider, has raised a $8 million Series B round that included Saudi Arabian VC firm Riyadh Valley Company.
Several Korean investors have committed KRW56 billion ($44 million) in funding to Bungaejangter, a local C2C mobile marketplace specializing in second-hand goods.
Anchor Equity Partners is paying KRW209.8 billion ($163 million) for an approximately 13% stake in the music and entertainment division of Korean internet giant Kakao.
Korea’s SK Telecom has spun out its digital healthcare development unit to form a joint venture (JV) with local private equity firm Newlake Alliance Management.
The coronavirus outbreak has implications for PE fundraising well beyond China. Many Asia-based managers are either unable to go and see LPs or LPs are not permitted to visit them
Jafco, Japan’s largest venture capital investor, has confirmed a final close on its sixth flagship fund at the hard cap of JPY80 billion ($765 million).
Coronavirus concerns among GPs not solely focused on China vary based on their direct or indirect exposure to China, but gauging private equity responses to the crisis is like chasing a moving target
Rather than addressing the healthcare opportunities created by Japan's changing demographic base, I-nest Capital is focusing on lifestyle and entertainment needs of an aging population
Unlike most frontiers, Mongolia is more talent hub than consumer market. There is no systemic hindrance to start-up investment but few mechanisms to sufficiently organize it
KKR has agreed to sell its majority stake in AlphaTheta Corporation, a Japanese DJ equipment manufacturer previously known as Pioneer DJ, to domestic photo processing equipment producer Noritsu Koki for JPY35 billion ($324 million). The deal is worth...
The Carlyle Group has agreed to sell full ownership of the maker of Meisui Bijin, a Japanese brand of bean sprouts, to food-focused Shinmei Holdings for an undisclosed sum.
Recognizing strong demand trends for electric vehicle batteries, KKR turned around KCF Technologies within two years before exiting the Korean business with a 6.5x return
I-nest Capital, a Japanese VC firm set up last year by former Mizuho Financial Group employees, has raised JPY6.6 billion ($60 million) for its debut fund. The target was JPY6 billion.