Japan’s regional banks have risen from a low base to become a meaningful LP constituency for local middle-market managers. Their staying power might be a function of broader industry consolidation
Japan’s massive mid-sized business sector is still trading in its fax machines for the cloud, sometimes willingly, sometimes begrudgingly. PE’s help is most needed in terms of mindset
Hitachi has agreed to sell its Japan-based radiation measurement devices and industrial x-ray CT devices businesses to local private equity firm Nippon Mirae Capital.
K Car, a Korean automotive marketplace created by Hahn & Company through the merger of SK Encar and Joy Rent a Car, has raised KRW336.6 billion ($285 million) in a domestic IPO.
Anchor Equity Partners has closed its fourth Korea and North Asia-focused fund with $1.6 billion in commitments after approximately five months in the market.
Stonebridge Ventures, a Korean venture capital firm with more than KRW700 billion ($595 million) in assets under management, has filed to list on KOSDAQ.
Eneos Holdings, an oil company and active technology investor, has agreed to acquire Japan Renewable Energy (JRE) from Goldman Sachs Asset Management and GIC.
EQT has hired Tetsuro Onitsuka, formerly of Japan Post Investment Corporation (JPIC) and TPG Capital, as head of Japan private equity as it continues to build out a local presence in the country.
The Carlyle Group has completed its acquisition of Japanese advertising content provider AOI TYO Holdings follow a tender offer that valued the Tokyo-listed company at JPY21.4 billion ($191 million).
The Riverside Company has sold Japan-based bicycle retailer Y International to domestic private equity firm Daiwa PI Partners for an undisclosed sum.
Japan Investment Corporation aims to help a sparse venture capital market catch up with a slightly more mature buyout space. Balancing private and public interests remains the key challenge
MBK Partners has signed up Partners Group as the anchor investor in an approximately $500 million single-asset continuation fund for its majority stake in Korean fried chicken franchisor BHC.
South Korean institutional investors are keen to deploy capital in alternatives, their sentiment towards the asset class boosted by a relatively robust recovery from the pandemic and the stabilization of returns, the AVCJ Korea Forum heard.
500 Startups has closed its largest-ever global fund at $140 million, while simultaneously rebranding as 500 Global and expanding its strategy to include later-stage deals.
Japan-based news app SmartNews has achieved a valuation of $2 billion on closing a $230 million Series F round featuring US-based Princeville Capital and Woodline Partners as well as several local investors.
The Carlyle Group’s Japan team has completed its first minority deal, participating as a cornerstone investor in a JPY24.4 billion ($221 million) round for local biomaterials developer Spiber.
PayPal has agreed to buy Japan’s Paidy, a specialist in deferred e-commerce payments backed by several private equity investors, for about JPY300 billion ($2.7 billion).
A private equity consortium's right to enforce a put option against the chairman of Korea's Kyobo Life Insurance has been upheld following arbitration, though the ruling stopped short of endorsing a price for the transaction.
Delivery Hero was instructed to offload Yogiyo as a condition of buying Woowa Brothers. Affinity, Permira, and GS Retail made the most of a $685 million opportunity to enter Korea’s food delivery space
Kakao Investment and Korea Development Bank (KDB) have joined a $30 million Series C round for H2O Hospitality, a Japan-based tourism operator expanding in Korea and Southeast Asia.
Japan’s Coral Capital has confirmed a first and final close of JPY14 billion ($127.4 million) for its third venture capital fund. The vehicle is more than twice the size of its predecessor.
Korea’s VIG Partners has sold a 10% stake in funeral services provider Preed Life to Mastern Partners, a local PE platform, for KRW50 billion ($43.2 million).
Korean private equity firm VIG Partners has acquired a controlling stake in waste-to-energy (WTE) facility operator BioEnergyFarmAsan for about $100 million.
Japan’s Shiseido has extended a program of non-core divestments with the sale of three of its US makeup brands to Advent International for $700 million.