South Korean private equity investors warned the AVCJ Forum that valuations and an increase in the minimum wage could play havoc in the market next year following what has so far been a relatively benign 2018.
Growing demand for information and reporting among a shifting LP base is leading Asian GPs to improve their back office structuring, investors told the AVCJ Forum.
While Korea’s private equity market remains relatively stable, a much-anticipated opening up of IPO exits has yet to come to fruition
GPs have built strong ties with corporate Japan by demonstrating value-add capabilities. These networks should serve them well as the market becomes more active
Tokyo Electric Power (TEPCO) has invested in a Vietnam hydropower project in which Nexif Energy, a Southeast Asia-focused energy investment platform backed by Denham Capital, owns a majority stake.
L Catterton Asia has made its first investment in Japan, partnering Mitsui & Co. Principal Investments (MCPI) to support local eyewear retailer Owndays.
As Asian GPs trial a range of operational value-add strategies with an eye on shifting market dynamics, they are discovering that helping portfolio companies requires self-inspection
Electrify, a Singapore-based energy marketplace based on blockchain technology and backed by Japan’s Global Brain, has raised an investment of undisclosed size from TEPCO Frontier Partners, an incubator sponsored by Tokyo Electric Power (TEPCO).
The Rohatyn Group (TRG) has agreed to exit BHC Group, a South Korean fried chicken restaurant franchisor, by selling the business back to its founder.
CITIC Capital Partners has agreed to acquire Nippon Oil Pump (NOP), a Japan-based maker of hydraulic pumps and motors, from European listed investment firm Wendel for about EUR85 million ($97 million).
Fenox Venture Capital, a VC firm based in Silicon Valley, has partnered with Japanese entertainment company Sega Sammy Holdings to launch a $20 million fund to invest in advanced technologies globally.
Innovation Network Corporation of Japan (INCJ) has led a $50 million Series D round for Astroscale, a Singaporean space technology company focused on orbital debris removal.
Affinity Equity Partners and BRV Capital Management have finalized an agreement with Shinsegae that will see them invest a combined KRW1 trillion ($878 million) in the South Korean retail group’s e-commerce business.
Korea’s Hyundai Motor and Yield Capital, an investment unit of Beijing-Tsinghua Industrial R&D Institute, have launched a $100 million VC fund focused on hydrogen energy.
South Korea-based BonAngels Venture Partners has raised $50 million for its third early-stage fund.
MBK Partners has agreed to sell its remaining stake in Korean water purifier business Coway to a subsidiary of Woongjin Group – the company from which it bought the asset in 2013 – for KRW1.68 trillion ($1.48 billion).
China Investment Corporation (CIC) has reached an agreement with several Japanese financial institutions to establish a fund that will support Japanese companies looking to expand into China.
Japanese bio-robotics start-up Meltin has received a $17.7 million Series B round from a group of investors including SBI Investment with a view to revolutionizing human-machine interfaces
Calsonic Kansei Corporation, a Japanese automotive components manufacturer acquired by KKR last year, has agreed to buy Fiat Chrysler Automobiles’ (FCA) components business for EUR6.2 billion ($7.1 billion).
SBI Investment has joined a $17.7 million funding round for Meltin, a Japanese company focused on combining robotics with bio-signal processing.
Hahn & Company has secured a $3.7 billion corporate restructuring of SK Shipping with a view to implementing the same operational improvements that have proved successful with H-Line
Outsourcing Investments (OSI), a Japanese business process outsourcing (BPO) firm owned by CLSA Capital Partners (CLSA CP), has acquired two domestic staffing service providers through bolt-on transactions.
Korea’s National Pension Service (NPS) has appointed Hyo-Joon Ahn as its new CIO after struggling for more than a year to find a permanent occupant for the role.
Hahn & Company has completed what is described as one of the first successful non-government led corporate restructurings in Korea’s shipping industry with the $3.7 billion acquisition of SK Shipping.