Permira is closing its Japan office, 17 years after establishing its first Asian foothold in Tokyo.
Globis Capital Partners has led JPY 3.3bn (USD 22.1m) Series C round for Japan’s Trend Express, a cross-border marketing and data analysis platform focused on Japan-China tourism.
Japan’s Advantage Partners has hired Rahul Bhargava, previously of ADV Partners, as a partner and co-head of Asia ex-Japan. It coincides with the acquisition of a Japanese jewellery industry supplier.
Korea-headquartered pizza chain Gopizza has raised USD 25m in Series C funding from new and existing backers to drive an India expansion.
Japanese middle-market private equity firm NSSK has acquired 100% of Kraft, a local pharmacy chain that operates under the Sakura brand, for an undisclosed sum.
PE investment in Asia reached USD 36.8bn in the third quarter of 2022, its lowest level since activity seized up in the early stages of COVID-19, with notable declines in India and Southeast Asia.
Japanese digital bank Nudge has completed a USD 16m Series A round led by One Capital, a VC firm led by the former head of Salesforce Ventures Japan.
A flicker in India fails to disguise a miserable quarter for exits; a handful of fast fundraises snap Asia out of its slump; investment gravitates towards developed markets and manufacturing
Japanese start-ups must attract more institutional capital from overseas given the paucity of local investors, especially in the growth stages, the AVCJ Japan Forum heard.
Polaris Capital Group has agreed to acquire a majority stake in Social Inclu, a Tokyo-based operator of more than 150 group homes for people with disabilities. The size of the investment was not disclosed.
Japanese healthcare technology start-up Ubie has closed its Series C round on JPY6.3bn (USD 43.2m) with the latest tranche featuring PE-owned pharmacy chain operator Sogo Medical.
Japan’s LP community is an alluring target for global private equity managers, even as currency depreciation and a cultural aversion to risk remain obstacles in the short and long term
Currency depreciation, dwindling domestic IPO opportunities, and labour shortages are all their toll on the portfolios of middle-market Japanese private equity firms, the AVCJ Japan Forum heard.
D Capital, a recently established Japanese middle-market private equity firm, has achieved a third close of JPY 27bn (USD 186.4m) on its debut fund. The target is JPY 30bn.
Japanese private equity firms should be very targeted in implementing environment, social, and governance (ESG) policies at the portfolio company level even if the payoffs are small and accumulate over time, the AVCJ Japan Forum heard.
Nearly a decade after establishing a foothold in Asia, Partners Capital has acquired a string of local clients and devised a distinct, middle market-oriented approach to deploying capital in the region
Polaris Capital Group has fully exited Aimechatec, a supplier of LCD panel manufacturing equipment it carved out from Hitachi in 2016 and took public last year, with proceeds of JPY 3.96bn (USD 27.6m).
Japanese flying car developer SkyDrive has raised JPY 9.6bn (USD 67m) in Series C funding featuring US-based Pegasus Tech Ventures and local strategics such as Suzuki Motor.
Japan’s Nomura Holdings has launched a business called Laser Venture Capital that will invest in companies in the blockchain and digital assets space.
Korea’s Seoul Robotics, which specialises in computer vision for 3D sensors used by autonomous cars, has raised a USD 25m Series B round led by KB Investment.
Korea-focused Glenwood Private Equity has closed its second fund on KRW 900m (USD 648m) from local LPs, having established itself as a mid-market corporate divestment specialist
Managers coming back to market more frequently and a depreciating yen are playing havoc with LP allocations to private equity, institutional investors told the AVCJ Japan Forum.
Japanese lower-middle market private equity firm J-Star has confirmed an investment of undisclosed size in Toy Factory, a campervan designer and manufacturer.
Kevin Lee founded Crescendo Equity Partners to spot overlooked Korean technology suppliers and reposition them as global leaders of their niches. This required a rare combination of skills