Japanese private equity firm J-Star has taken a controlling stake in local pharmaceuticals wholesaler Genex for an undisclosed sum.
SoftBank Ventures Asia has joined a $60 million Series B round for Korean payments technology start-up Chai.
CLSA Capital Partners’ sale of Japanese staffing services player Qit to Advantage Partners reveals enduring private equity interest in potentially shaky categories made sturdy by specialization
Integral Corporation has become the second independent Japanese private equity manager since the global financial crisis to surpass $1 billion in fund size, closing its fourth mid-market buyout vehicle at the hard cap of JPY123.8 billion ($1.18 billion).
Japan Investment Corporation (JIC) has backed four local start-ups via its new VC unit. This includes a JPY3 billion ($29 million) commitment to business digitization consultant Monstar Lab.
By merging Joun Life with Preed Life, VIG Partners’ groundbreaking venture into Korean funeral services is reimagining an industry beyond its core ceremonies
Korean enterprise cloud services provider MegazoneCloud has closed a $122 million Series B round featuring more than 20 investors, including at least eight private equity firms.
The outlook for international tourism remains uncertain, but this hasn’t stopped some private equity and venture capital investors targeting travel and hospitality assets in Asia. It pays to be selective
KVP, the VC unit of Japanese mobile games company KLab, has spun out as an independent entity under the name Anobaka.
Kazushige Kobayashi, formerly of Capital Dynamics, has won a fund-of-funds mandate from the Tokyo government to be managed by a dedicated team set up under Asian alternatives group MCP Asset Management.
CLSA Capital Partners has sold Japan-based industrial sector human resources outsourcing business Qit to Advantage Partners for an undisclosed sum.
MedVenture Partners, a Japanese VC firm focused on medical devices, has closed its second fund with JPY9.9 billion ($95 million) in commitments.
Japanese private equity firm J-Star has acquired a controlling stake in local homeware brand Shirayuki Fuukin for an undisclosed sum.
Warburg Pincus has agreed to make another partial exit from ESR, the pan-Asian logistics real estate platform it established in 2011 and took public last year, which will see its stake fall to 4.56%.
Warburg Pincus and Advantage Partners triumphed in the firm of the year categories at the 2020 AVCJ Private Equity & Venture Capital Awards, with The Carlyle Group and Affinity Equity Partners also among the winners with two trophies apiece.
KKR has agreed to acquire a majority stake in Seiyu, a Japanese supermarket operator controlled by US-headquartered Walmart, in a deal that values the business at JPY172.5 billion ($1.6 billion).
Private equity firms are still finding their feet with annual meetings that no longer take place on the ground. Like it or not, virtual engagement is set to become a larger part of investor relations from now on
J-Star has sold Itty, a Japanese TV shopping business that specializes in healthy living products, to local broadcaster TV Asahi Corporation for an undisclosed sum.
Abu Dhabi Investment Authority (ADIA) and Ontario Teachers’ Pension Plan (OTTP) have confirmed a $1.2 billion investment in Asia-focused renewable energy owner-operator Equis Development.
Polaris Capital Group has reached the hard cap of JPY150 billion ($1.4 billion) for its fifth Japan buyout fund and expects to announce a final close later this month, according to CEO Yuji Kimura.
The Carlyle Group has launched a JPY37 billion ($355 million) buyout offer that would see it take control of Japan Asia Group, the Tokyo-listed holding company for several Japanese environment-related businesses, and two key subsidiaries.
Idein, a Japanese start-up focused on device-level data processing technology, also known as edge computing, has raised a JPY2 billion ($19.2 million) round featuring Global Brain.
Buoyed by strong macro fundamentals and robust returns, Japan’s buyout managers continue to attract capital while most other strategies across Asia struggle. Will this popularity be sustained?
Japanese logistics technology start-up Openlogi has raised JPY1.7 billion ($16.7 million) in an ongoing Series C round featuring Sumitomo Corporation.