A KKR-led consortium has agreed to invest PHP35.3 billion ($680 million) in Metro Pacific Hospital Holdings (MPHH), prompting the Philippines-based hospital operator to abandon immediate plans for an IPO.
Public market investors in Australia have fallen out of love with private equity-backed IPOs. It's in the interests of both to get along, but they must find a way to rebuild trust
ACE Equity Partners, a Korean private equity firm that operates on a project fund basis, has agreed to invest KRW152.7 billion ($129 million) in local semiconductor testing specialist Tesna.
Alibaba Cloud, a subsidiary of Alibaba Group, has agreed to acquire Chaitin Technology, a Chinese cybersecurity start-up backed by Matrix Partners and Qiming Venture Partners.
Club Factory, a China-based e-commerce platform focused on India has raised a $100 million Series D round led by Qiming Venture Partners. Existing investors Bertelsmann Asia Investment and Frees Fund re-upped.
Thailand-based Lakeshore Capital has exited Bangkok area steakhouse chain Santa Fe to Singha Corporation for $50 million, generating a 2.75x return.
Backing small business lender BRAC Bank and establishing an office in Dhaka is part of CDC Group's wider plan to more than double its exposure to Bangladesh over the next three years
B2B marketplace Udaan has achieved unicorn status faster than any of its illustrious Indian forbears. A readymade national broadband infrastructure certainly helped
Japanese mid-market private equity firm Advantage Partners has agreed to sell a minority stake in its fund management entity to domestic financial services company Tokyo Century Corporation.
India and US-focused Inventus Capital Partners has closed its third fund at INR3.6 billion ($52 million). It is the early-stage investor's first vehicle dedicated solely to India.
A VinaCapital-led consortium will invest $21.4 million in Ngoc Nghia, a Vietnam-based plastics supplier that claims to be the largest local packaging materials producer of its kind.
Morrison & Foerster (MoFo) has bolstered its Asia fund formation capabilities with the appointment of Nicholas Sheets as a partner based in its Hong Kong office.
Fangdd Network, a Chinese online real estate marketplace backed by the likes of FountainVest Partners and CDH Investments, has filed to list in the US.
AI Medical Service, a Japanese healthcare technology start-up working on what it claims is the world’s first artificial intelligence-enabled endoscopic diagnosis system, has raised JPY4.6 billion ($43 million) in Series B funding.
Creador has led a INR3 billion ($42 million) Series C round for Kogta Financial, a non-banking finance company (NBFC) looking to deepen its penetration in India’s central and western states.
Indian hotel platform Oyo has raised $700 million from RA Hospitality Holdings, an entity controlled by founder and CEO Ritesh Agarwal, as part of a Series F round targeting $1.5 billion.
Eight Chinese artificial intelligence (AI) start-ups have been blacklisted by the US government. Several have received PE and VC funding, including SenseTime and Megvii Technology.
Industry participants at the AVCJ Philippines Forum were hard-pressed to explain a disappointing lag in local venture capital ecosystem development.
With $3.2 billion in dry powder, Hahn & Company is looking for larger deals in a Korean market that already punches above its weight in private equity terms
Having won support from HarbourVest Partners to spin out a portfolio from his former employer, Norwest Venture Partners, Mohan Kumar is taking aim at India's underdeveloped enterprise software space
Compliance with US regulations on foreign investment in critical technologies is forcing Chinese VC players to examine their fund structure and governance as well as their deployment strategies
Raghu Narain, head of investment banking for Asia Pacific at Natixis, discusses the macro backdrop for China’s M&A market and how shifting priorities will color deal flow to come
Q&K International Group, operator of China-based long-term apartment rentals platform Qingke, has filed for a US IPO. Its backers include Morgan Stanley Private Equity Asia (MSPEA) and Crescent Point.
Chinese online fresh produce retailer Benlai Group has raised $200 million in the first tranche of a Series D round led by Mingde Holding. Existing investors Gaorong Capital and CDH investments re-upped.