Region
TPG hires Blackstone executive in Australia
TPG Capital has hired Malcolm Jackson, who currently works for The Blackstone Group in Singapore, as a managing director in its Australia and New Zealand team.
Chinese healthcare SaaS platform raises $48m
Taimei Medical Technology, a Chinese cloud-based software provider that serves pharmaceutical companies and clinical research organizations (CROs), has raised RMB300 million ($48 million) in Series D funding.
WeWork buys PE-backed Naked Hub in Asia expansion drive
US-based co-working space operator WeWork has acquired industry peer Naked Hub, which is backed by Hong Kong-based Gaw Capital Partners, as part of a continued expansion in China and Southeast Asia.
Brandon invests $6m in Australia medtech company
Brandon Capital has committed A$7.7 million ($6 million) to Australian medical technology developer Global Kinetics.
VCs invest $12m in US, Southeast Asia-based Element
A number of Asian VCs including MDI Ventures, a unit of Telkom Indonesia, have joined a $12 million Series A round for Element, a biometrics technology developer based in New York, Jakarta, and Singapore.
VIDEO: Vertex Holdings' Kee Lock Chua
Kee Lock Chua, CEO of Temasek-owned Vertex Holdings, discusses venture capital trends in Asia
Fund focus: SeaLink's patience pays off
Four years after its founders left their previous jobs with KKR in India, SeaLink Capital Partners has closed its debut fund. Now the GP is on the look-out for opportunities in the middle market
PAG backs Chinese-led acquisition of Japan's Takata
PAG Asia Capital has supported Chinese-owned auto components manufacturer Key Safety Systems (KSS) in its $1.59 billion acquisition of assets held by Takata Corporation, a Japanese company that filed for bankruptcy following a recall of faulty vehicle...
Allianz invests $35m in Indonesia's Go-Jek
Germany-based financial services giant Allianz Group has confirmed a $35 million investment in Indonesian ride-hailing and delivery platform operator Go-Jek.
IFC proposes $55m investment in Bangladesh's Pran
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a $55 million commitment to Bangladesh-based food and beverage producer Pran Group.
Warburg Pincus leads $44m round for China's Sensors Data
Warburg Pincus has led a $44 million Series C round of funding for Sensors Data, a Beijing-based big data analysis company.
Eight Roads India adds Goldman's Bhatia as partner
Eight Roads Ventures, the proprietary investment arm of Fidelity International, has added Shweta Bhatia, formerly of Goldman Sachs, as a partner in its India office.
Chinese PE-backed consortium buys Australian vitamin supplier
China Jianyin Investment, a government-controlled investment group, has teamed up with a fund backed by CITIC Group to acquire a majority stake in vitamins supplier Australia Nature’s Care Biotech (ANCB).
TPG, Manipal sweeten deal for Fortis' India hospital business
Manipal Hospital Enterprises (MHEPL), an Indian hospital chain backed by TPG Capital, has submitted a revised buyout offer of INR61 billion ($933 million) for the hospital business of domestic rival Fortis Healthcare (FHL).
Panasonic invests $100m in US-Japan VC fund
Panasonic has committed $100 million as the sole LP in a fund managed by US-based Conductive Ventures that will focus on helping technology start-ups access Japanese markets.
Chinese biotech firm Biocytogen raises $65m
Biocytogen, a Chinese contract research organization (CRO) that provides genetically engineered mice for drug testing, has raised RMB410 million ($65 million) in a Series C round of funding led by CMB International Capital, an investment arm of China...
Ocean Link confirms competing bid for China's eHi
Ocean Link, a travel and tourism-focused GP, has confirmed it submitted a competing bid for eHi Car Services, a Chinese car rental business that recently agreed to be privatized by a consortium comprising its chairman and other PE investors.
Japan's KDDI, Global Brain launch third VC fund
Japan’s KDDI Corporation and Global Brain have established their third VC fund with a view to investing JPY20 billion ($187 million) over the next five years.
VC-backed YY spin-out Huya files for US IPO
Huya, a Chinese game broadcasting business that spun out from social networking platform YY and raised capital from Tencent Holdings and several VC investors, has filed for an IPO in the US.
Deal focus: Meituan makes a strategic move with Mobike
Meituan-Dianping's acquisition of Mobike means stellar returns for some of the early investors in the Chinese company - and more layers of intrigue in the competitive dynamic between Alibaba Group and Tencent Holdings
Deal focus: CHAMP wine exit seen as the toast of Australia
CHAMP Private Equity took two divisions of Constellation Brands and turned them into a diversified portfolio of premium wine brands. It has secured a more than 5x money multiple for its efforts
PE-backed Chinese car trading platform Souche buys rival
Souche, a Chinese online car trading platform that has received investment from Alibaba Group as well as from several PE players, has acquired industry peer Cheyipai.
Alibaba leads $600m round for China's SenseTime
Alibaba Group has led a $600 million Series C round for China's SenseTime, said to be the largest-ever fundraise by an artificial intelligence (AI) company globally.
Saama closes fourth India VC fund at $100m
Saama Capital has closed its fourth India VC fund at the hard cap of $100 million, just over a year after closing its third vehicle at $57 million.