Region
Chinese tech firms target overseas expansion – AVCJ Forum
More Chinese technology companies have developed capabilities to expand overseas with a view to acquiring new customers that can support growth and strengthen their leading positions at home, industry participants told in AVCJ China Forum.
China leads the world in internet technology - AVCJ Forum
Mobile payment represents a “big inflection point between China and the rest of the world,” underlining how the country has become a leader in technology, according to Victor Koo, founder of video streaming platform Youku.
Capital Square-owned Aegis to merge with US-based Startek
Indian business process outsourcing (BPO) service provider Aegis, which was acquired by Capital Square Partners last year, has agreed to merge with US-based counterpart Startek. The deal will give Capital Square control of the combined company.
Carlyle exits Asia containership joint venture
The Carlyle Group has fully exited Greater China Intermodal Investments (GCI), its Asia-focused containership-building joint venture with US-based Seaspan Corporation.
OTPP appoints Asia head
Ontario Teachers’ Pension Plan (OTPP) has appointed Datuk Ben Chan, formerly of Malaysia’s Khazanah Nasional, as regional managing director for Asia Pacific.
Deal focus: Electrify's energy vision switches on VCs
Asian VCs lead a $30 million initial coin offering for Singapore-based blockchain-enabled power marketplace Electrify
Southeast Asia: Wary voices
LPs are likely to remain reluctant on Southeast Asia funds until GPs can demonstrate a consistent ability to generate positive returns from the region
Delos Capital buys India's Sage Metals
US-based private equity firm Delos Capital has acquired Indian specialty metal products manufacturer Sage Metals for an undisclosed amount.
China's CIC exits Blackstone stake
China Investment Corporation (CIC) has exited its remaining stake in The Blackstone Group, ending an investment of nearly 11 years.
Investors advise caution in face of crazy valuations - AVCJ Forum
The current climate of “crazy valuations” globally – and particularly in China’s internet space – cannot be sustained indefinitely and prudent investors should ensure portfolio companies are well capitalized in anticipation of a downturn, the AVCJ China...
Korean cross-border fund supports US solar panel buyout
The Corporate Partnership Fund (COPA Fund), a cross-border program backed by Korea's National Pension Service (NPS), has joined Korea Electric Power Corporation (KEPCO) in the acquisition of three US solar power projects.
Australia invests $12m in domestic agtech ecosystem
The state government of Victoria in Australia has confirmed a plan to invest A$15 million ($12 million) in the local agricultural technology sector.
Deal focus: Shunwei backs scalable home design model
Kujiale raises $100 million in Series D funding to grow its China-focused online home design tool
TPG secures partial exit from Australian poultry player
TPG Capital has made a partial exit from Inghams Group, the Australian poultry producer it acquired in 2013 and took public in November 2016.
China's PE-backed Ucommune acquires domestic rival
Chinese PE-backed co-working space provider Ucommune, formerly known as UrWork, has acquired domestic industry peer Woo Space.
Deal focus: Longreach finds its magic beans
Having acquired Japanese coffee shop chain Kohikan, The Longreach Group now hopes to build the family-owned business into a player capable of rivaling the national leaders
Q&A: Danke Apartment's Derek Shen
Having helped establish LinkedIn in China, Derek Shen left the company last year to join Danke Apartment, a local start-up pursuing what he sees as a huge unrealized opportunity in the long-term property rental market
Long-term capital: The patient play
Permanent and long-term capital structures are an attractive proposition for a wide range of players in Asia’s PE market, but bringing them from theory into practice presents numerous challenges
India's Brand Capital appoints CEO
Brand Capital, an investment arm of India’s The Times Group, has named Sam Subramaniam as its CEO.
Singapore's GTR Ventures invests five fintech companies
GTR Ventures, a Singapore-headquartered VC firm launched last September, has made its debut investments in five financial technology companies.
Actis leads $82m round for India's Pine Labs
Emerging markets-focused private equity firm Actis has led an $82 million funding round for Indian financial technology company Pine Labs.
Alibaba leads $866m round for China's Ofo
Chinese bike-sharing start-up Ofo has raised $866 million in a new funding round – comprising equity and debt – led by existing investor Alibaba Group. It is said to be the largest round raised by a bike-sharing company to date.
VCs invest $27m in Asian expansion for US-based Yogome
US-based Exceed Capital Partners has led a group of international VCs in a $26.9 million investment aimed at supporting an Asian expansion by domestic educational technology company Yogome.
ChrysCapital invests $20m in India's Curatio
ChrysCapital has invested $20 million in Indian skin and hair products producer Curatio, providing a partial exit for its private equity backer Fulcrum Ventures.