Region
Specialization: Buying better
Should the next-generation Australian private equity firm be doing more to differentiate itself from the competition - in the eyes of potential investees as well as investors?
Co-founder of Chinese GP Ascendent to leave firm
Kevin Zhang, one of the two co-founders of Chinese middle market private equity firm Ascendent Capital Partners, is retiring from the firm. He is understood to be planning to establish his own family office.
Hillhouse, Sequoia join $2.5b round for JD.com's logistics unit
Chinese online retailer JD.com has raised approximately $2.5 billion for its logistics subsidiary from investors including Hillhouse Capital and Sequoia Capital China.
CITIC Capital-backed Harbin Pharma buys 40% stake in GNC
China’s Harbin Pharmaceutical Group, which is controlled by CITIC Capital, has agreed to acquire a 40% stake in GNC Holdings for $300 million, becoming the largest shareholder in the US-based nutritional supplements retailer.
NDE reaches $357m close on Fund II, raises hard cap
Chinese private equity firm NDE Capital has confirmed a third close for its second fund with $357 million in commitments, surpassing a $350 million hard cap. It has raised the targeted corpus to $450 million.
CVC's Japan president to join Toshiba
Nobuaki Kurumatani, who has been president of CVC Capital Partners’ Japan operation for less than a year, is departing to become chairman and CEO of Toshiba Corporation.
Blackstone makes leadership team changes
The Blackstone Group has shuffled its senior leadership – with Tony James, the firm’s president and COO, handing over day-to-day management duties to global real estate head Jon Gray – as part of efforts to address succession planning.
Australia distress: The luxury of time
Two pieces of legislation – one enacted and the other pending – are expected to facilitate corporate restructuring in Australia. It remains to be seen how turnaround investors take advantage of this
PE-backed NBFC Indostar files for India IPO
Indostar Capital Finance (ICF), an Indian non-banking finance company (NBFC) backed by Everstone Capital and other PE investors, has filed for an IPO.
China's Easyhome raises $2b from Alibaba, PE investors
Alibaba Group has joined a group of PE investors to acquire a 36% interest in Beijing Easyhome Furnishing, China’s second-largest home improvement supplies and furniture chain operator, in a deal worth RMB13 billion ($2 billion).
Australia's PEP launches secure assets fund
Pacific Equity Partners (PEP) has launched an Australia and New Zealand-focused secure assets fund intended to invest in companies that generate annuity income but also offer opportunities for traditional private equity-style operational improvement....
Fullerton leads $87m round for India's Lendingkart
Fullerton Financial Holdings has led an $87 million Series C round for Indian financial technology platform Lendingkart.
China's Club Factory raises $100m Series C
Club Factory, a China-based e-commerce platform that sells fashion products overseas, has raised $100 million in a Series C round of funding from existing investors IDG Capital Bertelsmann Asia Investment (BAI).
Q&A: Pacific Equity Partners' Tim Sims
Tim Sims, co-founder and managing director of Pacific Equity Partners, discusses competition in Australian private equity, approaches to co-investment, succession planning, and his firm’s secure assets fund
New Zealand PE: Hidden gem
Private equity is taking a bigger piece of New Zealand’s small economic pie. Investors must act opportunistically to exploit substantial potential in an inconspicuous but engaging middle market
Australia consumer: Attitude adjustment
Demographic shifts are prompting Australian GPs to reevaluate domestic consumer plays with an eye toward processes rather than goods. Overseas markets are an increasingly important part of the equation
Omnivore India agri fund reaches $46m first close
Omnivore Partners has reached a first close of $46 million on its second fund targeting agriculture investments in India.
Monk's Hill names new Malaysia venture partner
Singapore-based Monk’s Hill Ventures has engaged Mohd Ridzwan (Reez) Nordin as a Malaysia-based venture partner.
Warburg Pincus establishes Vietnam infrastructure platform
Warburg Pincus and industrial conglomerate Becamex IDC have agreed to set up a $200 million platform to develop institutional-grade infrastructure and logistics properties in Vietnam.
VC-backed Chinese wearables maker seals $110m US IPO
Huami, a Chinese wearables manufacturer that has a strategic relationship with smart phone maker Xiaomi and several venture capital backers, has raised $110 million in its US IPO.
CITIC Capital-led consortium to buy Euromoney data division
A consortium led by CITIC Capital has agreed to buy Euromoney Institutional Investor’s financial information database division for an equity value of $180.5 million.
Lakeshore invests in Thai wellness brand
Lakeshore Capital has invested an undisclosed amount in Thailand-based personal care brand Panpuri.
India's HealthifyMe gets $12m Series B
Sistema Asia Fund, a VC unit of Russian conglomerate Sistema, has led a $12 million Series B funding round for Indian fitness lifestyle app operator HealthifyMe.
India's Faering targets $200m for third fund
Indian GP Faering Capital is seeking $200 million for its third growth capital fund, with a hard cap of $250 million.