Regions
Warburg Pincus invests $100m in India’s CleanMax
Warburg Pincus has committed $100 million to CleanMax Solar, an Indian rooftop solar panel company backed by the International Finance Corporation (IFC) and Bessemer Venture Partners.
China's Zhongzhi invests $80m in renewable energy producer
ZZ Capital, an alternative assets manager and private equity firm backed by China’s Zhongzhi Enterprise Group, has committed EUR70 million ($80 million) to Italy-based renewable energy producer Building Energy.
PE in Southeast Asia: Buyout blues
Private equity interest in Southeast Asia has yet to translate into a significant number of buyout deals. The region's sturdy economic fundamentals may prolong the stagnation
China PE challenge is micro, not macro - AVCJ Forum
Navigating micro intricacies rather than addressing macro uncertainties is the true challenge for private equity investors in China, industry participants told the AVCJ USA Forum.
IFC proposes $20m investment in Abraaj credit fund
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a commitment of up to $20 million in the Abraaj Group’s global credit fund.
China's PE-backed UrWork receives $29m investment
UrWork, a Chinese co-working space operator with a number of private equity backers, has received a $29.4 million investment from domestic conglomerate Beijing Love & Health Group.
China's SenseTime closes $410m Series B round
Sense Time, a Chinese artificial intelligence (AI) and deep learning technology start-up has closed a $410 million Series B round of funding across two tranches, led by CDH Investments and Sailing Capital, respectively.
Singapore university launches student venture fund
Singapore Management University (SMU) has partnered with Kairos ASEAN to launch a venture capital fund run by and for university students.
SBI invests Indian fintech player
Indian payments technology service Innoviti Embedded Solutions has raised a INR1.2 billion ($18.6 million) funding round led by SBI-FMO Fund.
Quadria invests Singapore, Vietnam hospitals
Healthcare-focused private equity firm Quadria Capital has acquired stakes in Singapore medical center operator MWH Holdings and Vietnam’s FV Hospital.
GGV leads $10m round for Asian snacks business
GGV Capital has led a $10 million Series A funding round for Yamibuy, a US-based e-commerce player focused on Asian snacks, beauty products, health supplements and home appliances.
Temasek sees portfolio hit record high of $199b
Temasek Holdings saw its portfolio hit a record high of S$275 billion ($199 billion) for the 12 months ended March, but the Singapore government-controlled investment fund warned that the global economy is still plagued by uncertainties.
Frontier markets: Late to the boom
Cambodia, Laos and Myanmar are among the last frontier markets in Asia but well positioned to benefit from accelerating interest in the ASEAN region. Private equity success will require a nimble approach
Singapore accelerators: Searching for sustainability
The flood of new arrivals in Singapore’s accelerator space means there are often too many groups chasing relatively few high-quality start-ups. Diversification and specialization is the key to survival
Q&A: Singapore Exchange's Mohamed Nasser Ismail
The Singapore Exchange (SGX) has announced several initiatives aimed at supporting technology start-ups. Mohamed Nasser Ismail, head of equity capital markets (SME), explains why a more active role is necessary
China's CIC ups alternatives exposure, posts positive return
China Investment Corporation (CIC) increased its alternatives exposure by a few percentage points to 37.24% for the year ended December 2016 as its international portfolio rebounded from a loss in 2015 to post an investment return of 6.22%.
Affinity submits $1.6b offer for Australia's Vocus
Affinity Equity Partners has submitted a bid to buy Australian high-speed broadband internet provider Vocus Group for about A$2.2 billion ($1.6 billion), matching an offer made by KKR.
GIC posts weakest return in eight years, warns of uncertainty ahead
GIC Private warned of years of uncertainty ahead as the Singapore sovereign wealth fund announced its weakest investment performance since the global financial crisis.
Hong Kong's CompareAsiaGroup gets $50m Series B
The International Finance Corporation (IFC) has led a number of venture capital firms in a $50 million Series B funding round for Hong Kong-based financial comparison platform CompareAsiaGroup.
Verlinvest leads $14m Series B for Indian food player
Verlinvest has led a INR900 million ($14 million) Series B funding round for India-based Drums Food International, the parent company of the Epigamia yogurt brand.
Kalaari, Nexus back Indian online grocery marketplace
Kalaari Capital and Nexus Venture Partners have committed $8.5 million in Series A funding to Indian online grocery marketplace Jumbotail.
VC-backed Omise raises $25m, acquires Thai competitor
Omise, a Thailand-based financial technology company backed by a number of venture capital firms, has raised $25 million and acquired Paysbuy, a fintech subsidiary of domestic telecom player Dtac.
Unigestion raises $291m for direct opportunities fund
Wealth management firm and PE fund-of-funds Unigestion has closed a direct opportunities fund at EUR255 million ($291 million).
PAG, Primavera lead $118m round for China's Dashu Finance
PAG Asia Capital and Primavera Capital have led a Series C round of funding worth $118 million for Dashu Finance, which provides outsourced credit services to banks looking to participate in the small loans space.