Regions
Baidu Capital leads $156m round for China’s Huochebang
Baidu Capital, a VC firm backed by Chinese search engine Baidu, has led the $156 million second tranche of a Series B round for Huochebang, a Chinese B2B-focused online truck logistics platform.
Clairvest commits $74m to India game developer
Canadian private equity firm Clairvest Group has invested $73.7 million in Indian online game developer Head InfoTech.
Deal focus: Navis secures its golden egg
Navis Capital Partners has acquired Mainland Poultry with a view to meeting the New Zealand's egg producers domestic capital investment needs and taking its technology into other parts of Asia
LP interview: New Zealand Superannuation Fund
New Zealand Superannuation Fund believes it has turned its far flung location into an advantage, making decisions away from the mainstream investor community and plotting a differentiated course in alternatives
Chinese universities and technology: Making a market
While US universities use licensing to commercialize technologies, their Chinese peers play a more active role in cultivating start-ups because the country has yet to develop a supporting ecosystem
Alternative exits: Tricks of the trade
Trade sales can provide investors in underperforming companies with an opportunity to reshape their investments, but they must be willing to let go of previous expectations and show flexibility
Temasek, Yunfeng lead $75m round for contract genomics player
Temasek Holdings and Chinese PE firm Yunfeng Capital have jointly led a $75 million Series B round for Wuxi NextCode, a genome sequencing analysis subsidiary of China-based contract research organization (CRO) WuXi PharmaTech.
Advantage closes fifth Japan fund at $535m
Advantage Partners has reached a final close on its fifth Japan-focused mid-market buyout fund at the hard cap of JPY60 billion ($535 million).
J-Star raises $291m for third Japan fund
J-Star has closed its third Japan-focused buyout fund at the hard cap of JPY32.5 billion ($291 million), having launched the vehicle last summer with a target of JPY30 billion.
Hillhouse, CDH propose $6.8b take-private of Belle International
CDH Investments has teamed up with Hillhouse Capital on a proposed HK$53.1 billion ($6.8 billion) privatization of Belle International, a Chinese shoe retailer that it first backed in 2005 and took public two years later.
HQ exits vehicle parts supplier to Japan’s Hitachi Chemical
HQ Equita, a Germany-based mid-market buyout firm controlled by HQ Capital, has agreed the sale of transportation industry supplier Isolite to Japan’s Hitachi Chemical.
NSSK acquires Japanese publishing group
Japanese private equity firm NSSK has acquired Bunkasha Publishing, a domestic media group focused on manga comics in both print and digital formats.
China ride-hailing app operator Didi raises $5.5b
Chinese ride-hailing app operator Didi Chuxing, which is backed by an assortment of private equity and strategic investors, has raised $5.5 billion in a fresh round of funding.
VCs target Southeast Asia's urban consumers - AVCJ Forum
Indonesia is sitting at the heart of an increasingly homogeneous Southeast Asia market in which start-ups can execute cross-border strategies by leveraging similar consumer habits across major cities.
LPs play the long game on Indonesia - AVCJ Forum
Institutional investors are keen to increase their exposure to Indonesia but the relative immaturity of the local market continues to be a deterrent, LPs told the AVCJ Indonesia Forum.
Private to public: Indonesia taps PE talent for government
Saratoga Capital's Sandiaga Uno is the latest Indonesian PE professional to enter public service following his election as deputy governor of Jakarta. This trend is a function of a relatively shallow talent pool
Singapore Life gets $50m Series A round
UK private equity investor IPGL has joined a $50 million Series A funding round for Singapore Life, a financial technology start-up targeting the insurance and savings services industry.
Accel, Shunwei lead $5m round for India's Mech Mocha
Accel Partners and Shunwei Capital have led a $5 million Series A round for Indian mobile gaming start-up Mech Mocha Game Studios.
Excelsior buys Office Depot Korea business
Hong Kong-based private equity firm Excelsior Capital has bought the South Korea business of business products supplier Office Depot.
CDIB invests in South Korean skincare company
CDIB Capital, the private equity arm of Taiwan’s China Development Financial, has invested an undisclosed sum in L&P Cosmetic, a skincare company based in South Korea.
Banyan leads round for China education courses platform
Banyan Capital has led a Series A round of funding for Lizhiweike, a Chinese online education mobile platform, with participation from existing investor GSR Ventures.
Fund focus: ClearVue brings consumer clarity
Having raised $362 million for its second fund, and diversifying its LP base in the process, Chinese GP ClearVue Partners has proved there is appetite for consumer sector specialists that have the right skill sets
South Korea's Ticket Monster raises $115m
Ticket Monster, a PE-backed e-commerce operator based in South Korea, has received a $115 million investment aimed at expanding its grocery shopping and travel services businesses.
Deal focus: Autoplus primed as industry consolidator
Autoplus is the only independent player of the three groups that dominate used car sales in South Korea. Having bought the business for $97 million, VIG Partners expects the company to strengthen its grip on the market