Regions
INCJ to invest $45m in UK freeze-dried food company
Innovation Network Corporation of Japan (INCJ) has committed up to $45 million as part of a joint acquisition of UK-based freeze-dried food manufacturer Chaucer Food.
Eight Roads leads $12m Series B for India's Core Diagnostics
Eight Roads Ventures has led a $12 million Series B round for India-based medical diagnostics services provider Core Diagnostics.
OTPP promotes Jo Taylor to international managing director
Ontario Teachers’ Pension Plan (OTPP) has promoted Jo Taylor to senior international managing director. He will also serve as interim head of Asia Pacific as Nicole Musicco, the current head, returns to Toronto to lead OTPP's public equities unit.
China's CITIC PE creates training program for portfolio executives
Chinese GP CITIC Private Equity has teamed up with Yale School of Management to provide customized management training courses to senior executives from its portfolio companies.
Morgan Stanley marks down India's Flipkart four quarters in a row
A Morgan Stanley mutual fund has once again marked down its investment in Flipkart, cutting another 38.2% off its valuation of the India-based e-commerce marketplace.
Tsinghua Unigroup scraps plan to acquire stake in Taiwan's ChipMOS
Tsinghua Unigroup, an investment arm of China's state-backed Tsinghua Holdings, has scrapped its plan to invest in ChipMOS Technologies, a chip test and packaging company listed in Taiwan.
XIO Group to acquire Israel's Meitav Dash for $387m
XIO Group, a PE firm founded by several Asia-based investment professionals with a view to buying companies in North America and Europe and helping them tap emerging market opportunities, has agreed to acquire Israeli investment firm Meitav Dash for ILS1.48...
Taiwan's Appier raises $19.5m in Series B funding
Pavilion Capital, a private equity unit of Singapore’s Temasek Holdings, has joined a number of Asian VC firms in a $19.5 million Series B investment in Singapore artificial intelligence (AI) company Appier.
Australia's IFM opens Hong Kong office
IFM Investors, an investment manager owned by 29 Australian superannuation funds, has opened an office in Hong Kong and been granted a license by the Securities & Futures Commission.
American Express Ventures leads $4m round for IndiaLends
American Express Ventures, the corporate VC arm of credit card company American Express, has led a $4 million round of funding in Indian financial technology start-up IndiaLends.
Tsing Capital, SVC Angel back US-China IoT platform
China cleantech-focused VC firm Tsing Capital and US-based SVC Angel Fund have formed a partnership with IngDan, an internet-of-things (IoT) platform that aims to connect hardware start-ups with supply chain resources in China.
India infrastructure: Finding on-ramps
As capital patterns in the Indian infrastructure space evolve, the opportunity sets for private equity are being reshaped. Precisely calculated entry strategies will be the key to success
Jungle Ventures reaches $100m final close on SE Asia fund
Singapore-based Jungle Ventures has reached a final close of $100 million on its second fund, which will target Southeast Asian technology start-ups.
Australia's QIC announces partnership with Ping An
Australia’s QIC has reached an agreement with Ping An Asset Management (PAAMC), the asset management arm of Ping An Insurance, which will allow the Chinese group to tap into QIC’s experience in alternatives.
Accel closes fifth India VC fund at $450m
Accel Partners has closed its fifth India-focused venture capital fund at $450 million, less than two years after raising $305 million for the fourth vehicle.
China genomic services provider Novogene raises $75m
Novogene Technology, a Beijing-headquartered genomic services provider, has raised a $75 million Series B round from Chinese investors including CMB International, SDIC Innovation Investment and Shanghai Sigma Square Capital.
China Angel Plus raises $100m to back US start-ups
Angel Plus, a Chinese early-stage VC fund established by Michael Yu, co-founder of New Oriental Education, has launched a debut US dollar-denominated fund worth $100 million.
Lok Capital leads $6.6m round for Indian dairy brand
Lok Capital has led a INR450 million ($6.6 million) Series B round of funding for India’s HR Food Processing, which produces dairy products under the brand Oram.
Integral acquires majority stake in Tokyo-listed wig maker
Integral Corp. has acquired a majority interest in Aderans, a Japan-based provider of male and female wigs, for JPY17.1 billion ($150 million).
Cash in hand: India's demonetization policy
India's demonetization policy means short-term headaches for private equity, but probably long-term gains
India fundraising: Bifurcation point
Only a handful of India-focused private equity firms have shown they are able to raise funds $500 million or more. With LPs still wavering on India, however, membership of this select group is not guaranteed
Q&A: Samena Capital's Pavan Gupte
Samena Capital launched a dedicated India credit fund three years ago with $45 million in seed capital. Pavan Gupte, a managing director with the firm, explains how the middle market is evolving
India VC: Growing pains
The growth potential of India’s technology sector is unquestioned, but there have been relatively few spin-outs to threaten the incumbents. A couple of track record-boosting IPOs would help matters
India exits: Diamonds in the rough
Exit opportunities are available for savvy investors in India, and market professionals say prospects are good in the long term. But GPs are likely to continue to find the near future difficult