Region
China GPs see window of opportunity to work with corporates on outbound M&A - M&A Forum
China-focused GPs are cautious about partnering with Chinese corporates on outbound M&A deals, although there is increasing demand for their support in terms of identifying acquisition targets and facilitating post-investment integration.
Deal focus: VIG sees upside in sector that will never die
Korea's ageing population means greater demand for funeral services and smaller household sizes suggest a growing need for support to pay for them. In Good Sangjo, VIG Partners believes it has a business that can capitalize on these trends
Deal focus: Grana takes fashion to the information edge
With $10 million in Series A funding, Hong Kong fashion e-commerce business Grana is looking to accelerate expansion of its high-automation, low-cost and high-quality service offering
3Q analysis: Deep pockets of the state
Fundraising hits a record quarterly high, thanks entirely to Chinese government-backed vehicles; Australia, Southeast Asia compensate for investment slowdown in China; India shines on exits
Chinese corporates climbing learning curve on outbound deals - M&A Forum
Chinese corporates are becoming savvier in how they target overseas assets and engage in M&A activity, but preparation and sound advice are essential to deal execution and post-investment integration, industry participants told the China M&A Forum.
PE-backed Azure Power raises $61.4m in US IPO
Azure Power, an Indian solar panel company backed by several PE investors, has raised $61.4 million in its IPO on the New York Stock Exchange.
GM invests in VC-backed China car-sharing platform
General Motors has bought a stake in Chinese car-sharing company Yi Wei Xing, which is backed by Langmafeng Ventures and Fujian Huaxing Venture Capital.
Thai strategic buys stake in PE-backed US restaurant chain Red Lobster
Thailand-based seafood supplier Thai Union Group has invested $575 million in Red Lobster, a US-based seafood restaurant chain majority-owned by Golden Gate Private Equity.
China's Baidu launches $3b technology fund
Chinese search giant Baidu has established a RMB20 billion ($3 billion) investment fund, called Baidu Capital, to target mid- and late-stage deals in the internet industry.
TPG-owned Ingham's targets up to $843m in Australia IPO
Ingham’s Enterprises, an Australian poultry producer owned by TPG Capital, is seeking to raise up to A$1.12 billion ($843 million) through a domestic IPO.
Abacus, Gaw partner on Australia real estate fund
Hong Kong-based private equity real estate investor Gaw Capital Partners has partnered with Australia's Abacus Property Group on an Australia-focused real estate fund.
Morgan Stanley invests $46m in Thailand diaper maker DSG
Morgan Stanley Private Equity Asia (MSPEA) has invested THB1.6 billion ($45.6 million) in DSG International Thailand, a maker of baby and adult diapers.
China K12 education platform Xuele raises $200m Series C
Xueleyun, a Chinese education platform, has raised a $200 million Series C round led by China-based PE firm New Horizon Capital. Existing investors GSR Ventures and Huaxin Shiji Investment also participated in the round.
CLSA acquires Japanese BPO firm
CLSA Capital Partners has acquired Japanese business process outsourcing (BPO) company Outsourcing Investments (OSI).
Profile: Saama Capital's Ash Lilani
Ash Lilani of Saama Capital has seen India’s VC community develop from pure growth deals to support a population of true entrepreneurs. Now he hopes to help the country keep building on its strengths
Deal focus: Tricor attracts a scarcity premium
Permira fought off the competition to secure Hong Kong-headquartered corporate and investor services provider Tricor Global. Now the GP plans to pursue a buy-and-build strategy
Deal focus: Korean start-up looks beyond fintech logjam
Viva Republica's payments app is said to be the fastest-growing of its kind globally, but the company is now looking to expand into other geographies and other areas of financial services
China's PE-backed Tongcheng merges with Wanda Tourism
Chinese conglomerate Dalian Wanda Group has spun out its travel-related assets and merged them with a subsidiary of Tongcheng Network Technology, a PE-backed online travel platform. The aim is to create China's largest online-to-offline (O2O) travel business....
China bike-sharing app Ofo raises $130m Series C
Ofo, a Chinese online-to-offline (O2O) bike-sharing platform, has raised a $130 million Series C round of funding across two tranches.
KKR platform Emerald Media commits $50m to Indian streaming site
Emerald Media, a pan-Asian media and entertainment investment platform founded by KKR, has committed $50 million to India and US-based video-streaming provider YuppTV.
China's CSC Group backs UK AI incubator
Chinese private equity firm CSC Group has invested in Founders Factory, a London-based accelerator and incubator, with a view to getting exposure to artificial intelligence (AI) technology start-ups.
Invascent invests $6m in Indian IVF clinic chain
Indian healthcare-focused GP Invascent Capital has committed $6.2 million to in-vitro fertilization (IVF) clinic chain Oasis Centre for Reproductive Medicine.
Singapore's New Silkroutes launches private equity JV
Singapore-listed energy trading company New Silkroutes Group (NSG) has formed a joint venture with three parties to develop private equity funds targeting healthcare and infrastructure in emerging and developed Asia.
Philippines' Xurpas buys VC-backed mobile ad firm
Early-stage VC firm Wavemaker Partners has made a full exit from Art of Click as Philippines-based mobile service developer Xurpas acquired the Singaporean mobile advertising player in deal worth $45 million.