Region
Aberdeen Asset Management buys FLAG Capital
Aberdeen Asset Management has bought FLAG Capital Management, the US-based firm that acquired Asia-focused fund-of-funds Squadron Capital in 2012. The financials of the transaction were not disclosed.
Everstone hires head of capital markets, exits
India and Southeast Asia-focused Everstone Capital has named Bhavna Thakur as its head of capital markets and exits.
China's Weibo invests $142m in local taxi-booking platform
Chinese social media platform Weibo Corporation has invested $142 million in Kuaidi Dache and Didi Dache, the country’s leading mobile taxi-booking services, which recently agreed to merge.
China VC activity will continue to thrive - AVCJ Forum
Chinese VC deal activity is expected to retain its strong momentum over the next few years, largely due the increasing diversity of exit channels.
PE-backed SSI to acquire Australia, New Zealand marketing firms
Survey Sampling International (SSI), a US-based market research company backed by Palo-Alto PE firm HGGC, will acquire online research panels MyOpinions, of Australia, and SmileCity Limited, of New Zealand.
Accel, China's DJI launch $10m drone fund
Accel Partners and Chinese drone maker DJI - an Accel portfolio company - have launched a $10 million fund targeting start-ups developing drone-related products and services.
GIC, BlackRock cornerstone CITIC PE-backed 3SBio's IPO
GIC Private and BlackRock have joined four other investors to cornerstone Chinese biotech pharmaceutical developer 3SBio's relisting in Hong Kong, two years after it was taken off NASDAQ by CITIC Private Equity.
India's ChrysCapital exits stake in Mankind Pharma
ChrysCapital Partners has sold its 11% stake in India-based Mankind Pharma to investment firm Capital International for just over $200 million, valuing the company at about $2.2 billion.
China seeing more liquidity, increased competition for deals - AVCJ Forum
China’s private equity industry is seeing greater liquidity than in recent years but competition for deals – the operating partners required to make investments work – is intensifying, GPs told the AVCJ China Forum.
Portfolio: Navis Capital and Thailand's Golden Foods Siam
Navis Capital Partners wanted to let the management of Golden Foods Siam off the leash. Six years in, initiatives are taking wing and the company has established itself as Thailand's third-largest chicken producer
YJ Capital, East Ventures back Japan big data start-up
YJ Capital - the corporate venture capital arm of Yahoo Japan - and East Ventures have invested JPY260 million ($2 million) in Use Local, a Japanese big data start-up.
China operating partners: Control candidates
As the nature of private equity in China has evolved, so have firms' needs in terms of operational talent. The challenge is finding - and then retaining - the right person for the job
Deal focus: Go Scale out to dominate global LED
Go Scale Capital, a China-based investment fund sponsored by GSR Ventures and Oak Investment Partners, wants to build the world's largest LED company. It has now announced two notable deals in the space, most recently the sale of a majority stake in its...
Institutional investors: Join the club
Tales of large pension funds and sovereign wealth funds gathering in five-star hotels to map out their ultimate dominance of private equity are legion, if perhaps overblown.
Energy: A world beyond funds
A small but growing band of GPs are modifying the conventional PE fund model in favor of solutions that better meet their needs. For those with long-hold, asset-heavy strategies, the future may lie in platforms
TVS Logistics, Tata Opportunities to acquire DIESL
India's Tata Capital will acquire a minority stake in TVS Logistics Services and support the company in its acquisition of Drive India Enterprise Solutions (DIESL).
Deal focus: Corporate services consolidation play
Each of the world's four largest corporate service providers, which assist with the formation and administration of companies, trusts and funds, has a private equity backer. They are supplying the firepower for a round of consolidation that could see...
Deal focus: China's Remix plans to rattle Windows
"Many people look at us and think we're a hardware company. That's actually not accurate," says Jeremy Zhou, co-founder of Beijing-based Jide Technology. "What we really focus on isn't the hardware product but a new operating system (OS) inside the tablet."...
ICICI Venture exits India's Future Lifestyle
ICICI Venture has exited its stake in Future Group-owned India apparel company Future Lifestyle Fashion (FLF) through an open market transaction.
Deal focus: CLSA tools up with Astro Products deal
Two years ago CLSA Capital Partners made its maiden investment from Sunrise Capital II, a $210 million Japan-focused fund that launched 16 months earlier. The company was BCN, a used car auction site operator based in Saitama prefecture, which CLSA acquired...
VIDEO: Saratoga Capital's Sandiaga Uno
Saratoga Capital is focusing on infrastructure opportunities in Indonesia with a particular emphasis on power and telecommunications, according to Sandiaga Uno, one of the firm’s founding partners
Marunouchi Capital exits Japanese toymaker Takara Tomy
Marunouchi Capital has sold the last of its stake in Japanese toymaker Takara Tomy via an open market sale.
Indian regulator rejects Baring Asia's Sharekhan buyout
India's Foreign Investment Promotion Board (FIPB) has rejected Baring Private Equity Asia's bid to buy IDFC's stake in Mumbai-based brokerage Sharekhan.
Lixil unit files for insolvency less than 18 months after PE exit
Japanese bathroom fitting company Lixil is set to lose at least JPY41 billion ($337 million) after its German-listed Chinese subsidiary, Joyou AG, filed for bankruptcy. Lixil acquired the business after it bought German faucet maker Grohe from TPG Capital...