Regions
India's Edelweiss names Pranav Parikh as head of PE
Indian financial services group Edelweiss has appointed Pranav Parikh to lead its private equity, seed and venture capital funds business.
Warburg Pincus invests $200m in China serviced apartment chain
Warburg Pincus has made a follow-on investment in Mofang Gongyu, committing nearly $200 million across two rounds of funding for the Chinese serviced apartment developer.
CalPERS, QIC agree $764m Asia infrastructure partnership
Australia-based QIC has teamed up with California Public Employees' Retirement System (CalPERS) to create a A$1 billion ($764 million) Asia-Pacific focused infrastructure partnership.
Ant Financial launches $160m internet finance fund
Ant Financial Service Group, Alibaba Group’s online financials services affiliate, has launched a RMB1 billion ($160 million) fund to invest in internet and finance companies.
IFC invests $150m in China's Tian Lun Gas
International Finance Corporation (IFC) and its subsidiary IFC Asset Management (AMC) have invested $150 million in Hong Kong-listed gas supplier China Tian Lun Gas Holdings.
Qiming leads $30m round for China internet security firm
Qiming Venture Partners has led a $30 million Series B round of funding for FraudMetrix, a Chinese internet security solutions provider.
US digital payment firm raises $28m for Asia expansion
US-based online payment system developer Ripple Labs is looking to expand in Asia on the back of a $28 million Series A round provided by investors including IDG Capital Partners and AME Cloud Ventures.
Go Scale sets up PE exit of China's Lattice Power
Go Scale Capital has led a transaction whereby a majority stake in its Chinese portfolio company, Lattice Power, has been sold to Shunfeng International Clean Energy (SFCE). The sellers will receive HK$2.04 billion ($263 million) worth of shares in Hong...
IBM, Samurai to launch second Tokyo start-up program
IBM BlueHub - IBM's Japan incubation program - has started taking applications for its second start-up accelerator in partnership with Tokyo-based early-stage investor Samurai Incubate.
IDG joins take-private consortium for China's Sungy Mobile
IDG Capital Partners has thrown its weight behind a management-led bid to privatize NASDAQ-listed Chinese app developer Sungy Mobile. The deal values the company at approximately $155 million.
Tiger Global continues run of Just Dial share sales
Tiger Global continues to exit India-listed online business directory Just Dial, selling a 5.37% stake - half of its remaining 9.18% holding - for INR4.08 billion ($64 million) via an open market transaction.
Orient PE unit bids for China mobile games developer
A private equity unit of Chinese brokerage Orient Securities has submitted a take-private bid for NASDAQ-listed game developer China Mobile Games & Entertainment Group (CMGE).
Tsinghua buys HP’s China data-networking business – update
Tsinghua Holdings has agreed to buy a majority stake in Hewlett-Packard's (HP) China-based data-networking business for approximately $2.3 billion.
Sequoia leads $16m Series B round for India's Akosha
Indian customer feedback platform Akosha has raised $16 million in a Series B round led by existing investor Sequoia Capital.
Australia's PE Gateway Group backs messaging service
Australia-based Private Equity Gateway Group (PEGG) has invested in U&Me Communication, a subsidiary of Malaysia’s OM Technology that has developed a mobile messaging platform.
Vietnam's FPT launches venture capital arm
Vietnamese tech group FPT Corporation has launched FPT Ventures, its new venture capital and accelerator unit, which will manage a $3 million fund targeting seed and Series A stage investments.
Tiger Global commits $5m to India tea chain Chaayos
Chaayos, a Delhi-based chain of teahouses, has raised $5 million in Series A funding from Tiger Global. Ola co-founders Bhavish Aggarwal and Ankit Bhati have also invested an undisclosed amount.
China hardware start-ups: Maker's mark
Best known as the go-to location in China for cheap electronics manufacturing, Shenzhen is now emerging as a Silicon Valley for hardware. Can these start-ups get traction with software-focused VCs?
China late-stage tech: Chasing unicorns
Capital is flooding into China-based internet companies, with PE firms, family offices, hedge funds and strategic players all-too-willing to support large, late-stage rounds. Not everyone will emerge a winner
Q&A: Hony Capital's John Zhao
Hony Capital CEO John Zhao expects to see more control opportunities arising from domestic succession planning, cross-border expansion and restructuring. He explains how his firm is preparing the ground
China hospitals: Complicated prescription
Private equity investors see huge opportunities in China’s hospital space on the back of healthcare reforms. But valuations are high, doctors are in limited supply, and regulation can be a headache
China middle market: Filling the void
A clutch of China GPs now manage funds of $1 billion or more, leaving the traditional middle market space underserved. Those that remain must convince LPs they can deal with a changing opportunity set
Changing China: Economics and private equity
The phrase "new normal" has been used so frequently with regard to China’s economy in recent years that one wonders when it might reach its sell-by date.
Gopher, Hillhouse back Huatai Securities' Hong Kong IPO
A fund managed by Gopher Asset Management, a unit of Chinese wealth management firm Noah Holdings, and Hillhouse Capital Management are among 13 cornerstone investors that have committed HK$14.7 million ($1.9 billion) to Huatai Securities’ Hong Kong...