Regions
Actis agrees exit from India's Phoenix Lamps
Private equity firm Actis has reached an agreement to exit its stake in Indian automotive lighting manufacturer Phoenix Lamps to cable maker Suprajit Engineering.
Thailand payment services provider gets Series A round
Indonesian venture capital fund SMDV has a $2.6 million Series A round for Thailand-based payment solutions start-up Omise.
Quadrant exits New Zealand lender Heartland
Quadrant Private Equity has exited Heartland New Zealand, selling its 8.75% stake in the lender for NZ$53.5 million ($40.1 million) through a block trade.
Australia's portfolio disclosure rule pushed back again
The Australian government has once again deferred introduction of portfolio holdings disclosure legislation that could require domestic LPs to reveal the identity and investments of each PE and VC fund they back.
Australia mezzanine: Compromise solution
The rise of holdco PIK debt has created Australia-based financing structures in which senior lenders and mezzanine providers can coexist. They also offer GPs greater flexibility at what is, for now, an acceptable price
Deal focus: LeapFrog seals debut Indonesia deal
Indonesia's middle class is expected to jump from 70 million in 2012 to more than 140 million by 2020 – representing more than half of the country’s population – according to the Boston Consulting Group. Financial services should benefit from this...
Indonesia infrastructure: Proceed with caution
Having promised a massive increase in infrastructure spending, Indonesia’s government wants foreign investors to help move projects along. Private equity players see opportunities, but also risks
Deal focus: A Sino-French solution to liver disease
Inner Mongolia FuRui Medical Science (FuRui) started out two decades ago as a pure-play drug manufacturer, but then it found its niche developing diagnostic equipment and treatment for liver disease. Looking to bring in overseas technology, it acquired...
LP interview: CDC Group
Four years ago, controversy and political pressure forced the UK’s CDC Group into a major shift in strategy. Managing Director Alagappan Murugappan explains how the development fund has evolved since then
CITIC Capital buys Japan apparel brand
CITIC Capital has acquired Japanese women's apparel company Mark Styler for an undisclosed sum.
PE-backed Numero Uno files for India IPO
Indian apparel retailer Numero Uno Clothing has filed for an IPO, hoping to raise INR650 million ($10 million) and providing a partial exit for its backer, AA Indian Development Capital Advisors.
Spring Capital's Vanzo merges with Shanghai-listed Kaile
Spring Capital has merged mobile handset manufacturer Vanzo Communication Technology with Shanghai-listed Hubei Kaile Science and Technology. This represents a liquidity event for the China-focused investor.
Warburg Pincus leads round for China designated driver service
Warburg Pincus has led a $100 million Series D round of funding for eDaijia, a Chinese mobile-based service that connects users with temporary drivers for their vehicles. Two existing investors, Matrix Partners China and Lightspeed China Partners, are...
Anthem invests in Myanmar mobile data collection platform
Myanmar-focused investor Anthem Asia has provided funding to Xavey, a local mobile data collection platform that works with groups conducting research and surveys.
Morning Crest leads $5.1m round for Australia's Airtasker
China's Morning Crest Capital has led a A$6.5 million ($5.1 million) investment in Australian local services marketplace Airtasker.
Fund focus: Unison hones in on South Korea
Comparisons can be drawn between Unison Capital’s debut Korea buyout fund and its first Japan vehicle raised more than 15 years ago. The targets are small- to mid-size companies that have growth potential but need help realizing it, particularly in...
Deal focus: 2C2P plots regional expansion
Southeast Asia-focused payments provider 2C2P has made substantial progress in Myanmar over the last 12 months. It has introduced the country’s first mobile-based point-of-sale payment solution, issued prepaid cards that link to a mobile app, and launched...
China retail 2.0: The O2O effect
There are more than 2,500 retailers on Tmall, Alibaba Group’s business-to-consumer (B2C) e-commerce platform, claiming to sell products made by Chinese sportswear brand Li-Ning.
KKR-owned MMI completes $580m refinancing
MMI, a Singapore-based hard disk drive components manufacturer owned by KKR, has secured a $520 million term loan and a $60 million five-year secured revolving credit facility to refinance its outstanding debt.
Unison closes debut Korea fund at $280m - update
Japan-based private equity firm Unison Capital has closed its first-ever Korea-dedicated buyout fund at approximately KRW300 billion ($280 million).
NewMargin leads $200m round for China advertising platform
NewMargin Ventures has led a $200 million Series B round for Panshi Information Technology, valuing the Chinese digital marketing platform at $1 billion.
KKR makes partial exit from China’s Far East Horizon
KKR has made a partial exit from Far East Horizon, a financial leasing company that is part of the Chinese trading conglomerate Sinochem Group.
Australian web design start-up Canva raises $6m
Canva, an Australian platform that allows amateur designers to create web graphics using drag-and-drop tools, has raised $6 million in a fresh round of funding led by existing investors Matrix Partners and Shasta Ventures.
Indonesia's Kudo gets Gree Ventures, East Ventures backing
Japan's Gree Ventures and East Ventures have led a undisclosed Series A round investment in Indonesian online-to-offline (O2O) e-commerce start-up Kudo.