Regions
India venture debt: Innovation capital
Led by SVB India, venture debt providers are beginning to take root in India. Can this nascent asset class replicated its success in developed markets and become a viable option for domestic start-ups?
Asian GPs and AIFMD: Shades of gray
Many Asian managers are coming to terms with how the EU’s Alternative Investment Fund Managers’ Directive might impact their fundraising plans. Unfortunately the legislation remains difficult to fathom
China exits: Time to trade
Examined purely in dollar terms, China private equity trade sales offer little insight.
AIF sells India's Famy Care to US-listed Myland for $750m
AIF Capital has sold its stake in Famy Care, an Indian maker of female oral contraceptives, to US-based pharmaceutical firm Mylan Laboratories for $750 million plus contingent payments of up to $50 million.
VC investors exit battery maker BTR to China Baoan Group
Qiming Venture Partners, JD Capital and other VC investors have made a full exit from BTR China after Shenzhen-listed property developer China Baoan Group won regulatory approval to acquire the lithium battery maker.
Australia's EMR Capital raises $450m for mining fund
Australian resources-focused private equity firm EMR Capital has reached a final close of $450 million on its specialist mining fund, beating the $400 million target.
Shanghai mobile marketing firm gets $35m in PIPE financing
Dodoca Information Technology, a Chinese enterprise mobile marketing solutions provider, will raise RMB222 million ($35 million) from investors including Shenzhen Capital Group and its mutual fund arm Hotland Innovation Asset Management.
India's IL&FS reaches $40m first close on growth fund
India's IL&FS Investment Managers (IIML) - the PE unit of Infrastructure Leasing & Financial Services - has made a first close on its latest growth fund at $40 million.
Alibaba sets up non-profit VC unit to boost HK entrepreneurs
China’s Alibaba Group has created a HK$1 billion ($129 million) non-for-profit foundation to support Hong Kong start-ups.
Hahn & Co closes Fund II at $1.2b, raises $700m co-invest vehicle
Hahn & Co has reached a final close on its second South Korea buyout fund at the hard cap of $1.2 billion, and raised a separate $700 million co-investment pool to support the $3.6 billion acquisition of Halla Visteon Climate Control Corporation (HVCC).
Valiant leads $26m Series D for India's FirstCry
Valiant Capital Partners has led a $26 million Series D round for Brainbees Solutions, the Indian start-up behind babies and children-focused retailer FirstCry.com.
Sequoia leads Series B round for China P2P car-sharing app
Sequoia Capital has led a Series B round of funding for Tiantian Yongche, a Chinese peer-to-peer (P2P) car-sharing platform.
L Capital Asia exits India's PVR Leisure via share buyback
L Capital Asia has exited its stake in PVR Leisure, a unit of India multiplex operator PVR, via a share buyback arrangement with the parent.
Qiming, IDG back China B2B plastics trading platform
Qiming Venture Partners and IDG Capital Partners have led a $20 million Series A round of funding for Zhaosuliao.com, a Chinese B2B plastics trading platform.
Longreach buys jeweler Primo Japan from Baring Asia
North Asia-focused GP The Longreach Group has acquired Primo Japan from Baring Private Equity Asia, with a view to expanding the bridal jewelry specialist into mainland China.
Canada’s Fairfax Financial raises $1b for India investment unit
Canada-based Fairfax Financial Holdings has raised $1 billion for its recently-formed India investment unit through a combination of an IPO and a private placement.
Gobi, ABC lead $6m Series A for China's AutoBot
Gobi Partners and ABC Capital have led a $6 million Series A round for Chinese start-up AutoBot, which makes diagnostic tools for cars.
CDC invests $25m in rural-focused India rail freight business
CDC Group, the UK development finance institution (DFI), has committed $25 million to Indian railway freight handler Pristine Logistics.
Facebook co-founder leads round for Singapore property site
Eduardo Saverin, co-founder of Facebook and Singapore resident, has led a S$2 million ($1.5 million) round of seed funding for 99.co, a local property listings site. Sequoia Capital also participated alongside several entrepreneurs-turned-investors.
Clearwater makes partial exit from India's Oricon
Special situations investor Clearwater Capital Partners has made a partial exit from Mumbai-listed diversified company Oricon Enterprises, selling a 2.9% stake via an open market trade.
Lakeshore Capital invests $4.5m in Thailand steakhouse chain
Thailand-focused GP Lakeshore Capital Partners has invested $4.5 million in KT Restaurant, the Bangkok-based operator of mid-market steakhouse chain Santa Fe.
Navis tops off Fund VII with shariah-compliant vehicle
Navis Capital Partners has reached a final close of $1.5 billion on its seventh fund with the addition of a shariah-compliant parallel vehicle. The bulk of the international LP commitments, totaling around $1.3 billion, came by February of last year.
Alvarez & Marsal adds transaction advisory to Asia services offering
Alvarez & Marsal (A&M) is expanding its Asia operations with the addition of a pre-investment due diligence unit to complement existing performance improvement, turnaround management and business advisory services.
Japan's Integral to refinance bankrupt airline
Japanese GP Integral Corp. has agreed to refinance ailing domestic airline Skymark which filed for bankruptcy protection this week.