Region
Samurai Incubate targets Tel Aviv
When Prime Minister Shinzo Abe travels to Israel later this month it will be the first time a Japanese leader has visited the country since Junichiro Koizumi in 2006.
Yunfeng joins $1.6b deal for China drug maker Baiyunshan
Yunfeng Capital and other investors have agreed to invest up to RMB10 billion ($1.6 billion) in Chinese drug maker Guangzhou Baiyushan Pharmaceutical Holdings.
India's ChrysCapital makes $108m partial exit from ING Vysa
Indian GP ChrysCapital Partners has made a partial exit from ING Vysya Bank via an open market transaction, selling just over 80% of it holding for around INR6.7 billion ($108 million).
L Capital Asia targets India e-commerce
L Capital Asia, a PE firm sponsored by French luxury goods conglomerate LVMH Group, could invest up to $150 million in India this year as it targets opportunities in the country's fast growing e-commerce sector.
VC-backed 51Talk acquires education counterpart 91Waijiao
51Talk.com, a Chinese online English-learning platform backed by several VC investors, has acquired industry peer 91Waijiao.com for an undisclosed sum.
Japan's GPIF: Situations vacant
Hiro Mizuno is an intriguing choice as the first CIO of Japan's Government Pension Investment Fund (GPIF). His qualifications are not about to be questioned here, but rather what his appointment means as the Japanese behemoth prepares to add helpings...
Cheetah Mobile plans fund to support Taiwan start-ups
Cheetah Mobile, formerly Kingsoft Corporation’s internet security software division, plans to set up a NT$100 million ($3.1 million) fund to invest in Taiwan-based mobile internet start-ups.
Samurai Incubate launches Japan, Israel-focused fund
Japanese incubator and early-stage investor Samurai Incubate has launched a JPY1 billion ($8.3 million) fund with a new focus on Israeli start-ups.
Japanese 3D printing start-up raises $3.6m
A consortium of venture capital investors has committed JPY400 million ($3.6 million) to JMC, a Japanese casting and 3D printing services firm.
VIDEO: Advantage Partners' Richard Folsom
With an increasing number of Japanese companies looking to expand overseas, strategies to support these efforts feature more prominently in Advantage Partners' investment theses, according to Richard Folsom, the Tokyo-based GP's representative partner...
Carlyle promotes Hiroyuki Otsuka to partner in Japan
The Carlyle Group has promoted Hiroyuki Otsuka, a member of its Japan buyout team, to partner as part of global round of 59 appointments, including five in Asia.
India's VC-backed Zomato acquires US-based Urbanspoon
Zomato, a VC-backed restaurant search service based in India, has acquired US-based counterpart Urbanspoon as it seeks to accelerate growth in overseas markets.
China online payment site Aixuedai raises $40m Series A round
Aixuedai, a Chinese online payment platform that finances purchases of consumer electronics, has completed a $40 million Series A round of funding.
CPPIB, Longfor set up JV to invest in Suzhou commercial property
Canada Pension Plan Investment Board (CPPIB) has formed a joint venture with Chinese real estate developer Longfor Properties to invest in a mixed-used project in Jiangsu province, China.
China e-commerce player WoWo files for US IPO
WoWo, which came to prominence as operator of the 55tuan group-buying site before expanding into a broader entertainment and lifestyle-focused e-commerce platform, has filed for a US IPO.
JD, Tencent invest $1.55b in Chinese online auto platform
Chinese online retailer JD.com and its investor Tencent Holdings have formed strategic partnership with Bitauto, committing $1.55 billion in the auto e-commerce operator and its investment unit.
Infosys expands Innovation Fund five-fold to $500m
Indian IT and business consulting firm Infosys has expanded its early-stage investment vehicle - Innovation Fund - from its original $100 million corpus to $500 million.
Hony scraps plan to purchase Chongqing hotpot chain
Hony Capital has abandoned its plan to buy Chongqing Cygnet Hotpot, a Chinese hotpot restaurant chain backed by Sequoia Capital and SIG Asia.
China's BVCF provides $8m round for US biotech firm
China-focused biotech investor BVCF has led an $8 million Series A round of funding for DiaCarta, a US-based firm that develops test kits for detecting cancer.
Alibaba to invest in Indian e-commerce, payments platform
Alibaba Group has agreed to invest at least $550 million in One97 Communications, owner of India-based mobile commerce platform and payments solution provider Paytm, which has several venture capital backers.
EIG hires CIC's oil and gas head to lead Hong Kong office
EIG Global Energy Partners has hired Yangyang Liu, formerly of China Investment Corporation (CIC) as managing director in its recently-established Hong Kong office.
India's Multiples set for $325m first close on Fund II
Indian mid-market GP Multiples will reach a $325 million first close on its second fund by end of this month, with a final close of $650 million slated for around September.
Google Capital backs India real estate platform CommonFloor
Google Capital has provided a new round of funding for CommonFloor.com, an India-based property listings website.
Ally Bridge leads $25m round for Shanghai Hua Medicine
Ally Bridge Group, a healthcare-focused PE firm, has led a $25 million Series B round of funding for Hua Medicine, a Shanghai-based clinical-stage biotech company.