Regions
JD Capital buys traditional Chinese medicine business
JD Capital has bought a 60% stake in Baoding Zhong Yao, a traditional Chinese medicine (TCM) manufacturer.
WestBridge invests $16m in Indian housing finance company Aptus
WestBridge Capital Partners has invested INR980 million ($16 million) in India Aptus Value Housing Finance, an affordable housing finance company.
Canada's Fairfax Financial launches India investment unit
Fairfax Financial Holdings, which previously acquired Thomas Cook India through Fairbridge Capital, is launching a publicly-traded unit that will target investments in the country.
Revived vacuum retailer Godfreys set for Australia IPO
Australian vacuum and cleaning products retailer Godfreys Group, which was acquired by Unitas Capital and Pacific Equity Partners (PEP) and then taken over by creditors after running into trouble, is preparing to go public following a turnaround.
CVC invests $150m in Marubeni's Japan broadband business
CVC Capital Partners has acquired a 50% stake in enterprise-focused Japanese telecommunications carrier Arteria Networks - a unit of Japanese conglomerate Marubeni - for $150 million.
Tsinghua University PE unit acquires Hong Kong private jet business
Tsinghua Holdings Capital, a private equity fund ultimately controlled by an investment arm of Beijing's Tsinghua University, has acquired Hong Kong-based private jet company Sino Jet Management.
PE investors set for another JD.com windfall
Capital Today, DST Advisors and Hillhouse Capital Management will sell more shares in Chinese e-commerce giant JD.com through a follow-on offering.
CITIC Capital buys control of Chinese education player
CITIC Capital Partners has acquired a majority stake in Study & Share Education Company, a Chinese test preparation and training business dedicated to the construction sector.
Nippon Life raises stake in India's Reliance Capital
Japanese insurer Nippon Life has agreed to increase its stake in India's Reliance Capital Asset Management and could end up owning 49% of the company.
BVCF leads Series A for Shanghai immunotherapy firm
China-focused healthcare investor BVCF has led an undisclosed Series A round of funding for CARsgen, an immunotherapy firm that focuses on treating cancer.
China's Ally Bridge ventures into German healthcare
Ally Bridge Group, a healthcare-focused PE firm based in Hong Kong and the US, has made its first investment in Europe, participating in a EUR6.6 million ($8 million) round of funding for Pieris, a Munich-based clinical-stage biotechnology firm.
Chinese steel manufacturer invests in $163m PE fund
Guangzheng Group, a Shenzhen-listed steel manufacturer, has invested RMB20 million ($8.25 million) in a private equity fund jointly launched by a unit of Tsinghua Holdings and Harvest Capital, which has a target size of RMB1 billion.
PE-backed Manpasand Beverages files for India IPO
Manpasand Beverages, the PE-backed drinks maker behind Mango Sip, is looking to raise as much as INR4 billion (INR64.6 million) through an India IPO.
Goldman leads $36m round for Korean food-ordering platform
A Goldman Sachs-led consortium has invested KRW40 billion ($36 million) in Woowa Brothers Corp, owner and operator of Baedal Minjok, South Korea’s leading digital food-ordering platform.
Visteon confirms PE talks over Korea divestment
US auto parts maker Visteon Corp. has confirmed it is in negotiations with private equity firm Hahn & Co. over the potential sale of its South Korea-based subsidiary Halla Visteon Climate Control Corp. (HVCC).
Emerald Hill North Asia head to set up China fund-of-funds
Tommy Yip, partner and head of North Asia at Emerald Hill Capital Partners, has resigned from his position. He is expected to form a new China-focused fund-of-funds.
SSG buys stake in India distressed assets specialist
Asia special situations investor SSG Capital Partners has acquired a 49% stake in Asset Care & Reconstruction Enterprise (ACRE), which acquires distressed debts from Indian banks, for INR410 million ($6.6 million).
SummitView, Shanghai government launch $1.7b PE fund
SummitView Capital has partnered with the Shanghai government to launch a RMB10 billion ($1.7 billion) private equity fund, which will invest in semiconductor manufacturers.
Lighthouse leads $5m Series C round for hearing aid maker
Shanghai-based Lighthouse Capital has led a $5 million Series C round of funding for affordable hearing aid maker iHear Medical.
Q&A: Everstone Capital's Atul Kapur
Everstone Capital is currently raising its third fund, which will target India and Southeast Asia. Atul Kapur, the firm’s co-founder and managing partner, looks back on existing investments and offers insight into future ones
India early stage: Sowing seeds
India’s young demographic and growing mobile adoption is an opportunity waiting to be tapped for early-stage investors. Industry incumbents are making the most of it, but there is room for more
India fundraising: Moment of truth
With investor sentiment in India’s public markets on a roll, a host of mid-market private equity firms are either in fundraising mode or about to enter it. For some managers, at least, it will be a difficult process
India control deals: Are you buying it?
The India private equity buyout thesis is gathering momentum, with economic and generational factors swinging in the industry’s favor. GPs must convince LPs that they have the skills to execute this strategy
India exits: Cashing out
Exits have been the bane of Indian private equity, with many GPs struggling to monetize investments made before the global financial crisis. Optimism has returned to the country; so have exits. But will it last?