Region
Taiwan's Cathay buys PE-owned Conning for $240m
Cathay Life Insurance, Taiwan’s largest insurer, has agreed to buy Conning Holdings, an asset manager owned by US private equity firm Aquiline Capital Partners, for $240 million.
Being global is about being good, not big - AVCJ Forum
The priority when building a global company is creating quality, not necessarily expanding outside your local market, industry participants told the AVCJ Forum.
Japan's J-Star buys two healthcare providers
Japanese mid-market buyout firm J-Star has acquired two new care providers - Nagoya-headquartered Nurse Call and Kanagawa-based Kairos & Company - within weeks of its 5x exit from similar business HCM Corporation.
Silver Lake overcame doubters to secure Alibaba deal – AVCJ Forum
Silver Lake’s 2.2% stake in Alibaba Group is worth more than $6 billion at current market prices, but internal approval for the original investment in the Chinese e-commerce player in 2011 did not come easily.
Q&A: Zoyi Capital's Andrew Kuo
Andrew Kuo has spent two decades working on China deals, first as a banker and then as an investor with H&Q Asia Pacific and The Blackstone Group. He formed Zoyi Capital to focus on the China-Taiwan angle
Taiwan VC: Captive element
Taiwanese corporations are launching captive VC units to invest in technologies that can update their product offerings. The new source of funding is welcome in the absence of independent VCs, but is it a panacea?
Beyond Beijing: Taiwan's trade dilemma
Taiwan’s future success as a foreign investment – and a private equity – destination largely hinges on the future of its free trade relationships. But the territory must first manage its ties with mainland China
Taiwan LPs: Hare and tortoise
GPs are watching with interest as Taiwan restructures its labor pension fund system, thinking of potential LP commitments. But insurers remain the most active players in the market, and they want to do more
Taiwan: Back from the brink
The telling blow came in the American Chamber of Commerce in Taipei’s (AmCham) 2013 White Paper: Taiwan ranks second last among 17 Asian countries – trailing Sri Lanka and ahead of only Pakistan – in attracting private equity investment. The data used...
More China GPs look to tap outbound opportunity - AVCJ Forum
PE investors are seeing more outbound opportunities as China enters its second stage of development, industry participants told the AVCJ Forum.
KKR, CITIC offer to buy controlling stake in United Envirotech
CITIC and KKR have offered to buy a controlling stake in United Envirotech (UEL) in a deal that values the Chinese waste water treatment company at S$1.9 billion ($1.5 billion).
VCs worried but enthused by frothy China tech sector - AVCJ Forum
The flood of capital entering China’s technology space is a concern for VC investors, but they remain firm believers in the emerging generation of mobile-enabled consumers that is driving interest in the sector.
Bain nets $400m through part-exit from India's Hero MotorCorp
Bain Capital has completed a second partial exit in five months from Indian motorcycle manufacturer Hero MotorCorp, raising INR24.5 billion ($400 million).
Forum Synergies leads Series B round for Indian ethnic clothing retailer
Forum Synergies has led a Series B round of funding worth INR300-500 million ($4.9-8.1 million) for CBazaar.in, an Indian online ethnic fashion retailer.
VC-backed Chinese dating app Momo files for US IPO
Momo, a Chinese location-based social-networking app best known for its “flirting” function, has filed for a US IPO. Backers include Alibaba Group, Matrix Partners, Yunfeng Capital and Sequoia Capital.
GSR commits $2m to China enterprise management app
GSR Ventures has committed $2 million in a Series A round of funding for Waiqin365, a Chinese customer relationship management (CRM) mobile app.
GIC invests $391m in Philippines liquor producer Emperador
GIC Private has agreed to pay PHP17.6 billion ($391 million) for a 9.64% stake in Emperador (EMP), a Philippines-based liquor producer. Its parent is Alliance Global, a conglomerate controlled by local businessman Andrew Tan.
CLSA raises $210m for second Japan fund
CLSA Capital Partners has reached a final close of $210 million on its second Japan-focused fund - Sunrise Capital II.
Infinity Venture launches third China, Japan fund
Japanese tech-focused investor Infinity Venture Partners has launched its third fund - Infinity e.venture Asia III - which will focus on start-ups in Japan and China.
SIG, SoftBank back China wearables maker Codoon
SoftBank China Venture Capital (SBCVC) and SIG Asia have invested $30 million in a Series B round of funding for Codoon, a Chinese wearable electronic devices manufacturer.
TVS Capital consortium picks 26% stake in IEX
A consortium led by TVS Capital Funds has agreed to buy a 25.64% stake in Indian Energy Exchange (IEX) for INR5.76 billion ($94 million) from Blackstone-backed Financial Technologies India (FTIL).
Ex-AVCJ chairman elected Nevada state treasurer
Dan Schwartz, former chairman of AVCJ, has been elected Nevada state treasurer, defeating Kim Wallin, the current Democratic state controller.
KPCB China's Tina Ju launches new fund under TDF banner
KPCB China's Tina Ju is reactivating the TDF Capital franchise as she looks to raise $200 million for a venture capital fund that will target technology, media and telecom, consumer and healthcare deals.
Qiming, Innovation Works invest $22m in China Face++
Qiming Venture Partners and Innovation Works have participated in a $22 million Series B round of funding for Face++, a Chinese face recognition technology developer.