Region
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.
Abraaj buys Southeast Asia's Wine Connection Group
The Abraaj Group has acquired a majority stake in the Wine Connection Group, a Southeast Asia-focused food and beverage chain.
Pantheon gets emerging markets mandate from Finland's VER
Pantheon has won a EUR100 million ($124 million) mandate from Valtion Eläkerahasto (VER), the Finnish state pension fund, for investments across Asia and emerging markets.
Bain-backed Macromill acquires MetrixLab
Macromill, the Japanese online research firm controlled by Bain Capital, has bought Dutch marketing analytics firm MetrixLab. Financial terms of the deal were not disclosed.
SEBI mulls allowing FVCI infrastructure investments
The Securites and Exchange Board of India (SEBI), India's financial markets regulator, has proposed that Foreign Venture Capital Investors (FVCIs) be allowed to back Core Investment Companies (CICs) in the infrastructure space in a bid to encourage more...
Hera Capital re-ups in Philippines-based Cashcashpinoy
Singapore-based private equity investor Hera Capital has committed an additional $2 million in a Series B round of funding for Cashcashpinoy, a Philippines-based online shopping platform.
Malaysia's Axiata launches $30m fund with Mavcap
Malaysian telecom conglomerate Axiata Group has partnered with Malaysia Venture Capital Management (Mavcap) to set up a MYR100 million ($30 million) VC fund to invest in Malaysia’s digital services companies.
TPG, PAG consortium finalizes acquisition of Australia's DTZ
TPG Capital and PAG Asia Capital, together with co-investor Ontario Teachers' Pension Plan (OTPP), have completed their acquisition of DTZ, the property services arm of Australia-listed UGL, for an enterprise valuation of A$1.215 billion ($1.2 billion)....
Q&A: Draper Associates' Tim Draper
A third-generation venture capitalist, Tim Draper is founder of Draper Associates and founding partner of DFJ. He explains the key ingredients for rolling out the Silicon Valley model at home and overseas
Asian start-up hubs: Global mandates
Innovation hubs have traditionally been defined by the size of their immediately addressable market. But with better access to capital, information and technology, some Asian jurisdictions are going global
Private equity firm names: A brand apart
As private equity becomes more of a mainstream asset class, brand-consciousness kicks in. Finding a suitable name can be a challenge, particularly when operating in multiple markets and languages
Q&A: Oaktree's Howard Marks
Howard Marks, chairman of Oaktree Capital Management, gives his appraisal of the current investment and economic environments, and explains how his firm is developing its Asia strategy
Succession-planning deals: A matter of legacy
Long a feature of the developed markets private equity, succession-planning opportunities are beginning to pop up in emerging Asia. Regardless of geography, convincing a founder to sell his business is a challenge