Regions
Creador offloads more of Repco Home Finance
Creador has made another partial exit from India's Repco Home Finance (RHF), bringing its stake in the company to just under 2%.
Hony eyes buyout opportunities in healthcare, restaurants
China-focused GP Hony Capital is seeing more buyout opportunities involving healthcare and restaurant chains and it has created two sector-focused operational teams to consolidate these industries.
PE firms settle with Asahi over Independent Liquor sale
Pacific Equity Partners (PEP) and Unitas Capital have agreed a private settlement with Asahi over the sale of Independent Liquor that means the dispute will not proceed to trial.
Warburg Pincus invests $90m in India's Laurus Labs, Fidelity part exits
Warburg Pincus has paid INR5.5 billion ($89.6 million) for a minority stake in Indian drug maker Laurus Labs, triggering a partial exit for Fidelity Growth Partners India.
DFJ-owned Wavemaker bolsters Southeast Asia team
Singapore-based early stage VC Wavemaker Pacific - a member of the DFJ Global Network - has appointed two tech entrepreneurs, Dennis Goh and Nix Nolledo, to its investment team.
Jynwel Capital targets Asia oil producer Salamander Energy
Salamander Energy, an Asia-focused oil and gas exploration and production company, has received a buyout offer from Jynwel Capital, a Hong Kong-based PE firm controlled by Malaysian businessman Jho Low.
Japan’s MegaChips to buy VC-backed SiTime
MegaChips Corp, a Tokyo-listed semiconductor maker, is to acquire SiTime Corporation, a VC-backed US semiconductor company for $200 million.
Carlyle crosses $600m threshold on Japan fund
The Carlyle Group has crossed the halfway mark on its third Japan buyout fund, with approximately $600 million raised predominantly from domestic investors.
Catcha launches VC unit for Southeast Asia TMT deals
Southeast Asia-focused media company Catcha Group has launched a venture capital unit that will invest in new media, technology and mobile businesses throughout the region.
China’s Highsun plans $245m entertainment, internet fund
Guangdong Highsun Group, Chinese property developer and chemicals producer, is launching a RMB1.5 billion ($245 million) PE fund that will invest in entertainment and internet-related assets.
BVCF-backed Jaguar Animal Health targets $54m US IPO
Jaguar Animal Health, a veterinary drugs developer backed by China-focused healthcare investor BVCF, is looking to raise as much as $54 million through a NASDAQ IPO.
India taxi-booking app gets $210m round led by SoftBank
India taxi-booking app Ola has raised $210 million in a Series D round of funding led by SoftBank. Existing investors Tiger Global, Matrix Partners India and Steadview Capital also participated.
Softbank injects $627m into India e-commerce firm Snapdeal
Japanese tech giant SoftBank Group has agreed to invest $627 million in Indian e-commerce site Snapdeal, bringing the start-up's total funding to more than $1 billion.
China's COFCO plans IPO for PE-backed businesses
Chinese agricultural conglomerate COFCO Corporation is looking to list some of its assets, including Noble Group’s agribusiness unit and Dutch grain trader Nidera Holdings, both of which were acquired with PE support.
Creador in Repco Home Finance withdrawal
The growth of India's non-banking finance companies (NBFCs) - institutions that offer banking services without meeting the definition of a bank - is well-documented. According to the Reserve Bank of India (RBI), the share of NBFC's assets as a proportion...
NRI investors sue ICICI Venture for damages
ICICI Venture is being sued by a group of 69 non-resident Indian investors who are seeking $103 million in damages from over alleged losses from a property fund run by the GP.
SoftBank bets big on Indonesia e-commerce
Softbank's first investment in Alibaba Group came 14 years ago. The initial $20 million was followed by around $80 million more, and by the time of Chinese e-commerce giant's IPO earlier this year, the Japanese tech firm held a 32.4% stake. This holding...
Alea Consulting opens Mumbai office
India-headquartered risk management advisory Alea Consulting has opened a new office in Mumbai, its third in the country.
Mobile payments: Breaking down barriers
Driven by strong demand from consumers underserved by traditional payment channels, VC and strategic investors are increasingly active in Southeast Asia mobile payment. It is too early to identify winners.
Infrastructure: Building partners
LPs are seeking to boost their exposure to Asian infrastructure through direct investment, either independently or alongside GPs. In a highly varied regional market, there is no one-size-fits-all approach
China's SOEs: Reform agenda?
Clearly nonplussed by the question, the GP's voice crept up an octave as he replied: "Of course we're bidding for Sinopec Marketing; everyone is. But I've no idea if we'll get it."
India's Adlabs Imagica raises $8m from NYLIM, Jacob Ballas
Indian theme park operator Adlabs Entertainment has raised INR500 million ($8.18 million) in a pre-IPO round of investment from NYLIM Jacob Ballas India, a vehicle co-owned by New York Life Insurance Company and Jacob Ballas Capital.
Canada’s Cycle Capital to enter China cleantech market
Canada-based cleantech investor Cycle Capital Management (CCM) will help set up a venture capital fund in Qingdao as part of an investment partnership with the eastern China city.
Warburg Pincus raises $4b global energy fund
Warburg Pincus has closed its first dedicated energy fund at the hard cap of $4 billion, comfortably exceeding the $3 billion target.