Region
The Philippines: SE Asia's next big thing?
The Philippines has emerged from relative obscurity to become private equity’s latest nascent consumer play in Southeast Asia. Deal flow is slow and uncertain as investors get to grips with the opportunity.
Lightbox II builds on Indian legacy
Earlier this year Kleiner Perkins Caufeild & Byers (KPCB) and Sherpalo Ventures - the investment firm founded by Ram Shriram - decided to bring their nine-year Indian adventure to a close and refocus on the US.
LPs seek co-investment with IDFC
LPs were clear in what they wanted from IDFC Alternatives. Alongside commitments to the Indian GP's latest infrastructure fund there was a strong desire for co-investment. As a result, the $900 million corpus of the recently closed India Infrastructure...
Profile: JFDI.Asia's Hugh Mason
As co-founder of Singapore-based JFDI.Asia, Hugh Mason has been at the vanguard of the Asia tech accelerator movement since 2010. But his record as an entrepreneur and innovator goes back further
Australia's OneVentures hits $53m first close on second VC fund
Australian venture capital firm OneVentures has reached a A$60 million ($53 million) first close second fund, which is looking to raise $100 million for Series B and C stage investments.
Quadrant-backed APN Outdoor to raise $289m in IPO
Quadrant Private Equity will make a partial exit from ANP Outdoor as the Australian advertising business raises A$329.3 million ($289 million) through an IPO.
China Everbright to buy US testing equipment maker for $90m
China Everbright, the Hong Kong-listed investment unit of China Everbright Group, has agreed to buy BEP Group, a US-based vehicle testing equipment manufacturer, for $90 million.
TAP, KWAP invest in Malaysian snack maker
Southeast Asia-focused GP Tremendous Asia Partners (TAP) has teamed up with pension fund KWAP to buy a 30% stake in Munchy Group, a Malaysia-based snacks producer.
Intel Capital invests $28m from China smart device fund
Intel Capital, the US chip maker's corporate venture capital arm, has invested $28 million from its China Smart Device Innovation Fund (CSDIF) into a batch of technology start-ups.
VC-backed eHi Car Rental invests in China's Kuaidi Dache
Chinese car rental firm eHi Car Services, which has several VC backers and is targeting a US IPO, has invested $25 million in Kuaidi Dache, one of the country’s two dominant taxi-booking apps.
CITIC Goldstone backs $285m Chinese mining acquisition
Goldstone Investment, the direct investment arm of CITIC Securities, is aquatics producer Hubei Wuchangyu's RMB1.75 billion ($285 million) acquisition of a Guizhou province-based mining firm.
Fidelity Asia invests $15m in Chinese orthopedic hospital operator
Fidelity Growth Partners Asia has invested RMB90 million ($15 million) in Zhejiang Banger Medical Management, a Chinese orthopedic hospital operator.
Japanese mobile app Quan gets VC backing
Japanese mobile game developer Quan has received an undisclosed sum from a group of domestic VC investors.
Morgan Stanley PE Asia backs Hong Kong financial advisor AMTD
Morgan Stanley Private Equity Asia (MSPEA) has invested an undisclosed sum in AMTD, Hong Kong’s leading independent financial planner (IFA) and insurance broker.
Permira exits Japan's Arysta LifeScience to US strategic for $3.5b
Permira has exited its investment in Japanese agricultural chemicals maker Arysta LifeSciences to US chemicals firm Platform Specialty Products (PSP) for about $3.51 billion.
CIMB PE buys stake in Indonesia 7-Eleven operator
CIMB Private Equity has paid approximately $25 million for a 10% stake in the owner and operator of the 7-Eleven convenience store franchise in Indonesia.
PE-backed Juxin Leasing files for A-share IPO
Juxin International Leasing, a Chinese specialty leasing company backed by two PE investors, has filed a Shanghai IPO that could be worth up to RMB1.25 billion ($204 million).
Tiger Global leads Series C round for GrabTaxi
Tiger Global Management has led a Series C round of funding for GrabTaxi, a Southeast Asian-focused taxi-booking mobile phone app.
Chinese VC-backed semiconductor specialist files for US IPO
VeriSilicon Holdings, a China-based semiconductor design services provider backed by several VC investors, has filed for a US IPO.
JD to acquire controlling stake in Chinese brokerage
Chinese GP JD Capital plans to acquire a 51% stake in Teemrise Securities, a Chinese brokerage firm, for RMB364 million ($59 million).
MVision hires two managing directors in Hong Kong
Placement agent MVision has hired Michelle Paisley and Dennis Kwan as managing directors in its Hong Kong office. They will join founder and CEO, Mounir Guen, who recently moved to Hong Kong to lead the firm's Asia expansion.
Japan online home-hunter service bags $2m from VCs
Japan's YJ Capital and Incubate Fund have invested JPY200 million ($1.9 million) in Ietty, a Tokyo-based start-up that runs an online platform for home-hunters.
Tembusu provides seed round for Singapore's GNum
Tembusu Partners has committed S$7 million ($5.5 million) in seed funding to GNum, developer of a patent-pending technology that allows calls from PCs and handheld devices to be routed to a user’s mobile phone without the need to first download an app....
GIC bags minority stake in Jimmy Choo at IPO
Singapore sovereign wealth fund GIC Private has taken a 4.6% stake in Jimmy Choo as the luxury shoemaker went public on the London Stock Exchange at a valuation of GBP546 million ($879 million).