Region
Australia's PEP in $541m partial exit from Veda
Pacific Equity Partners (PEP) has exited half its stake in credit-checking firm Veda Group in a deal worth around A$580 million ($541 million).
Carlyle in talks with China Vanke over potential $1b property deal
The Carlyle Group is in talks with real estate developer China Vanke to acquire some of its commercial properties.
CITIC PE exits Jialin Pharma via trade sale to Luye Pharma
CITIC Private Equity will exit a 10.26% stake in Beijing Jialin Pharmaceutical after Luye Pharma Group, a Chinese drug maker, agreed to buy a majority stake in its industry peer.
CSRC issues Chinese domestic PE fundraising rule
The China Securities Regulatory Commission (CSRC) has issued rules governing the domestic private equity industry following a public consultation.
KKR invests $400m in Chinese chicken processor Sunner
KKR has agreed to pay $400 million for an 18% stake in Chinese chicken producer Fujian Sunner Development - the latest in a string of investments intended to leverage consumer demand for food quality and safety.
PE-backed Snowman launches India IPO
Snowman Logistics, the PE-backed cold chain unit of Gateway Distriparks, is aiming to raise up to INR1.97 billion after launching its India IPO this week - the first since the country voted in a new government last May.
Resource Capital invests $3m in Australia's MZI Resources
Mining-focused private equity firm Resource Capital Funds (RCF) has invested $3 million in Australian Securities Exchange-listed mineral sands explorer MZI Resources after agreeing to add to an existing short-term loan facility of $4.5 million.
Advent supports Australia radiology merger
Advent Private Capital has created the fourth-largest radiology group in Australia by bringing together two independent diagnostics businesses, Lake Imaging and South Coast Radiology.
Softbank, Pantera lead $3m Series A for Korean bitcoin exchange
SoftBank Ventures Korea and Pantera Capital have led a $3 million Series A round of funding for Korean bitcoin exchange, wallet and merchant processor, Korbit.
Profile: Kaizen Private Equity's Sandeep Aneja
As founder and managing director of Asia’s only education-focused GP, Sandeep Aneja has found that a career in private equity can be a much about finding questions as funding answers
Partners Group's Sino-European play
The manufacturers of guide rails used in elevators are an oligopoly serving an oligopoly. Three companies control 80% of the market and eight of their clients are responsible for 90% of the world’s elevators. This concentration of supply may in part be...
SEAF India feasts on India fast food
India's fast-growing quick service restaurant (QSR) sector is one of the many symptoms of a country that is increasingly cash-rich and time-poor as its middle class swells.
GoGoVan eyes regional expansion
Three Hong Kong youngsters came up with an idea to supply disposable lunchboxes to local restaurants for free and make a return by selling display advertising on the products.
China regulation: Circular progress
China’s foreign exchange regulator has issued new rules simplifying the use of offshore special purpose vehicles for investment purposes. It’s good news for VCs but questions remain about implementation
Taiwan exits: Tread carefully
AVCJ has devoted considerable space to the challenges tied to foreign private equity buyouts in Taiwan, highlighting industry concerns about an opaque approvals process and the subsequent calls for clearer guidance on where PE is capital is and isn’t...
Taiwan's Wei family confirms acquisition of MBK-owned CNS
Taiwan-based food and drinks conglomerate Ting Hsin International Group has agreed to buy a majority stake in local TV operator China Network Systems (CNS) from MBK Partners.
Ex-China Minsheng Bank executive launches $8b fund
Wenbiao Dong, former head of China Minsheng Banking, has launched a RMB50 billion ($8 billion) private investment fund.
Alibaba backs Chinese Wi-Fi operator
Alibaba Group has invested an undisclosed sum in Witown, a Chinese Wi-Fi solutions provider.
KKR appoints Indonesia head
KKR has appointed Jaka Prasetya, former managing partner and founder of Leafgreen Capital Partners, as managing director with responsibility for Indonesia. He will also work on the firm’s credit and special situations initiatives in Southeast Asia.
Jafco invests $2m in Japan surgical robot maker
Jafco Ventures has invested JPY200 million ($2 million) in Riverfield, a Japanese start-up that develops robotic technology for use in the healthcare sector.
Nereus Capital backs China's Hareon Solar
Nereus Capital has invested in China's Hareon Solar to support development of 150 megawatts of solar power projects in India over the next two years.
China beauty portal Meilapp.com raises $20m
Morningside Technologies has led a $20 million Series B round of funding for Meilapp, a Chinese mobile portal devoted to cosmetics and skincare.
Sequoia invests $139m in Chinese medical equipment maker
Sequoia Capital has acquired a 7% stake in Jiangsu Yuyue Medical Equipment & Supply, a Chinese medical equipment manufacturer, for RMB856 million ($139 million).
Ekuinas buys majority stake in Malaysian tanker company
Ekuinas, the Malaysian government-backed private equity investor, has agreed to acquire up to 95.5% of Orkim, one of the country’s largest clean petroleum product (CPP) tanker companies, for MYR346.3 million ($109 million).