Region
Chinese home projector maker XGimi Tech secures $16.5m
XGimi Technology, a home projector manufacturer, has secured a RMB100 million ($16.5 million) Series A round of financing from Shenzhen CDF-Capital.
South Korea mobile loyalty platform raises $3.9m
Daesung Private Equity and Bokwang Investments have invested $3.9 million in Spoqa, the South Korean start-up behind mobile loyalty platform Dodo Points.
Xander Group invests $65m in India realty firm Supertech
The Xander Group has invested INR4 billion ($65 million) in India realty firm Supertech to finance township and housing projects in Gurgaon in North India.
Northgate's Koh joins Singapore university endowment
Lye Thiam Koh has departed fund-of-funds Northgate Capital and taken up a new role as portfolio manager with the National University of Singapore’s (NUS) investment office.
Natixis Global forms private equity division
Natixis Global Asset Management (NGAM) - a unit of the French investment bank Natixis - has established a private equity division to offer its investors a single point of access to six of its affiliate GPs.
DRC Capital launches Fund III, holds $25m first close
Japanese mid-market buyout shop DRC Capital has launched its third buyout fund - Japanese Limited Partnership DRC III - quickly followed by an initial close of JPY2.5 billion ($25 million).
CVC to sell down another stake in Indonesia's Matahari - report
CVC Capital Partners is expected to raise as much as $300m as it further cuts its stake in Indonesian retailer Matahari Department Store.
SingTel Innov8 leads $25m Series B round for Bitglass
SingTel Innov8, the corporate venture arm of Singapore telecoms giant SingTel, has led a $25 million Series B round of investment for US-based Bitglass, a provider of mobile cloud security solutions. Norwest Venture Partners and New Enterprise Associates...
China pork giant WH Group gains 10.6% on HK debut
Shares in WH Group, the Chinese pork producer backed by investors such as CDH Investments and Goldman Sachs, gained as much as 10.6% on its first day trading today after the company raised HK$15.3 billion ($2 billion) on its second attempted IPO.
ADB, Orix, Robeco form $400m Asia climate-change fund
The Asian Development Bank (ADB), Japan's ORIX Corp. and Netherland-based Robeco Institutional Asset Management have together formed a private equity fund that will focus on investments in climate-friendly industries such as cleantech and renewable energy....
Singapore's GIC sees increase in PE exposure in 2014
Singapore sovereign wealth fund GIC Private has upped its exposure to private equity alongside bonds and emerging market equities for the year ended March, 2014, according its annual report.
Thai fashion e-commerce site raises $1.5m Series A round
Digital Media Partners has led a $1.5 million Series A of investment for Thai fashion e-commerce start-up WearYouWant. IMG Investment Partners and Japanese e-marketing firm OPT SEA also took part in the round.
KKR, Rhône make renewed $3.15b offer for Australia wine-maker
KKR, together with Rhône Capital, has made a revised A$3.37 billion ($3.15 billion) offer to acquire Australia Securities Exchange (ASX)-listed Treasury Wine Estates.
IDG leads $100m Series B round for China online grocery
IDG Capital has led a $100 million Series B round of investment for Chinese online grocery store Womai.com. Existing investor SAIF Partners also participated.
Japan's REVIC invests $10m in restaurant chain
The Regional Vitalization Corporation of Japan (REVIC) has invested JPY1 billion ($10 million) in Tokyo-listed restaurant chain Friendly.
Hong Kong's 8 Securities raises $9m Series B
Hong Kong-based stock trading and financial management platform 8 Securities has raised a $9 million Series B round of funding. The round included unnamed US and Chinese investors and existing backers Velocity Capital and Leitmotiv Private Equity.
Japan VCs invest $3m in Tokyo tech boot camp
Life is Tech, a Tokyo-based IT boot camp program for elementary and junior high school students, has raised JPY310 million (about $3 million) from Japanese investors Jafco, Mistletoe, KCJ Group, DeNA and Recruit Holdings.
China's Le Gaga agrees Sequoia-backed take-private
Chinese greenhouse vegetable producer Le Gaga has agreed to be taken private by a consortium including Sequoia Capital, hedge fund Yiheng Capital and the NASDAQ-listed company's chairman and CEO. The deal values the company at around $185 million.
INCJ to form LED business with Japan Display, corporates
The government-backed Innovation Network Corporation of Japan (INCJ) is forming a new company with Japan Display, Sony Corp. and Panasonic. The new company will be engaged in the development and commercialization of organic light-emitting diode (OLED)...
US game firm Kabam attracts $120m from Alibaba
China e-commrce giant Alibaba Group is investing $120 million in US venture capital-backed gaming company Kabam. The investment is understood to value the company at over $1 billion.
Qualcomm backs India's Portea Medical
Qualcomm Ventures, the venture investment unit of US chip-maker Qualcomm, has invested in India's Portea Medical, a provider of in-home healthcare services. The financial details of the transaction were not disclosed.
PE-backed Metro Glass gains 5.9% on NZ debut
Shares in Metro Performance Glass - the New Zealand glassmaker whose backers include Crescent Capital, Anchorage Capital and Sankaty Advisors - gained 5.9% on its first day of trading following its NZ$244.2 million ($227 million) IPO.
KKR-backed Rundong Auto launches $138 HK IPO
Rundong Automobile Group, a Chinese car dealership company backed by KKR, has launched its Hong Kong IPO today with a view to raising up to HK$1.07 billion ($138.1 million).
India's Piramal forms $1b Infra platform with APG
Piramal Enterprises - the flagship business of Indian conglomerate Piramal Group - is teaming up with Dutch pension fund manager APG Asset Management to invest up to $1 billion in India infrastructure companies over the next three years.