Region
J-Star buys majority stake in Japan plastic parts manufacturer
Japanese mid-market buyout firm J-Star has acquired a 70% stake in Kugami, a Yokohama-based plastic parts manufacturer serving the auto and electronics industries, for an undisclosed sum.
VC-backed Chukong files for US IPO
Chukong Holdings, a Chinese mobile game developer backed by several VC investors, is planning to raise up to $150 million through a US IPO.
Perfect World joins consortium for Shanda Games take-private
Chinese online game developer Perfect World has joined a consortium of investors seeking to privatize its rival Shanda Games in a deal that values the company at $1.9 billion.
PE firms eye Standard Chartered consumer finance unit - report
Bain Capital and The Carlyle Group are said to be among first-round bidders for Standard Chartered's Hong Kong-based consumer finance unit, PrimeCredit.
TPG, Fosun raise offer to secure China healthcare take-private
A consortium comprising TPG Capital and Fosun Industrial has agreed to privatize NASDAQ-listed Chinese healthcare provider Chindex International in a deal worth $461 million, after raising its offer to head off competition from a rival financial bidder....
Insight Venture commits $250m to Australia's Campaign Monitor
Insight Venture Partners has invested $250 million in Campaign Monitor, an Australian business that makes software for email-marketing campaigns.
TPG forms JV with Indian online player Smile
TPG Growth has formed a $100 million joint venture with Indian internet media company Smile Group to build businesses in Asia-Pacific, the Middle East and Africa.
PE-backed IMAX, TCL form JV with Wasu Media
IMAX has teamed up with TCL Multimedia Technology to form a joint venture with Wasu Digital Media, a Chinese digital content provider, as part of their home theater initiative.
Sailing, Yingli form $161m China solar fund
Shanghai Sailing Capital Management is teaming up with Yingli Green Energy Holding to form a solar energy-focused fund with an initial size of RMB1 billion ($161 million).
IDG, Vertex lead $23m round for India's Yatra
IDG Ventures and Temasek Holdings-owned Vertex Ventures have led a INR1.4 billion ($23 million) round of funding for Yatra.com, a leading Indian online travel company.
RRJ, OCBC invest in Chinese paper packaging firm – update
RRJ Capital and OCBC Bank's mezzanine capital unit have together invested $65 million in Nature Packaging Group, one of China’s largest paper packaging firms.
Warburg Pincus leads $70m round for China job site Liepin
Warburg Pincus has led a $70 million Series C round of funding for Liepin.com, a Chinese online recruitment services provider, with participation from existing investor Matrix Partners China.
China's LeTV launches $160m internet fund
LeTV.com, a Shenzhen-listed online video portal, is seeking to raise up to RMB1 billion ($161 million) for an internet and technology-focused private equity fund .
Baring Asia sued by education provider
Baring Private Equity Asia is being sued by education provider Global Indian Schools Holdings - into which it agreed to invest $100 million - for allegedly conspiring to prevent the company from making acquisitions in a bid seize control.
Au Financiers raises $21m from existing investors
Indian non-banking financial company (NBFC) Au Financiers has raised $21 million from existing shareholders, including the promoters, through a preferential allotment of shares.
Taiwan's CTBC gets approval to buy Tokyo Star Bank
CTBC Financial Holdings - formerly Chinatrust Financial Holdings - has received regulatory approval to buy Tokyo Star Bank from US private equity firm Lone Star and other creditors-turned-shareholders.
Skylake, Laird buy Korea's Model Solution
A consortium led by Skylake Investment has partnered with UK-based technology company Laird to buy Model Solution, a South Korean company that specializes in prototype design, for KRW70 billion ($67 million).
IMAX serves as real estate proxy
The new century global center in Chengdu, Sichuan province, is the world’s largest freestanding building, nearly three times the size of The Pentagon. The 1.76-million-square-meter facility includes offices, shopping malls, a Mediterranean village and...
Lightspeed bets on financial disruption
Regulation is the primary concern for PE and VC firms considering investments in China’s peer-to-peer (P2P) lending industry. The market opportunity has never really been in doubt. Online P2P lending platforms are a bridge between individual lenders and...
Vision Knight's institutional upgrade
A mark of a successful first fund is increasing interest from institutional investors in its successor.
Q&A: China Everbright's Shuang Chen
Hong Kong-listed China Everbright is transforming itself from a brokerage into a multi-platform asset manager. CEO Shuang Chen explains how this will work and the role private equity is expected to play.
1Q analysis: Big fish, small fish
Country fund stars, China VCs make their mark on fundraising; the trade sale spike won't be sustained and the IPO surge may falter too; South Korean buyouts continue to create headlines
Flights of fancy
Jiangyin Zhongnan Heavy industries is a Chinese steel equipment manufacturer harboring an ambition. The Shenzhen-listed company produces more than 40,000 tons per year of pipe fittings and associated paraphernalia, serving petrochemical, shipbuilding,...
China's Hony eyes manufacturing, healthcare opportunities
China-focused PE firm Hony Capital is tracking investment opportunities in state-owned manufacturing and healthcare companies as the government seeks to further restructure its assets.
