Region
Jack Ma joins $1b investment in VC-backed Wasu Media
Alibaba Group founder Jack Ma and several co-investors have agreed to buy a 20% stake in Wasu Media Holdings, a Hangzhou-based digital media operator backed by several VC firms, for RMB6.54 billion ($1.06 billion).
INCJ exits 5% stake in UK's Seajacks to Marubeni
State-backed Innovation Network Corporation of Japan (INCJ) has sold a 5% stake in UK offshore energy services provider Seajacks to its Japanese co-owner Marubeni Corporation.
FountainVest, CMC buy 20% stake in IMAX China
FountainVest Partners and CMC Capital Partners have paid $80 million for a 20% stake in movie theater operator IMAX’s China business, with an objective to grow the business and ultimately take it public.
IDG, China Growth Capital invest in job site HunterOn
HunterOn.com, a Chinese online recruitment website, has secured a Series A round of funding from IDG Capital Partners and China Growth Capital.
PE-backed Digital Horizon to list via reverse merger
Beijing Digital Horizon Technology, a Chinese mobile social networking service (SNS) provider backed by Infinity Group and other VC investors, intends to list on the Shenzhen Stock Exchange through a reverse merger with Hangzhou New Century Information...
Gaw Capital acquires Beijing's Pacific Century Place
Gaw Capital has agreed to acquire Pacific Century Place, a Beijing residential and commercial complex, from Premium Century Premium Development - the real estate unit of Hong Kong's PCCW - for $928 million.
India's Ineda Systems raises $17m Series B round
Ineda Systems, a US and India-based developer of chip components targeting the wearable and internet of things (IoT) segment, has raised a $17 million round of Series B funding led by Walden-Riverwood Ventures.
Mekong, CDH set for partial exits from Vietnam's Mobile World
Mekong Capital and CDH Investments will make partial exits from Mobile World, Vietnam’s largest mobile phone retailer, when the company lists on the Ho Chi Minh exchange in June with an expected valuation of up to $280 million.
Vertex leads round for Southeast Asia taxi-booking app
Vertex Ventures, a unit of Temasek Holdings, has led a round of funding for GrabTaxi, a taxi booking app set up in Malaysia that is looking to continue its expansion into other Southeast Asian markets.
Japan regulation: Taxing tactics
Investors are concerned about the potential repercussions for the economy – and their portfolio companies – of Japan’s staged consumer tax hike. Could it really derail the country’s fragile recovery?
Rabo Equity's India nutrition play
Valued at around INR720 billion ($11.9 billion), India’s pharmaceutical market continues to be a popular destination with private equity investors, but the sector has seen better days. A recent report by PricewaterhouseCoopers shows a tightening regulatory...
China healthcare: Innovation issues
There is plenty of buzz about investment in Chinese healthcare but the pharmaceuticals segment has yet to fulfill its promise as an R&D hub. Should PE and VC investors be looking for different angles?
Blue Star on consolidation path
It is difficult to capture the scale of Australia’s printing industry given the amount of activity that takes place outside of the traditional silos. The data points highlighted by the national industry association, however, do not make for comforting...
Siguler Guff closes third BRIC fund
Siguler Guff faced two particular challenges when raising its third BRIC opportunities fund: one foreseen and well prepared for; the other more out of leftfield.
Cathay forges Sino-French ties
It is 50 years since France became one of the first European countries to officially recognize the People’s Republic of China. The anniversary of that event was marked in Paris last month by Chinese President Xi Jinping and his French counterpart Francois...
Portfolio: CDH, Mekong and Mobile World
Early investor Mekong Capital and recent addition CDH Investments have guided Mobile World through rapid growth and growing pains. Now the Vietnam-based mobile phone retailer is about to go public
Hony supports Canadian energy investment platform
Hony Capital has agreed to support Canada Capital Energy Corporation (CCEC), a Chinese-owned oil and gas exploration and exploitation company, as it seeks to acquire energy assets in Western Canada.
Japan Industrial Partners exits Yutaka Electric
Japan Industrial Partners (JIP) has exited electrical component manufacturer Yutaka Electric to GlassOne, a manufacturer of touch screen panels for tablets and smart phones.
OTPP private capital unit delivers 27% return for 2013
Teachers’ Private Capital (TPC), the PE and direct investment arm of Ontario Teachers’ Pension Plan (OTPP), earned a record C$3.1 billion ($2.8 billion) in 2013, delivering a one-year return of 26.9%, although both measures fell short of their benchmark...
India's Avendus, Zodius launch $500m tech fund
Indian financial services company Avendus Capital has partnered with PE firm Zodius Capital to launch a $500 million fund targeting technology companies.
Taiwan's Hon Hai in talks to buy MBK-owned cable TV network – report
Hon Hai Precision Industry, a Taiwanese electronics manufacturer best known as Foxconn, is said to be in talks with MBK Partners to buy China Network Systems (CNS).
L Capital Asia invests in Italian footwear maker
L Capital Asia has acquired a minority stake in Italian high-end footwear manufacturer Vicini, working in partnership with L Capital Management, another PE firm supported by luxury goods conglomerate LVMH.
Blackstone's Asia head Michael Chae to return to New York
Michael Chae, head of international private equity at The Blackstone Group, will move back to New York after a four-year stint in Hong Kong.
Partial exits for IDG, Jafco as China's Tarena completes $137m IPO
IDG Capital Partners and Jafco have made partial exits from Tarena International after the Chinese IT training services provider raised $137.7 million through a NASDAQ IPO.