Regions
Darby exits South Korea’s Leadcorp
Darby Private Equity, a subsidiary of Franklin Templeton Investments, has exited its stake in South Korean consumer finance company Leadcorp through sales on the Kosdaq Market of Korean Exchange. The financial details were not disclosed.
EQT acquires franchise operator China F&B Group
EQT Partners has bought a majority stake in China F&B Group, the Chinese franchise operator of international restaurant chains Dairy Queen and Papa John’s Pizza, for an undisclosed sum. Global investors SEB private equity and Hong Kong-based General...
Tencent leads Series B round for online financial site Howbuy
China internet giant Tencent Holdings has led a Series B round of funding for Howbuy.com, a Chinese online financial products platform. Existing investor Legend Capital, the corporate venture capital arm of Legend Holdings, also participated in the round....
Blackstone India PE head Akhil Gupta replaced by two new co-heads
Akhil Gupta, the head of Blackstone's Indian private equity operations, is to be moved to a non-executive role as managing directors Mathew Cyriac and Amit Dixit are brought in to co-head the unit.
Osaka prefecture blocks Lone Star bid for Japan rail asset
US private equity firm Lone Star has seen its winning bid for Japan rail operator Osaka Prefectural Urban Development (OPUD) blocked by the Osaka prefectural government.
Carlyle-backed Artgo Mining targets $130m HK IPO
Artgo Mining Holdings, a Chinese marble producer and distributor which is backed by The Carlyle Group, intends to raise up to HK$1.01 billion ($130 million) through an IPO in Hong Kong.
Silver Lake backs Avago's LSI purchase with $1b investment
Tech-focused private equity firm Silver Lake is investing another $1 billion in Singaporean chip maker Avago Technologies to help fund its $6.6 billion acquisition of LSI Corporation.
Anacacia completes two deals in health and education
Australian private equity firm Anacacia Capital has completed two new acquisitions in the health and education sectors: healthcare equipment manufacturer Oxford Group and Careers Training Group - formed as a merger between vocational training firms Selmar...
Japan's Sompo mulls $1b purchase of Bregal-owned insurer Canopius
Sompo Japan Insurance is looking to acquire Canopius Group, a UK insurer which is 84%-owned by London-headquartered private equity firm Bregal Capital.
Baring-owned school operator Nord Anglia plans $200m IPO – report
Nord Anglia Education, an international schools operator owned by Baring Private Equity Asia, is reportedly preparing an IPO which could raise upwards of $200 million.
Shunwei leads $12m Series B round for online English site 51Talk
51Talk, a Chinese online English teaching platform, has received a $12 million Series B round of funding led by Beijing Shunwei Venture Capital. Existing backer DCM China also participated.
Navis races to $860m first close on seventh Asia fund
Navis Capital Partners has reached a first close of $860 million on its seventh Asian fund after less than three months in the market.
PE-backed GMR plans IPO - report
India's GMR Infrastructure has hired banks to manage the listing of its airport business, which has received funding from Macquarie SBI Infrastructure Fund and Standard Chartered Private Equity.
RRJ invests $349m in China Everbright International
RRJ Capital has paid HK$2.7 billion ($349 million) for a 7.85% stake in China Everbright International, a subsidiary of Chinese conglomerate China Everbright Holdings, becoming the second-largest shareholder in the company.
Tsing Capital leads $21m Series C for Phononic
Phononic, an US-based solid-state cooling and refrigeration technology firm, has completed a $21 million Series C round of financing led by Beijing-based Tsing Capital. National Bank Financial, existing backers Venrock and Oak Investment Partners also...
Japan's GPIF to make infra investments with OMERS, DBJ - report
Japan's Government Pension Investment Fund (GPIF) will join Canada's Ontario Municipal Employees Retirement System (OMERS) and the government-owned Development Bank of Japan to invest in infrastructure projects abroad.
China Cinda gains 26% on Hong Kong trading debut
China Cinda Asset Management saw its stock close up 26% on the IPO price for the biggest debut gain among large cap companies in Asia in more than two years.
SMBC to buy US rail lessor from Perella Weinberg
Perella Weinberg Partners will exit Chicago-based Flagship Rail Services to Sumitomo Mitsui Banking Corporation (SMBC) in a transaction valued at $1.1 billion.
PAG invests $250m in Universal Studios Japan
PAG has invested $250m in theme park operator Universal Studios Japan (USJ). The firm will be joining Goldman Sachs, MBK Partners and Owl Creek as shareholders of the Company.
Moody's acquires Helion-backed Amba Investment Services
Moody’s subsidiary Copal Partners has acquired Helion Ventures-backed Amba Research for an undisclosed sum.
Australia's first equity crowd funding platform set for launch
Early-stage venture capital firm Artesian is aiming to launch Australia's first equity crowdfunding platform in February.
Warburg Pincus-backed e-Shang receives pre-IPO funding
Chinese warehousing developer and operator e-Shang, which was co-founded by Warburg Pincus and two local entrepreneurs in 2011, will receive $120 million in pre-IPO financing from Goldman Sachs. Warburg Pincus has also committed a third round of investment,...
Sailing Capital, Shanghai New Culture Media launch $165m fund
Sailing Capital has teamed up with Shanghai New Culture Media, a Shenzhen-listed media enterprise, to launch a RMB1 billion ($165 million) culture fund.
GGV leads Series B for China mobile gaming platform Yodo1
GGV Capital has led a Series B round of funding worth $11 million for Yodo1, a Chinese mobile gaming platform. Existing investor Singtel Innov8 also participated alongside new entrants Pavillion Capital and Iris Capital.