Regions
Q&A: Standard Chartered Bank's Andrew Yee
Andrew Yee, global head of infrastructure at Standard Chartered Bank's principal finance division, gives his views on investment opportunities across Asia, where private equity must work in and around large corporates
Indonesia: Infrastructure gridlock
There is substantial demand for infrastructure investment in Indonesia and plenty of opportunities to participate, yet progress is slow. Does the does the sector still hold promise for private equity?
India real estate: The long game
India's economic slowdown has created opportunities for real estate investors still convinced by the country's long-term fundamentals and with strategies that take capital where it is most needed
China cleantech: Addressing overcapacity
China's cleantech sector was the factory to the world, churning out solar panels and wind turbines for export. After the bottom fell out of the market, domestic demand took center stage - how is PE responding?
India cleantech: Expansion time
PE-backed companies have carved out a sizable share of India's nascent renewable power production sector, particularly in the wind space. The quickest to scale up will gain a competitive advantage
The Asia real assets story
It is difficult to tell whether Asia is at the beginning of a real assets story or negotiating a transition phase somewhere around the middle. "Real assets" is such an all-encompassing term, taking in everything from forestry to energy to real estate,...
MSPEA-backed privatization of Yongye wins board approval
A $339 million management buyout offer for Yongye International, supported by Morgan Stanley Private Equity Asia (MSPEA), has won board approval. The US-listed Chinese animal and plant feed maker is now set to be taken private, pending a shareholder vote.
KKR, CDH invest in $140m China dairy farm joint venture
KKR has completed its first majority investment in China, partnering with CDH Investments and China Modern Dairy in a $140 million greenfield farming joint venture that will deliver premium raw milk to domestic consumers.
PE-backed OzForex plans $413m IPO
OzForex Group - an Australian online foreign exchange services provider backed by The Carlyle Group, Accel Partners and Macquarie Group - plans to raise $440 million in its Australian IPO scheduled for October 11.
Abraaj exits Philippines hospital DMMC
The Abraaj Group has made a full exit from Daniel O. Mercado Medical Center (DMMC), a tertiary care hospital based in the Philippines. The exit is said to have been through a buy-back arrangement with the Mercado family.
SMRJ, Daiichi Sankyo, Mitsubishi UFJ launch $10m pharma fund
The Organization for Small & Medium Enterprises and Regional Innovation Japan (SMRJ), pharmaceutical firm Daiichi Sankyo and Mitsubishi UFJ Capital are together launching a new JPY1 billion ($10 million) fund to invest in pharmaceutical start-ups working...
Sequoia leads Series B round for China second-hand car platform
Sequoia Capital led a Series B round of investment for Souche Holdings, an online second-hand car trading platform. Existing backers Morningside Technologies and Ferry Venture Capital also participated.
IDG invests in Chinese personal finance app developer
IDG Capital Partners has provided a Series A round of funding for Hangzhou Wacai Science, a Chinese personal finance management mobile app developer. Terms of transaction was undisclosed but the investment was said to be more than $10 million.
NSR buys Moshe's Fine Foods
New Silk Route (NSR) has acquired a majority stake in Mumbai-based Moshe’s Fine Foods, which runs a chain of Mediterranean cuisine restaurants and cafés. The financial terms of the deal were not disclosed.
Allegro targets $188m for Australasia distress fund
Allegro Funds is raising a A$200 million ($188 million) vehicle that will make turnaround investments in distressed Australian and New Zealand companies.
Gresham PE exits Tasmanian Walking Company
Gresham Private Equity has exited Australian tour firm Tasmanian Walking Company (TWC) to Virgin Australia co-founder Brett Godfrey. The financial details were not disclosed.
NTT Docomo Ventures, Livesense lead $5.5m investment in Japan's Aratana
NTT Docomo Ventures, the corporate VC arm of the Japanese mobile giant, and internet media firm Livesense have together led a JPY550 million ($5.5 million) investment round for Aratana, a social e-commerce platform developer. Existing VC backers JAFCO,...
GEF invests $12m in India's Rishabh Instruments
Global Environment Fund has invested INR750 million ($11.98 million) in Industrial Control Products maker Rishabh Instruments (RI), through its small and medium-sized enterprises-focused South Asia Clean Energy Fund (SACEF).
Hony still committed to China SOE restructuring, more focused on value creation
Hony Capital has pledged to remain a China-focused investor despite the country’s slowing economic growth and forays by other private equity firms into new markets in order to diversify risk. Hony’s emphasis will be on value creation, particularly...
A&M launches India transaction advisory practice, hires Vikram Utamsingh
Alvarez & Marsal (A&M), a consultancy specializing in performance improvement and turnarounds, has expanded its India business with the launch of a dedicated transaction advisory practice. The new practice will be led by Vikram Utamsingh, formerly of...
China Private Equity Investment exits AIP Global to Capital VC
China Private Equity Investment Holdings (CPE) has agreed to sell its entire holding of 2.45% in AIP Global, a Hong Kong-based investment holding company that focuses on the financial sector, to Capital VC for HK$15 million ($19 million).
Billabong drops Altamont for Oaktree, Centerbridge rescue
Australian surfwear company Billabong had accepted a refinancing plan from Oaktree Capital Management and Centerbridge Partners, walking away from a previous deal with a consortium led by Altamont Capital Partners and replacing top management.
Mediaflag moves to acquire J-Star-owned sweets maker Tokachi
Mediaflag - a company which provides distribution support services to consumer goods manufacturers - has offered to acquire a 100% stake in Tokachi, a traditional Japanese sweets maker owned by Japanese mid-market buyout firm J-Star. The financial terms...
Sequoia Capital leads $15m Series C in App Annie
Sequoia Capital has led a $15 million investment in app analytics platform App Annie, with participation from existing investors IDG Capital Partners, Greycroft Partners, e.ventures and Infinity Venture Partners. Tim Lee, partner at Sequoia Capital and...