Regions
Helion, Kalaari lead $10m Series B for Simplilearn.com
Helion Venture Partners and existing backer Kalaari Capital have led a $10 million Series B round for professional certification exam preparation provider Simplilearn Solutions.
Profile: AIF Capital's Peter Amour
Since arriving in Hong Kong in 1986, AIF Capital's Peter Amour has witnessed the emergence of China and the ups and downs of Southeast Asia, enjoying some of the opportunities that have come with it
CRCI reaches $180m first close on Fund III
China Renaissance Capital Investment (CRCI) has reached a first close of approximately $180 million on its third growth capital fund. The timing of the close was determined by the GP needing to finalize its first investment out of the new vehicle.
Archer Capital revives interest in NZ's Abano Healthcare
Archer Capital obtained a five-month standstill agreement with shareholders of New Zealand's Abano Healthcare, potentially allowing time for a new takeover bid to come together after its latest effort was rejected earlier this week.
Ancora closes Indonesia fund at $128m
Indonesia-focused GP Ancora Capital has made a final close on its second fund at $128 million. The vehicle is currently 40% deployed, having made three investments since its launch in early 2011.
Henry Kravis on Asia
KKR co-founder Henry Kravis recently briefed a group of reporters on his firm's investment strategy in Asia, offering glimpses of a business that is rooted in private equity yet stretches well beyond it.
India’s IDFC makes $644m first close on second infra fund
IDFC Alternatives has reached a $644 million first close on its second core infrastructure fund after just eight months in the market, making it one of the largest Indian fundraises in recent times. India Infrastructure Fund II (IIF2) has a full target...
Warburg Pincus invests in China health center Amcare
Warburg Pincus has invested in Beijing-based Amcare Women's & Children's Hospital. The transaction size was not disclosed.
Investors book passage with Tuniu
Most Travel e-commerce companies in China are essentially search engines that provide information on hotel and flight bookings plus a payment mechanism. The team at Tuniu opted for a different tack, focusing specifically on packaged tourism, and they...
ClearVue Partners backs $5m round for China online grocery store
ClearVue Partners has led a $5 million Series A round of funding in Shanghai-based online grocery store Fields.
MOPE raises $155m India growth fund
Motilal Oswal Private Equity (MOP) opted for more of the same when raising its second growth capital vehicle - India Business Excellence Fund (IBEF) II - remaining focused on domestic consumption, financial services, healthcare, manufacturing and infrastructure...
KKR India NBFC raises $100m from US pension fund - report
KKR India Financial Services, the global private equity firm's non-banking financial company (NBFC), has reportedly raised $100 million from The Teacher Retirement System of Texas.
Ironbridge's creative liquidity solution
Stapled secondaries and GP restructurings have become common parlance as Asia's private equity investors grapple with a challenging fundraising environment, even though talk still overshadows action. In each case, new investors come in to replace old,...
Hong Kong start-ups: The Silicon Harbour
Hong Kong is touting itself as Asia's next great tech start-up hub. It must first address expensive real estate, the role of government as facilitator, and strategic positioning vis-à-vis mainland China
PE-backed Australia pub fund targets IPO - report
Australian Pub Fund, which is backed by M.H. Carnegie & Co. and Australian superannuation fund Sunsuper, is said to planning an IPO on the Australian Securities Exchange.
Niche funds: Finding an angle
China has seen a proliferation of niche funds in recent years as GPs try to stand out from the crowd with differentiated strategies. Are investors – institutions, individuals or governments – buying into the story?
Axa-owned Novacap chemicals group makes China acquisition
AXA Private Equity-backed French chemicals group Novacap, is to acquire a majority stake in Taixing Yangzi Pharm Chemical (Yangzi), one of the leading Chinese producers of a chemical mainly used for the production of paracetamol. Financial terms of the...
Ontario Teachers keen for more Asia co-investment
Ontario Teachers’ Pension Plan (OTPP) expects to become a more active co-investor in Asia, partnering with GPs in the region that offer certain geographic or sector expertise as well as operational capabilities.
MSPEA-backed Hyundai Rotem to raise up to $575m in IPO
Hyundai Rotem, a South Korean train maker backed by Morgan Stanley Private Equity Asia (MSPEA), intends to raise as much as KRW622.4 billion ($575 million) in what is set to be the country's biggest IPO so far this year.
VC-backed Forgame targets $222m Hong Kong IPO
Forgame Holdings, a Guangzhou-based mobile game developer backed by several VC firms, plans to raise at least $222 million through an IPO in Hong Kong.
GGV invests in China LED producer's pre-IPO round
GGV Capital has made a pre-IPO investment in Sichuan Sunfor Light, a Chinese light emitting diode (LED) manufacturer. Terms of transaction were not disclosed.
India’s Micro Housing Finance Corp raises $5.5m in new equity funding
Unilazer Ventures and existing backers Caspian Advisor’s India Financial Inclusion Fund and the Michael and Susan Dell Foundation have invested INR350 million ($5.5 million) in Micro Housing Finance Corporation (MHFC), which makes housing loans to lower...
Japan Private Equity holds $30m first close on Fund IV
Japan Private Equity (JPE) has held a JPY3 billion ($30 million) first close on its fourth buyout fund, JPE Private Equity No.4.
Australia’s Ironbridge offers LPs secondary exit route
Ironbridge Capital has launched a hybrid structure for its latest fundraising, with investors in the Australian GP’s first two funds being given the opportunity to exit their positions or roll over into a new vehicle that will continue to manage the...