Region
CVC eyes IPO for Indonesian cable operator LinkNet - report
LinkNet, the Indonesian cable television and broadband operator in which CVC Capital Partners holds a 49% stake, is reportedly targeting an IPO this year. It would be the second share offering in 2013 by one of the private equity firm’s Indonesia-based...
JAIC, CyberAgent-backed dating site in Taiwan IPO
Sunfun Info, an online dating platform backed by Japan Asia Investment (JAIC) and CyberAgent Ventures, has debuted on the Taiwan over-the-counter Gre Tai Securities Market.
Japan government begins shake up of pension investments
The Japanese government will begin its overhaul of public pension investment strategies, potentially paving a way for more commitments to the private equity. The review will cover investment strategies, risk management, and measures to increase returns...
CapVent buys Indian water purifier company
Capvent has bought a 51% stake in Morf India, a Chennai based water purification company with operations throughout South India. Financial details of the transaction were not disclosed.
Nexus invests $2.5m in Housing.co.in
Nexus Venture Partners will back Indian real estate search portal Housing.co.in with $2.5 million in funding to help expand its technology and data teams.
TEL Venture Capital invests in MIOX Corporation
TEL Venture Capital, the investment arm of Japanese semiconductor maker Tokyo Electron, has invested in US water technology company MOIX Corp. The details of the transaction were not disclosed.
Shinsei Bank backs Series B for Japan's Smart Education
Shinsei Corporate Investment (SCI), a unit of Japan's Shinsei Bank, has committed JPY75.3 million ($748,000) to educational smartphone app developer Smart Education. This brings the start-up's Series B round to a total of JPY350 million.
Australia's QIC enters US retail property market
Australian institutional investment manager QIC has made its first direct investment into the US property market after taking a position in eight regional retail malls worth $2.05 billion. QIC’s global real estate division will put in $435.6 million ($425...
KDDI, Yahoo, CyberAgent invest $3m in online language service
KDDI Open Innovation Fund, CyberAgent Ventures and YJ Capital - the investment arm of Yahoo Japan - have taken part in JPY330 million ($3.2 million) round of funding for RareJob, an English-language learning website.
City e-Solutions commits $25m in China property fund
CES Capital, a private equity arm of Hong Kong-listed City e-Solutions (CES), has committed $25 million to BEA Blue Sky Real Estate Fund, a vehicle operated by Bank of East Asia. The CES Capital contribution represents about half of the target fund size....
China Haitong Securities PE arm eyes buyout funds – report
Haitong Capital Investment, the PE arm of China Haitong Securities, is expected to launch its first renminbi- and US dollar- denominated buyout funds, targeting at least $526 million.
Australia's PEP eyes US debt financing market
Pacific Equity Partners (PEP) is considering US refinancing options for several of its portfolio companies after a well received debt offering for movie theater chain Hoyts in May. The Australian GP is one of several to opt for US over domestic debt markets,...
AIFMD: Brussels flexes it muscles
Europe’s Alternative Investment Fund Managers Directive (AIFMD), which comes into effect in July, will change the way private equity funds are marketed to EU investors. What does it means for Asian GPs?
A taste of Europe: Asian investor objectives
Asian LPs have become part of the landscape of European private equity, pursuing opportunities across buyouts, secondaries, credit and distress. But what do they really want from the region?
Q&A: Pacific Equity Partners' Tony Duthie
As one of Asia’s more mature markets, Australia has a different offering to most in the regional basket. Tony Duthie, managing director at Pacific Equity Partners (PEP), discusses buyouts, leverage and co-investment
European infrastructure: Bubble at the core
Asian investors are drawn to the diversification and yields offered by European infrastructure, but certain segments of the market are overheating. Prices are getting bid up and returns are likely to be pushed down
FountainVest scoops top AVCJ China Awards
AVCJ China Awards: Morgan Stanley PE Asia’s Homer Sun named PE Professional of the Year; the consortium behind Alibaba Group’s buyback win top deal honor; Carlyle gets exit award for China Pacific Insurance
East meets West: China PE and European corporates
Asian companies have sunk nearly $9 billion into European assets so far this year. In 2012, the final total for Asia-to-Europe M&A was more than $54 billion across 200 or so deals, according to AVCJ Research. This is more than was deployed in the four...
DBS buys more time for Bank Danamon control deal
DBS Group has extended the deadline for it to secure majority control of Indonesia’s Bank Danamon by two months to August 1. The bank wants to acquire the 67.4% stake in Danamon owned by Temasek Holdings – also DBS’ controlling shareholder – with a view...
ChrysCapital invests $44m in Indian FMCG CavinKare
ChrysCapital Partners has invested INR 2.5 billion ($44 million) to buy a minority stake in Indian consumer goods producer CavinKare.
Apax makes $22.6m from Apollo Hospitals partial exit
Apax Partners has made another partial exit from India’s Apollo Hospitals, generating proceeds of of INR1.28 billion ($22.6 million) via the National Stock Exchange.
TA-owned SpeedCast acquires Australia's Pactel
TA Associates-backed SpeedCast has acquired Pactel International, an Australia-based satellite communications service provider for an undisclosed sum, as part of effort to strengthen its presence in Asia.
INCJ-backed Seajacks sets up Japan wind farm unit
Seajacks International, a UK-based offshore energy services provider owned by Japan's Marubeni Corp. and government-backed Innovation Network Corporation of Japan (INCJ), has launched its first Asian subsidiary - Seajacks Japan.
Billabong turns to refinancing options as buyout talks falter
Embattled Australian surfwear company Billabong has discarded the possibility of a takeover by two PE-backed suitors and is now looking at asset sales and alternative means of refinancing its debt. The private equity firms involved in the bids – Altamont...