Region
AVCJ at 25: Bill Ferris & Joe Skrzynski of CHAMP Private Equity
Bill Ferris and Joe Skrzynski set up Australian Mezzanine Investments in 1987. Now known as CHAMP Private Equity, the firm was responsible for some of Australia’s first buyouts and then saw the market rise and rise during the 2000s
AVCJ at 25: Luis Miranda of IDFC Private Equity
Luis Miranda became CEO of a fledgling IDFC Private Equity in 2002, raised India’s first infrastructure fund, and helped prove that the sector can make money. A flood of new capital arrived and the country is still adjusting to it
AVCJ at 25: Renuka Ramnath of Multiples Alternative Asset Management
Renuka Ramnath, founder and CEO of Multiples Alternative Asset Management, helped kick-start India VC as ICICI Venture grew from a small-scale backer of internet start-ups into the country’s leading private equity firm
AVCJ at 25: Yichen Zhang of CITIC Capital
Yichen Zhang, CEO of CITIC Capital, watched as pre-IPO strategies took Chinese private equity to unthinkable highs in the mid- to late-2000s. As the market returns to more sustainable levels, he sees control opportunities amid the chaos
AVCJ at 25: John Zhao of Hony Capital
John Zhao, founder and CEO of Hony Capital, teamed up with Legend Holdings to create China’s first buyout fund in 2003. Nearly 10 years on, he is still restructuring state-owned enterprises but also looking to go overseas
AVCJ at 25: X.D. Yang of The Carlyle Group
X.D. Yang, managing director and co-head of Carlyle Asia Partners, joined the buyout firm as it sought to up its game in China. A hugely successful insurance investment remains the landmark deal, but he expects to see more
AVCJ at 25: Joe Bae of KKR
Joe Bae, partner and head of Asia at KKR, set up the private equity firm’s regional operation seven years ago with two principal goals: being as local as possible and building a franchise that is sustainable in the long term
AVCJ at 25: Michael B. Kim of MBK Partners
Michael B. Kim, founding partner of MBK Partners, left The Carlyle Group in 2005 to set up his own private equity firm. The time was right, the capital was available, and there was a desire to become more local
AVCJ at 25: Finian Tan of Vickers Capital
Finian Tan, founder and chairman of Vickers Capital Group, identified Baidu as a start-up and guided the search engine provider all the way to IPO. It was the first in a string of post-tech bubble investments in Chinese internet companies
AVCJ at 25: Lip-Bu Tan of Walden International
Lip-Bu Tan, founder and chairman of Walden International, plotted the route by which foreign venture capital entered China’s internet sector, as well as guiding dozens of Asian companies from start-up to listing
AVCJ at 25: Roy Kuan of CVC Capital Partners
Roy Kuan, managing partner at CVC Capital Partners, witnessed a transformation in private equity in the wake of the Asian financial crisis. Suddenly he was in the buyout business, carving out assets from distressed conglomerates
AVCJ at 25: Weijian Shan of PAG
Weijian Shan, chairman and CEO of PAG, made his name in private equity turning around troubled companies for Newbridge Capital. Two bank deals helped open international investors’ eyes to the Asia buyout opportunity
AVCJ at 25: George Raffini of Headland Capital Partners
George Raffini spent 21 years with HSBC’s Asia private equity unit before the team spun out to form Headland Capital Partners in 2010. He witnessed Asia reach new highs in the 1990s before brutally falling to earth
AVCJ at 25: Ta-Lin Hsu of H&Q Asia Pacific
Ta-Lin Hsu, founder and chairman of H&Q Asia Pacific, brought venture capital to Taiwan as part of efforts to develop the tech sector. It was a launching pad for private equity across the region
AVCJ at 25: Lewis Rutherfurd of Inter-Asia Venture Management
Lewis Rutherfurd, co-founder of Inter-Asia Venture Management, has been active in the industry for 40 years. During that time he brought McDonald’s and Ikea to Hong Kong – and set up Asian Venture Capital Journal
New Zealand's Pencarrow reaches final close of $101m on Fund IV
New Zealand-based GP Pencarrow Private Equity has reached a final close on its latest fund at NZ$124 million ($101 million).
Carlyle-backed Repco Home Finance launches IPO
Repco Home Finance (RHF), which is backed by The Carlyle Group, Wolfensohn Capital Partners and Creador, launched its IPO on Wednesday, seeking to raise INR2.7 billion ($49 million).
NEA, Headland-backed ValueFirst acquires mobile video service
ValueFirst Digital Media, a digital media company backed by Headland Capital Partners and New Enterprise Associates, has acquired clk2c.com, a unit of Samadhan Systems.
Helion, Nexus commit $10m to Indian e-commerce player ShopClues
Helion Venture Partners and Nexus Venture Partners have invested INR540 million ($10 million) in e-commerce firm Shopclue.com. Netprice.com CEO Teruhide Sato also participated in the funding round.
Australia's Blackbird Ventures reaches first close on VC fund
Sydney-based VC firm Blackbird Ventures has reached a first close of A$20 million on its A$30 million ($31 million) internet-focused venture capital fund.
Unitas to complete $800m Exego exit to Genuine Parts
Unitas Capital will complete its exit from Australian car parts supplier Exego in April through an $800 million sale, including debt, to Genuine Parts.
Morgan Creek to deploy over half of Fund II in China – report
Morgan Creek Capital reportedly plans to deploy at least 60% of its next Asian fund-of-funds in China. The vehicle, the firm’s second dedicated to the region, has a target of $300 million.
Temasek's Vertex leads Series B round for Clearbridge BioMedics
Vertex Ventures, a VC unit of Temasek Holdings, has led a Series B round of financing for Singapore-based Clearbridge BioMedics worth S$9 million ($7.2 million). Other participants include existing investor BioVeda, Spring Seeds Capital, Biosensors International...
CX Partners targets May first close for India mezz fund
India’s CX Partners is aiming to raise the first round of capital for its new mezzanine fund by May.