Region
Australia webinar: Consistency matters
Australia's private equity industry has seen robust deal flow in recent years and LPs remain committed to the asset class, albeit to a fewer number of GPs. Industry participants expect this to continue
Indian government stays firm on its e-commerce FDI ban
The Indian government has said it will not revise its current ban on foreign direct investment (FDI) in India's e-commerce sector.
Brookfield among suitors for CapitaLand's Australand - report
Canadian private equity firm Brookfield Asset Management is said to be among several investors targeting real estate developer Australand Property Group.
India's Grameen Koota raises $9.6m from VCs
Indian's Grameen Financial Serivces (GFS), also known as Grameen Koota, has raised INR532 million ($9.6 million) from Creation Investments, Incofin Investment Management and MicroVentures in its third round of funding.
PE-backed Blue Star entities pick up assets from Geon
Blue Star’s Australia and New Zealand entities, which are now run by two separate private equity-backed management groups, have agreed to buy assets from struggling rival printing company Geon.
Australian firms tap US high-yield market for record sums
Australian companies have raised a record $6.2 billion in high-yield debt via the US markets in the last five months. This includes about $700 million in Term Loan B financing obtained by hedge funds Apollo Global Management and Oaktree Management to...
KPCB, IDG-Accel invest $10m in China's EntreMed
KPCB China and IDG-Accel China have agreed to invest $10.7 million in EntreMed, a clinical-stage pharma company that develops drugs in the US and China for global release.
Pragnya invests $10m in India, Sri Lanka property projects
Indian real estate private equity firm Pragnya Advisors has invested $5 million in a residential project in Bangalore and another $5 million in an office space development in Colombo, Sri Lanka.
Avendus launches third India PIPE fund
Avendus Private Equity has launched its third PIPE fund. India Opportunities Fund III is targeting INR5 billion ($91 million) and will focus on investments in high quality mid-cap companies.
Aditya Birla-backed Tree House to acquire Brainworks
Pre-school management company Tree House Education, backed by Aditya Birla Capital Advisors, is to acquire 100% of Brainworks Learning Systems, a national chain of pre-schools. Brainworks is part of Better Value Brands.
Blue Sky makes two hires, opens Sydney office
Australia’s Blue Sky Alternative Investments has hired two executives with corporate finance private equity backgrounds to run its operations in Sydney and Adelaide.
Morgan Stanley to complete $147m China dairy take-private
Morgan Stanley Private Equity Asia (MSPEA) is on the cusp of completing a $147 million buyout of Chinese dairy producer Feihe International after the board accepted a bid from the PE firm in conjunction with the company’s chairman and CEO. It is the sixth...
Share your views on Indonesian PE in AVCJ's online poll
Indonesia has emerged as one of Asia’s most popular PE markets with global and regional firms looking to put more people on the ground in search of deals while a host of fledgling domestic GPs have hit the fundraising trail. Today we ask AVCJ readers...
Warburg Pincus-backed ACB India plans to raise $200m through IPO, OFS
ACB India, a coal preparation plant operator backed by Warburg Pincus, is planning to raise as much as INR11 billion ($200 million) through an IPO and offer for sale (OFS) later this month.
CapitalAsia backs Canadian copper miner
CapitalAsia has agreed to invest $1.2 million in Toronto-listed copper miner Cadillac Ventures via the Sino-Canada Natural Resources Fund.
No date set for resuming China IPO approvals – CSRC
The China Securities Regulatory Commission (CSRC) has yet to set a timetable for resuming IPO approvals, scotching rumors that it would start pushing through new candidates in April, an official from the securities watchdog told Xinhua news agency.
KKR boosts capital markets, Capstone teams in Japan
KKR has strengthened its Japan team with the appointment of Hiro Shimizu and Sakae Suzuki as directors. The private equity firm now has 12 people in its Tokyo office.
India's Hikal raises $8m debt from IFC
Indian chemical company Hikal, part of the Kalyani Group, will receive $8 million in debt financing International Financial Corporation (IFC).
Apax, Permira-backed New Look eyes China expansion
UK fashion retailer New Look, which is backed by Apax Partners and Permira, is looking to expand into China.
AVCJ hosts Indonesia webinar
Leading investors will debate whether Indonesia deserves its status as Asia’s fastest-rising private equity market at an AVCJ webinar on March 5. It will begin at 4 p.m. (3 p.m. Jakarta time) and will last for approximately 45 minutes. Audience members...
India to tax buyback exits by foreign investors
India plans to impose a 20% withholding tax on foreign investors in private companies who exit their holdings through a buyback of shares. Investments routed through jurisdictions such as Mauritius and Singapore to take advantage of double tax treaty...
JAFCO invests $5 million in HiringBoss
Japanese venture capital firm JAFCO has put $5 million into HR software provider HiringBoss in a Series A round of funding.
Apax Partners continues Apollo Hospitals exit
Apax Partners has continued its exit of Apollo Hospitals, selling a 3.8% stake for INR4.4 billion ($83 million).
Australia's Pacific Road in Canadian resources deal – report
Australian private equity firm Pacific Road Capital Partners is investing A$10 million ($10.2 million) in coal mining firm CoalMont to fund its mining project in Canada.