Region
Blackstone buys China land parcel for $482m - report
The Blackstone Group has reportedly invested more than RMB3 billion ($482 million) for 600,000 square meters of land in China's Jiangsu province. The deal was finalized in October and has received approval from the Ministry of Commerce.
GEF to invest $8.4m in India's IClean
Global Environment Fund (GEF) has invested INR450 million ($8.4 million) for a minority stake in Integrated Cleanroom Technologies (IClean), which manufactures prefabricated modular cleanrooms and related equipment.
Infinity and affiliate secure 4.7% of Anxin-China
Infinity Group, the Israel-based private equity firm created by China Development Bank and Israeli conglomerate IDB Group, has joined an affiliate in purchasing a 4.7% stake in Anxin-China Holdings for $30 million.
Kirkland & Ellis adds Chinese PE lawyer to HK office
Kirkland & Ellis has added private equity M&A specialist Frank Sun to its Hong Kong practice. Sun joins the firm as a partner from US rival Paul Weiss.
PE-backed Amtek sells 5% stake in subsidiary
Auto component maker Amtek Auto, which is backed by Warburg Pincus and ChrysCapital, has sold a 5% stake in its subsidiary Amtek Crankshafts (India) to an unnamed foreign investor for INR223 million ($4.1 million).
Orchid to cornerstone Time Watch's Hong Kong IPO
Orchid Asia will participate as a cornerstone investor in Chinese watchmaker Time Watch Investments' proposed Hong Kong IPO. The private equity investor will inject about HK$204 million ($26.3 million) for an 8.03% stake in the company.
Ropes & Gray appoints special situations partner in Hong Kong
Ropes & Gray has promoted Daniel Anderson as a partner in its special situations practice in Hong Kong. He was previously a counsel with the firm.
Korean couples app raises $3m Series B funding
Korean social media application Between has raised a $3 million Series B funding round from new and existing venture capital players. The proceeds will be used to expand the company's presence outside its home market.
CX Partners' security deal hits regulatory hurdle
CX Partners’ proposed INR5 billion ($89.5 million) investment in private security firm Security and Intelligent Services India (SIS India), one of the pioneers of the country's private security industry, has yet to clear regulatory hurdles six months...
China cross-border deals: Inside out and outside in
Many mid-cap Western companies want to boost their China exposure, but lack the resources to address the market properly. Some – but not all – PE firms are able to pick apart broken strategies and build them anew
Big data, big deal?
Following the success of India’s business process outsourcing industry, big data is being touted as the next major opportunity for technology investors in the country
Summit Partners to invest $25m in The Iconic
Summit Partners is expected to invest $25 million into Australian fashion online retailer, The Iconic.
Creador closes Fund I, eyes Fund II
With his first fund days away from a final close, Creador CEO Brahmal Vasudevan is already thinking about a successor vehicle. This is because Creador I, which focuses on India, Malaysia and Indonesia, is on course to be more than two-thirds deployed...
TA Associates' Dhiraj Poddar promoted to principal
TA Associates has promoted Dhiraj Poddar to principal in its Mumbai Office. His job title was previously director.
Fulcrum Venture India invests $1.5m in Congruent Solutions
Fulcrum Venture India has invested INR80 million ($1.5 million) for a 20% stake in Congruent Solutions, a specialist software service provider in the pension administration industry.
Samsung Ventures invests in Fixmo
Samusung Venture Investment Corp, the venture capital unit of Samsung Group, has invested in Canada's Fixmo, a mobile security solutions firm. Details of the transaction were not disclosed.
CapAsia taps Japanese for infra fund
As Japanese companies struggle in shrinking domestic market, government agencies and financial institutions have joined forces to promote local expertise overseas. For Capital Advisors Partners Asia (CapAsia), the country has become an attractive LP market....
UTI Capital invests in VC-backed Bharat Light - report
Bharat Light and Power (BLP), which owns and operates power generation facilities in India, has reportedly raised INR2 billion ($37.2 million) from UTI Capital, as well as existing investors VenturEast and Draper Fisher Jurvetson.
Bain-backed Sunac drops on share-sale plan
Sunac China Holdings, a Hong Kong-listed Chinese property developer backed by Bain Capital, suffered from the biggest drop since March after announcing plans to sell HK$2 billion ($248 million) worth of shares.
J-Star completes clothing brand turnaround
Three and-a-half years ago, Olive des Olive, a hip teen clothing-brand based out of Tokyo, was suffering. Having filed for bankruptcy, its reputation frayed by allegations that its clothing came from a factory in China and had been re-labeled “Made in...
Advantage sees 7x return on coffee chain deal
When Advantage Partenrs paid JPY15 billion ($146 million) for a 78% stake in Komeda Coffee in 2008, the chain was to a certain extent a victim of its own success. After more than 40 years of expansion the company had grown to around 300 stores and its...
LP interview: Japan's Government Pension Investment Fund
Japan’s Government Pension Investment Fund (GPIF) is considering the addition of alternative investments to its portfolio. It must find a balance between conservatism and the need for higher returns
MGPA in $111m Australia office building deal
MGPA, a private equity real estate investment firm, has paid A$105.67 million ($111 million) for a Grade A office building located at Perth. This is the first investment made from MGPA’s EUR500 million ($639 million) Asia property fund, a vehicle structured...
Everstone acquires stake in India's Transpole
Everstone Capital has invested INR2.2 billion ($41 million) to acquire a significant minority stake in Transpole Logistics, one of the leading freight forwarders in India. The company will use to proceeds to expand overseas operations in China, Malaysia,...