A millennial member of one of Indonesia’s most prominent family business groups, John Riady became a VC investor in 2011. He has witnessed a nascent digital economy begin to fulfil its promise
Novo Tellus Capital Partners, an investor in industrial technology assets across the Indo-Pacific region, has reached a first close of approximately USD 375m on its third fund – matching the overall target for the vehicle.
LeapFrog Investments has invested USD 50m in Singapore’s Bolttech, the insurance technology business of Pacific Century Group.
Hong Kong’s package of incentives for family offices is intended to redress a balance that has swung in favour of Singapore. Geopolitics is dampening its competitive advantages
Private equity firms with masses of information, long histories, and long futures will be vulnerable to code-cracking quantum computers perceived as lurking on an inevitable near-term horizon
Growth rounds for cashflow positive companies have facilitated most of Vertex Ventures Southeast Asia and India’s exits – and laid the ground for its recent USD 541m fundraise
Southeast Asia-focused Growtheum Capital Partners has announced its second dairy deal in five months, with an investment in Indonesia-based ABC Kogen Dairy, commonly known as Kin Dairy.
KKR has agreed to acquire a 20% stake in Singtel’s Asia data centre business for SGD 1.1bn (USD 800m) via its infrastructure strategy.
Lion X Ventures and Vickers Venture Partners have led a Series B round of approximately USD 20m for Awak Technologies, a Singaporean start-up that makes wearable dialysis treatment devices.
MDI Ventures, an investment firm supported by Telkom Indonesia, has merged two existing programmes to form Ascent Venture Group, which is looking to raise USD 200m for deployment in Southeast Asia.
Singapore-based e-commerce services provider Amp, which was founded by the team behind inventory and order management platform TradeGecko, has raised USD 18.5m in Series A funding.
Sumitomo Life will become the largest shareholder in Singapore Life (Singlife) – an insurer also backed by TPG Capital – having agreed to acquire Aviva’s 25.9% stake in the business for GBP 800m (USD 999m).
Vertex Ventures Southeast Asia and India (VVSEAI), an early-stage investor affiliated with Temasek Holdings-owned Vertex Holdings, has closed its fifth fund with USD 541m in commitments.
By investing early and building a diversified portfolio, 500 Global emerged from the technology valuation corrections somewhat unscathed. This gave the firm impetus when raising its third Southeast Asia fund
ShawKwei & Partners found its niche in Asia-based industrials businesses with relative cost advantages. Thanks to geopolitics and shifting growth patterns, the GP is now targeting assets in North America
Protégé Ventures (PV), a student-run venture fund programme set up by the Singapore Management University Institute of Innovation & Entrepreneurship (SMU IIE) has launched a second fund of SGD 500,000 (USD 367,000).
Asia-focused industrials specialist ShawKwei & Partners has completed two investments in the US spanning packaging manufacturing and environmental chemicals.
Financial innovation-focused Quona Capital operates across global developing markets with a compact team and a strict returns-focused impact agenda. Asia dominates the growth narrative
500 Global has raised USD 100m for its third Southeast Asia-focused early-stage fund and USD 43m for a vehicle that will target growth-stage start-ups in the region.
Thailand-based conglomerate Charoen Pokphand Group (CP Group) has launched a USD 2bn fund that will focus on high-growth middle-market companies in Southeast Asia.
Having won early support from as assortment of local conglomerates, Indonesian venture capital firms must now demonstrate their independence when pitching international LPs
Templewater, a Hong Kong-headquartered investment firm that spun out from Investec Group’s principal investments division, has acquired Singapore-based precision engineering business Knight Auto Precision Engineering.
Dymon Asia Private Equity has sold 100% of Singapore-based biohazardous waste disposal business Asia Medical Enviro Services (AMES) to Indonesia-listed coal miner TBS Energi Utama.
Indonesian venture capital firm Venturra has teamed up with Netherlands-based investment group Dasym to institutionalise operations ahead of the launch of its next fund.