Hong Kong and Singapore both position themselves as the headquarters of choice for private equity firms in Asia. But the competitive dynamics – from politics to structures – are not straightforward
Honorio Poblador, co-founder at Philippines-based Navegar, explains how his firm is positioning its second fund – newly closed at $197 million – in the face of the COVID-19 downturn
Asia private equity fundraising rebounded from a seven-year low in the first quarter of the year to reach $24 billion for April through June, but commitments were concentrated on a handful of managers.
Vietnam’s VinaCapital and Japan’s Daiwa PI Partners are poised to make a partial exit from Vietnamese dairy producer International Dairy Products (IDP).
CLSA, the international arm of China-based brokerage CITIC Securities, has launched a strategy to offer high net worth clients investment opportunities in late-stage private companies in Asia.
Manila-based private equity firm Navegar has closed its second Philippines fund with $197 million in commitments. The initial target was $150 million.
Openspace Ventures has achieved a first close of more than $90 million on its third Southeast Asia fund, which has an overall target of $200 million.
Growth capital investor B Capital expects enterprise services to feature prominently in its Fund II portfolio as technology ecosystems in Southeast Asia and India continue to develop
Cutting non-core operations is the standard corporate response to an economic downturn. Companies in Asia must decide whether the long-term benefits of exposure to new technologies outweighs short-term pain
Social Bella, an Indonesian online services provider for the beauty and personal care industry, has raised $58 million in Series E funding.
Sequoia Capital closed its latest set of funds for deployment in India and Southeast Asia with $1.35 billion in commitments.
Indies Capital, a Singapore-based GP focused on Indonesia, has reached a first close of $100 million for its third flagship private equity and credit fund.
Dutch impact investor FMO has maintained significant appetite for private equity and developing Asia with relatively few resources at its disposal. Fintech is the next frontier
Clime Capital, a newly established cleantech investor based in Singapore, has launched a clean energy fund for Southeast Asia targeting $50 million.
B Capital Group, a US-based VC with a presence in Singapore and a significant Asia portfolio, has closed its second global fund at $820 million.
In internet service provider Frontiir, Ascent Capital believes it has a portfolio company that can deliver profit and positive social impact in Myanmar
Medical devices has become a difficult place to invest but potentially all the more rewarding for those willing to take the plunge. Asia is in a prime position globally
Japan’s Accordia Golf, which was acquired by MBK Partners in 2017, has agreed a S$804.1 million ($577 million) privatization of a Singapore-listed trust it established six years ago as the holding entity for 88 golf courses.
Lightspeed India Partners and Falcon Edge Capital have led a $7 million Series A round for Nextbillion, a Singapore-based provider of artificial intelligence-enabled mapping software solutions.
Indonesia’s East Ventures has reached a first close of $57 million on its eighth fund. The target is $88 million.
Tencent Holdings has agreed to acquire the assets of Malaysia-headquartered streaming platform Iflix, which was previously backed by a number of private equity and strategic players.
BRI Ventures, a unit of Bank Rakyat Indonesia, has launched a locally incorporated fund that will invest local start-ups.
Ascent Capital, a Singapore-based private equity firm, has made its debut investment in Myanmar by leading a $26 million commitment to internet service provider (ISP) Frontiir.
KKR's investment in Vietnam property developer Vinhomes is supposed to tap into infrastructure development as well as the home-ownership ambitions of a burgeoning middle class