KKR is supporting a management-led delisting of 800 Super that values the Singaporean waste management services company at S$161 million ($118 million).
Eight Roads Ventures, the proprietary investment arm of Fidelity International, has named Dave Ng as its head of Southeast Asia based in Singapore.
Pegasus 7 Ventures, an investment fund managed by Singapore’s Gordian Capital, has agreed to acquire the venture portfolio of Axiata Digital, the digital services arm of Malaysia’s Axiata Group, at a valuation of $140 million.
Philippines conglomerate Ayala Corporation has confirmed plans for a $150 million venture capital fund that will invest globally in new technologies. It will be managed by local VC firm Kickstart Ventures.
Singapore-based VC investor Jungle Ventures has reached a first close of $175 million on its third Southeast Asia-focused fund. The vehicle has an overall target of $220 million.
Dymon Asia Private Equity (DAPE) has backed a MYR186 million ($44.9 million) privatization bid for Yee Lee Group, a Malaysia-listed conglomerate with interests in food and agriculture, hospitality, logistics, and packaging.
Affinity Equity Partners is set to make a partial exit from Leong Hup International as the Malaysian poultry producer looks to raise up to MYR1.19 billion ($288 million) in a domestic IPO.
Both candidates in Indonesia’s presidential election continue to claim victory, but unofficial counts conducted by polling agencies that point to another term for Joko “Jokowi” Widodo are a source of comfort for investors seeking stability.
Singapore-based Monk’s Hill Ventures has led a $5.3 million Series A round for domestic enterprise technology provider Saleswhale.
The center of gravity within Indonesia's private markets appears to have shifted from PE to VC. Is it a structural or a cyclical phenomenon?
Indonesian logistics start-up Sicepat Ekspres has raised $50 million in Series A funding from Kejora Ventures and Barito Teknologi, the technology investment arm of Indonesian energy conglomerate Barito Pacific.
Singapore-based investor Golden Equator has received a S$24.6 million ($18 million) strategic investment from a group of high net worth individuals and sovereign wealth funds.
As Grab and Go-Jek accumulate war chests to finance their battle for leadership in Indonesia’s online services space, the greatest benefit could go to the next generation of local technology entrepreneurs
RWDC Industries, a Singapore-based materials developer focused on biodegradable plastics, has raised $22 million from a group of investors including Vickers Venture Partners.
Indonesia-based online grocery delivery platform HappyFresh has raised a $20 million Series C round led by Mirae Asset Capital and South Korean internet conglomerate Naver.
Indonesia’s fintech space represents an attractive market for Chinese start-ups looking to go cross-border. However, their reputation has been soured by misbehaving P2P lending platforms
RHL Ventures has launched a MYR100 million ($24.2 million) fund focused on small to medium-sized enterprises (SME) with a cornerstone investment from government-owned SME Corp Malaysia.
Stefanus Hadiwidjaja, an Indonesia-based managing director with Southeast Asia private equity firm Creador, discusses deal sourcing, entrepreneur engagement, and cross-border expansion strategies
Singapore-based Monk’s Hill Ventures has appointed Michele Daoud (pictured) and Justin Nguyen as partners to expand deal sourcing capacity and portfolio support across Southeast Asia.
Indonesia has become a source of frustration for LPs that want to see more exits. A weak currency, slower growth and rising competition aren’t helping GPs as they seek to deliver the required returns
Indonesia has set the stage for more private sector involvement in a government-dominated and desperately underdeveloped infrastructure space. A range of intangibles could impede the integration
Two executives from The Abraaj Group, including founder Arif Naqvi, have been arrested on US fraud charges relating to the collapse of the growth markets-focused private equity firm.
The Asian Development Bank (ADB) and education-focused Kaizen Private Equity have invested PHP1.6 billion ($31.5 million) in Phinma Education Holdings, the tertiary education arm of Philippines-based conglomerate Phinma.
Proventeus Capital, a Southeast Asia-focused middle-market buyout firm, has exited the Philippines franchise of casual dining chain Kenny Rogers Roasters to the company’s founders, receiving PHP1.79 billion ($34 million).