Southeast Asia
Emerging Asia healthcare: Pilot programs
Buy-and-build strategies, a mainstay of the PE toolkit in developed markets, are gaining exposure in emerging Asia’s healthcare sector. Proving a viable exit path will be the key to widespread adoption
BlueChilli launches health-tech accelerator in Singapore
Australia’s BlueChilli has launched a health-tech accelerator in Singapore in cooperation with the local government as part of a broader pivot toward the region.
Proventeus targets $150m for Southeast Asia fund
Proventeus Capital, a private equity firm established by a team that spun out from the Malaysia branch of Kuwait Finance House, is looking to raise $150 million for a Southeast Asia mid-market buyout fund.
Southeast Asia VC: Growth agenda
Growth funds targeting B and C rounds for technology start-ups continue to gain traction with Southeast Asia venture capital managers keen to fill the late-stage funding gap
LPs ramp up emerging markets due diligence efforts - survey
Private equity investors in emerging markets are expanding the scope of their manager due diligence, driven by the weaknesses exposed in the demise of Abraaj Group as well as by increasing emphasis on environment, social, and governance (ESG) protocols....
KKR supports privatization of Singapore-listed 800 Super
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 appoints Southeast Asia head
Eight Roads Ventures, the proprietary investment arm of Fidelity International, has named Dave Ng as its head of Southeast Asia based in Singapore.
Singapore's Pegasus 7 acquires Axiata Digital Ventures portfolio
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 to launch $150m VC fund
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.
Jungle reaches $175m first close on SE Asia VC fund
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 supports take-private of Malaysia's Yee Lee
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-backed Leong Hup seeks up to $288m in Malaysia IPO
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.
Investors prioritize policy continuity in Indonesia - AVCJ Forum
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.
Monk's Hill leads Series A for Singapore sales tech supplier
Singapore-based Monk’s Hill Ventures has led a $5.3 million Series A round for domestic enterprise technology provider Saleswhale.
Indonesia: All about the tech
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?
Kejora joins $50m Series A for Indonesia's Sicepat
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's Golden Equator gets $18m strategic investment
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.
Grab vs Go-Jek: Hitting the gas
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
Singapore biomaterials player gets $22m
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's HappyFresh gets $20m Series C
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.
China fintech in Indonesia: Uncertainty bites
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
Malaysia's RHL Ventures launches SME fund
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.
Q&A: Creador's Stefanus Hadiwidjaja
Stefanus Hadiwidjaja, an Indonesia-based managing director with Southeast Asia private equity firm Creador, discusses deal sourcing, entrepreneur engagement, and cross-border expansion strategies
Monk's Hill appoints two Southeast Asia partners
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.