Southeast Asia
Fund focus: INSEAD alumni pay it forward
INSEADAlum Ventures, a seed-stage investor focused exclusively on INSEAD alumni, has raised its debut fund from a group of graduates keen to give back to the school where they got their start
China tech players in SE Asia: Strategic outpost
Chinese internet companies increasingly see Southeast Asia as a market that can help counterbalance slowing growth back home. For certain business models, it is an expensive and time-consuming process
VIDEO: Ilfryn Carstairs, Värde Partners
Ilfryn Carstairs, co-CIO of Värde Partners, discusses distress and structured credit opportunities globally and in Asia
Tembusu exits Singapore-based Ednovation to CDH
CDH Investments has acquired a 36% stake in Ednovation, a Singapore-based operator of pre-schools in Southeast Asia and China, from Tembusu Partners in a deal said to be worth more than S$50 million ($35 million).
Carlyle promotes SE Asia buyout head Sunil Kaul to partner
The Carlyle Group has promoted Sunil Kaul (pictured), who leads buyout operations in Southeast Asia, from managing director to partner. His is one of 62 senior promotions announced by the firm, of which 15 are Asia-based professionals.
Singapore's Marvelstone launches venture arm
Singapore-based private investment group Marvelstone has launched a venture capital arm that will focus on companies developing smart city technologies.
Fund focus: LPs sign up for Axiom's simple solution
Changes in the market and turnover in the team notwithstanding, Axiom Asia secured $1 billion for a fourth fund much like its previous three: a co-mingled fund-of-funds that offers exposure to hard-to-access GPs
East Ventures raises $27.5m for SE Asia fund
Singapore-based East Ventures has raised $27.5 million for a fund that will invest in early-stage technology companies in Southeast Asia.
China's Xianghe Capital leads $30m Series B for Lalamove
Hong Kong-based delivery start-up Lalamove has raised a $30 million Series B round of funding led by Xianghe Capital, a China-focused VC fund set by a former Baidu executive.
VIDEO: Michael Chu & Ravi Thakran, L Catterton
Michael Chu, global co-CEO at L Catterton, and Ravi Thakran, managing partner and chairman of L Catterton Asia, discuss the merger of Catterton and L Capital
Singapore business school INSEAD launches seed fund
INSEADAlum Ventures (IAV), the Singapore-based VC arm of international business school operator INSEAD, has launched a seed fund dedicated to its alumni and faculty networks across Europe and Asia.
Tencent forms alliance with Thailand's VC-backed Ookbee
Chinese internet giant Tencent Holdings has teamed up with Thailand-based Ookbee, a VC-backed digital magazine platform, to pursue growth opportunities in Southeast Asia’s online media space.
INCJ, Khazanah back SE Asian telecom spin-out
Patient Japanese capital and state-backed Malaysian funding underpin a partial spin-out of Southeast Asia telecom towers business Edotco from Axiata
VIDEO: Khailee Ng, 500 Startups
Khailee Ng, managing partner at 500 Startups, discusses the development of venture capital in Southeast Asia
AVCJ Awards 2016: Exit of the Year - Mid Cap: Golden Foods Siam
Golden Foods Siam was struggling when Navis Capital Partners took it over, but the GP’s willingness to give management the needed tools helped generate a 3.4x return
AVCJ Awards 2016: Deal of the Year - Late Stage Tech: Go-Jek
As an early-mover in Indonesia’s online-to-offline space, Go-Jek has built up a presence in 14 verticals. Its Series D round is intended to help consolidate this dominant position
Singapore's GIC backs $2.9b US IT take-private
GIC, Singapore’s sovereign wealth fund, is set to take a minority stake in New York-listed IT services provider Neustar as part of a take-private led by US-based Golden Gate Capital that values the company at $2.9 billion.
Creador closes Fund III at $415m
Creador has reached a final close of $415 million on its third Southeast Asia and India-focused fund, short of the original $450 million target.
INCJ, Khazanah invest $600m in Malaysian telecom player
Innovation Network Corporation of Japan (INCJ) and Malaysian state-controlled fund Khazanah Nasional have agreed to invest a combined $600 million in Kuala Lumpur-based telecom infrastructure company Edotco.
The crystal ball: Predictions for 2017
From LPs looking for realizations from GPs as well as paper gains, to the factors contributing to more buyout opportunities in China, industry participants give their perspectives on the year to come
2016 in review: Uncertainty reigns
Infrastructure and late-stage technology among the few investment bright spots; renminbi vehicles dominate the fundraising landscape; public market instability undermines exit plans
Q&A: Värde's George Hicks
George Hicks, CEO and CIO of global credit investor Värde, on looking beyond big default cycles, taking advantage of bank retrenchment opportunities, and the importance of building strong local teams
Honda invests in Singapore's VC-backed Grab
Southeast Asia-focused ride-hailing app operator Grab has agreed to a strategic partnership with Honda that will include an investment from the car maker.
Rocket Internet sells Foodpanda to Delivery Hero
Germany-based start-up developer Rocket Internet has sold its entire stake in emerging markets-focused food delivery app Foodpanda to the company's main global competitor, Delivery Hero.