Southeast Asia
LP interview: Hamilton Lane
In addition to an advisory business that targets large-scale LPs, Hamilton Lane has a discretionary portfolio geared towards the middle market. It expects Asian GPs in this space to adapt to changing dynamics
Indonesia's Kejora adds partner, targets $100m fund
Indonesian venture capital firm Kejora Group has hired Eri Reksoprodjo, formerly of Saratoga Capital, as a partner as it looks to raise up to $100 million for its first institutional fund.
Deal focus: Bain revives FCI in Asia
Bain Capital spent 10 years restructuring Europe-based FCI - more than returning its capital from divestments in the process - into an Asia-focused electronics business
Portfolio: Armstrong Asset Management and The Blue Circle
Thanks to a strong relationship between their respective founders, Armstrong Asset Management has helped The Blue Circle become an influential player in Southeast Asia’s renewable energy sector
Profile: Garena's Nick Nash
Nick Nash left a career with General Atlantic to work for one of the private equity firm’s portfolio companies. A year later he sees it as one of the best moves he’s ever made
Malaysia's Ekuinas makes healthcare investments
Ekuinas, a private equity firm backed by the government of Malaysia, has invested a total of MYR79.8 million ($18.1 million) in two companies that support the healthcare sector.
Deal focus: CreditAccess pursues multi-market scale in Asia
Olympus Capital commits $30 million to support the roll-out of CreditAccess Asia's microfinance business in new markets
Singapore's Aslan Pharma closes $43m Series C round
Singapore-based biotech developer Aslan Pharmaceuticals has closed its Series C round of funding at $43 million with additional capital from new investor MVP Capital Partners.
VC-backed SE Asia e-commerce sites to merge
Moxy and Bilna, two VC-backed Southeast Asia e-commerce sites focused on female customers, have agreed to merge.
Olympus supports microfinance player's Asia roll-out
Olympus Capital Asia has agreed to invest $30 million in CreditAccess Asia, but this could just be the starting point as the India and Southeast Asia-focused microfinance institution (MFI) pushes into new markets, with Vietnam the likely next target....
Indonesia to tighten rules for foreign venture capital
Indonesia's financial regulators will introduce tighter rules for foreign venture capital investors doing business in the country.
Creador buys minority stake in 7-Eleven Malaysia
Creador has acquired a 6.56% stake in 7-Eleven Malaysia Holdings, the country’s largest convenience store chain with more than 1,900 stores, for around MYR108.8 million ($25.3 million).
Baring Asia to buy Interplex from CVC, Standard Chartered
Baring Private Equity Asia is set to buy Singapore-listed precision engineering business Interplex Holdings after CVC Capital Partners and Standard Chartered Private Equity agreed to tender their combined 57.7% interest in the company.
KKR sets up oil and gas services platform
KKR has set up an oil and gas services platform that will handle the engineering, maintenance, repair and overhaul needs of owners and operators.
CVC commits growth capital to Indonesia's Softex
CVC Capital Partners has made its fourth investment in Indonesia, taking a minority stake in Softex Indonesia. The size of the investment was not disclosed.
New Forests invests in Indonesia rubber plantation
Agriculture and timberlands investor New Forests has agreed to invest in a large-scale rubber plantation in Indonesia with local strategic partner Sampoerna Agro.
Portfolio: Shaw Kwei & Partners and Beyonics
When Shaw Kwei & Partners bought Singapore-based electronic manufacturing services player Beyonics, it was in debt and making no money. A strategic repositioning has returned the business to profitability
Deal focus: The online-offline element
Southeast Asia's aCommerce delayed its Series B round in order to form a strategic partnership with - and take some capital from - Europe-headquartered DKSH
The crystal ball: Predictions for 2016
From Australia to China and buyouts to venture, industry participants give their perspectives on the year to come for fundraising, investments, and exits
Formation 8 leads round for Korea's Yello Mobile
Formation 8 has re-upped in South Korean mobile internet company Yello Mobile, leading a $47.2 million financing round. The capital will be used to strengthen the company’s business domestically and across Asia.
Northstar leads $1b financing deal for Indonesia's Salim Group
Northstar Group has led a $1 billion investment in Salim Group, one of Indonesia’s largest conglomerates, through a structured transaction. TPG Capital and Gateway Management also participated.
LeapFrog gets $200m as OPIC commits to emerging markets GPs
The Overseas Private Investment Corporation (OPIC) has committed $200 million to LeapFrog Investments as part of a $1 billion financing drive for development-oriented funds in emerging markets.
DKSH acquires 20% of Southeast Asia-focused aCommerce
DKSH, a Switzerland-based company that helps clients find outsourcing partners in new markets, has acquired a 20% stake in Southeast Asia-focused e-commerce solutions provider aCommerce.
AVCJ Awards 2015: Operational Value Add: ECO Industrial Environmental Engineering
Navis Capital Partners saw in ECO Industrial Environmental Engineering a potential leader in the hazardous waste management industry. Getting there was tougher than expected