Chinese commercial space launch start-up LandSpace has secured RMB300 million ($43 million) in an extended Series B round led by China Growth Capital.
BMC Europe Fund I, a PE vehicle launched earlier this year with support from Shanghai International Group (SIG), has completed its first investment with the acquisition of German industrial textiles manufacturer Cordenka for EUR240 million ($274 million).
South Korean private equity investors warned the AVCJ Forum that valuations and an increase in the minimum wage could play havoc in the market next year following what has so far been a relatively benign 2018.
The Blackstone Group has agreed to sell Ixom, a chemicals business it carved out from Australia’s Orica three years ago, to Keppel Infrastructure Trust (KIT) for approximately A$1.1 billion ($792 million).
Permira has acquired a 50% stake in Ye Cheng Industrial Products, a Taiwan-headquartered aquatic feed producer that operates under the Grobest brand.
While Korea’s private equity market remains relatively stable, a much-anticipated opening up of IPO exits has yet to come to fruition
GPs have built strong ties with corporate Japan by demonstrating value-add capabilities. These networks should serve them well as the market becomes more active
PE and VC players remain focused on Southeast Asia’s long-term growth trajectory despite gathering macro storm clouds. Valuations remain a bone of contention
Oriental Fortune Capital (OFC) has agreed to acquire Chinese auto parts maker Changzhou Guangyang Holding Group in order to gain a controlling stake in its listed subsidiary.
Kuaisuwang, a Chinese B2B trading platform for plastic products, has raised several millions of US dollars in a Series C round of funding from IRPC, a listed Thai petroleum and petrochemicals company.
Zhangshangfucai, a Chinese online B2B platform for sourcing home decoration materials, has raised $8 million in Series A funding led by ZhenFund.
Germany’s BASF Venture Capital has agreed its first direct investment in China with a commitment of undisclosed size to 3D printing company Prismlab.
CITIC Capital Partners has agreed to acquire Nippon Oil Pump (NOP), a Japan-based maker of hydraulic pumps and motors, from European listed investment firm Wendel for about EUR85 million ($97 million).
Merdeka Copper Gold, an Indonesian mining company controlled by Provident Capital and Saratoga Capital, has agreed to pay $55 million for a 66.6% stake in a domestic gold operation known as Pani.
Having tracked India-based Happy Forgings for five years, Motilal Oswal Private Equity is now confident in the company's ability to build its presence in the domestic and export auto components markets
Pemba Capital Partners – an Australian middle-market GP formerly known as RMB Capital Partners – has agreed to sell heavy equipment specialist Heavy Maintenance Group (HMG) to Malaysia’s Sime Darby for A$58 million ($41 million).
Keppel Infrastructure Trust (KIT) has been named the preferred bidder for Ixom, a chemicals business that The Blackstone Group carved out of Australia’s Orica three years ago.
Standard Chartered Private Equity (SCPE) has exited its stake in Dolvi Minerals and Metals, a trader of metallic and non-metallic minerals based in India.
Calsonic Kansei Corporation, a Japanese automotive components manufacturer acquired by KKR last year, has agreed to buy Fiat Chrysler Automobiles’ (FCA) components business for EUR6.2 billion ($7.1 billion).
Motilal Oswal Private Equity (MOPE) has invested INR2 billion ($27 million) in Happy Forgings, an Indian manufacturer of forged and machined components focused on the automotive industry.
Hahn & Company has secured a $3.7 billion corporate restructuring of SK Shipping with a view to implementing the same operational improvements that have proved successful with H-Line
Advent International has made an investment of undisclosed size in Indian packaging industry supplier Manjushree Technopack. It facilitates an exit for Kedaara Capital.
Niu Technologies, China's largest producer of lithium-ion electric scooters, is targeting up to $104 million in its US IPO. VC backers include GGV Capital and Future Capital Discovery Fund.
Shaw Kwei & Partners, a middle-market private equity firm that primarily focuses on the industrial, manufacturing and services sectors in Asia, has closed its fourth fund at $812 million.