Sectors
Australia's Asciano accepts Qube-Brookfield joint $6.8b bid
Australian rail freight and cargo port operator Asciano has accepted a joint takeover offer from consortiums led by Qube Holdings and Brookfield Asset Management worth A$9 billion ($6.8 billion).
Japan design firm Goodpatch raises $3.5m
Goodpatch, a Japan-based user interface design company that focuses on digital products, has received a Series A round of funding worth JPY400 million ($3.5 million).
Carlyle buys Japanese software group WingArc1st
The Carlyle Group has agreed to take a 100% stake in Japanese enterprise output management (EOM) and business intelligence (BI) software provider WingArc1st.
China Everbright, Catalyst back 3D printing player
China Everbright and Israel-based Catalyst Private Equity have led a $25 million investment in 3D printing company XJet.
China co-working space operator raises $31m
UrWork, a co-working space for Chinese start-ups, has raised RMB200 million ($31 million) in an extended Series A round of funding.
New Horizon, Gimv agree sale of Punch Powertrain to China's Yinyi
Several PE investors, including China’s New Horizon Capital and Europe-focused Gimv, have agreed to sell Belgium-based Punch Powertrain to Chinese real estate developer Yinyi Group at a valuation of around EUR1 billion ($1.1 billion).
India cloud enterprise start-up Icertis raises $15m
Icertis, a provider of cloud-based contract management software based in India and the US, has raised a $15 million Series B round.
Hony leads $77m round for China boutique entertainment studio
Hony Capital has led a RMB500 million ($77 million) Series B round for Shanghai-based boutique entertainment studio Linmon Pictures.
CMC Holdings buys stake in US-based Imagine Entertainment
CMC Holdings, an investment platform launched by Ruigang Li, founder of media-focused PE firm CMC Capital Partners, has invested in Hollywood production house Imagine Entertainment.
Streaming media provider Iflix gets $45m for SE Asia rollout
Malaysia-based VC-backed internet television service Iflix has attracted $45 million of strategic investment from fellow Netflix rivals, including European broadcaster Sky, to expand the company’s business across Southeast Asia.
Legend, Hony back WeWork in Asia push
China’s Legend Holdings and Hony Capital have led a Series F round for an Asian expansion by WeWork, a US provider of collaborative workspaces for entrepreneurs and small businesses.
Shanghai Chengtou commits to Hony's Fund VIII
Shanghai Chengtou Holding, a Shanghai-listed property developer which is also a portfolio company of Hony Capital, has committed RMB400 million ($62 million) to the GP’s latest China fund.
India's Paragon reaches $50m first close on maiden fund
Paragon Partners, an India-based mid-market private equity firm founded last year, has reached a first close of $50 million on its debut fund.
Carlyle invests in Japan's GGC Group
The Carlyle Group will support overseas expansion efforts for western Japan’s biggest bean sprout manufacturer, GGC Group, through a strategic business and capital alliance.
Lakeshore Capital invests in Thailand's ReadyPlanet
Thailand-focused GP Lakeshore Capital Partners has invested an undisclosed amount in digital marketing service provider ReadyPlanet.
UK’s Amadeus leads Series C round for IndiaMART
Amadeus Capital Partners has made its first direct investment in India by leading a Series C round for business-to-business (B2B) classified listing marketplace IndiaMART.
India's Crompton Greaves sells offshore assets for $126m
India-based electrical equipment manufacturer Crompton Greaves has agreed to sell its offshore businesses to US-based PE firm First Reserve International for EUR115 million ($126 million).
CDPQ establishes India office
Caisse de dépôt et placement du Québec (CDPQ) has founded its India office and committed to invest $150 million in renewable energy in the country.
Mandarin commits $19.8m to Italy's Marval
Europe-Asia cross-border focused PE firm Mandarin Capital Partners has committed up to EUR18 million ($19.8 million) for a minority stake in Italian machine parts producer Marval.
Fund focus: Asia LPs in Morgan Stanley infra push
Morgan Stanley raises $5.8 billion for global infrastructure investments as the asset class matures in Asia
Fund focus: Pfingsten stresses its Asia angle
US-based Pfingsten Partners raises $382 million for Asia manufacturing investments
Japan e-commerce: Shopping for fun
Mercari has become Japan’s first unicorn on the back of an innovative approach to e-commerce. Can the company blaze a trail for others to follow by replicating its domestic success overseas?
Indian healthcare: Booster shots
Technological progress and changing consumer habits are bringing long-overdue change to India’s overworked healthcare system. Taking advantage will mean mastering the unique challenges of the market
Kotak Mahindra Group raises $237m for Indian realty
India’s Kotak Mahindra Group has closed a commitment of INR16 billion ($237 million) from institutional investors for equity investments in realty projects.