Sectors
Play the man
Denham Capital's investment in Pembroke Resources appears to follow a standard pattern: Find a management team with a track record of building and selling resources companies; furnish them with start-up capital to accumulate a portfolio of assets; provide...
PE investors set for partial exits from China's JD.com
Tiger Global Management, DST Advisors, Hillhouse Capital Management and Capital Today will make partial exits from JD.com as the Chinese e-commerce firm seeks to raise as much as $1.69 billion through a US IPO.
India's iYogi raises $28m Series E round
Axon Partners Group and Madison India Capital have teamed up with existing investors to provide a $28 million Series E round of funding for iYogi, an India-based technology support services provider.
Chinese digital marketing platform AdSame raises $30m
AdSame, a Shanghai-based digital marketing firm, has secured a $30 million Series C round of funding led by Taiwan-based Pacific Venture Partners and Dream Capital Group.
Anthem Asia backs Myanmar PR agency
Anthem Asia, a recently established private equity firm based in Myanmar, has invested in Blink, a PR and digital marketing agency.
Global Brain, 500 Startups lead Series C for couples app
VCNC, the Korean start-up behind couples app Between, has raised a Series C round of investment from Japanese venture capital firm Global Brain and US investor 500 Startups.
Fosun expresses interest in Australia's Healthscope – report
Fosun Group has highlighted the China growth potential of private equity-owned Australian hospital operator Healthscope, prompting speculation it might bid for the asset.
VC-backed Tuniu shares jump on debt after $72m US IPO
Shares in Tuniu, a Chinese online package tour provider backed by DCM, Temasek Holdings, Gobi Partners and Sequoia Capital, saw its shares climb 10% on their trading debut following a $72 million IPO.
KV Asia buys Singapore nursing home business
KV Asia Capital has bought a 100% interest in Orange Valley Healthcare, a Singapore-based nursing home provider that operates approximately 1,000 beds across six facilities.
Life sciences player NuSep gets PE funding for Singapore unit
Xeraya Capital, a life sciences investor controlled by Khazanah Nasional, and PE fund JP Asia Prime Capital have invested S$16 million ($12.8 million) in PrIME Biologics, a subsidiary of NuSep that specializes in therapeutic plasma products.
GIC leads $170m investment in Brazil's Netshoes
Singapore sovereign wealth fund GIC Private has led a $170 million investment in Netshoes, a Brazilian e-commerce site focusing on sporting goods.
VC-backed Cheetah Mobile posts modest gain after $168m IPO
Cheetah Mobile, formerly Kingsoft Corporation’s internet security software division, ended its second day of trading on the New York Stock Exchange at a slight premium to its IPO price, following a $168 million offering.
POSCO VC leads Series A for Korean online video provider
POSCO Venture Capital - the corporate VC arm Korean steel maker POSCO - has led a $3 million Series A round of funding for online video start-up Shakr Media.
CyberAgent invests $1.6m in Japan flea market app
Japanese internet firm CyberAgent has invested JPY160 million ($1.6 million) in VC-backed mobile flea market app 10sec.
Alibaba commits $100m to Yunfeng's China tech fund
Alibaba Group has committed $100 million to a fund being raised by Yunfeng Capital, a PE firm set up by Alibaba founder Jack Ma.
Lazard exits Australian auto parts business Midas to Metcash
Lazard Private Equity has exited Australian automotive parts retailer Midas to Metcash, which owns brands including IGA supermarkets and Lucky 7 convenience stores, as well as a string of liquor, hardware and automotive businesses.
CVC buys KFC Korea franchise
CVC Capital Partners has agreed to buy the South Korea KFC business from domestic conglomerate Doosan for KRW100 billion ($97.9 million).
Bain to buy majority stake in Australia drink bar franchise
Bain Capital has agreed to acquire a 70% stake in Retail Zoo, the owner of Australian health drink franchise Boost Juice Bars, from The Riverside Company.
General Atlantic to invest $150m in China's Jumei alongside IPO
General Atlantic has agreed to invest $150 million in Jumei International Holding, a Chinese online beauty products retailer that is seeking to raise up to $204 million through a US IPO.
IFC, Asia Green Capital team up on renewables
International Finance Corporation (IFC) will partner clean energy-focused investor Asia Green Capital Partners (AGCP) in backing renewable energy projects in Southeast Asia, particularly Indonesia.
Tiger Global leads LimeRoad $15m Series B round
Tiger Global has led a $15 million Series B round of investment in LimeRoad, a social e-commerce site aimed at women in India.
Denham Capital invests $200m in Asia coal play
Denham Capital will invest $200 million in Pembroke Resources as the newly-formed company looks to develop a portfolio of metallurgical coal assets across Australia, New Zealand and Indonesia.
Olympus leads $65m round for India's DM Healthcare - report
Indian hospital chain Aster DM Healthcare is said to be raising $65 million from existing backers Olympus Capital Asia and India Value Fund Advisors (IVFA).
Alibaba files for US IPO
Chinese e-commerce giant Alibaba Group has filed the registration documents for an IPO that is expected to raise more than $15 billion and could surpass Facebook as the largest tech offering in history.