Sectors
TPG, Khazanah invest $132m in Philippines housing developer
TPG Capital and Malaysian sovereign wealth fund Khazanah Nasional have together invested PHP5.8 billion ($132 million) in Philippines-based housing developer 8990 Holdings.
Monk’s Hill Ventures launches $80m Southeast Asia fund
Monk’s Hill Ventures, a Singapore-based VC firm, has launched a S$100 million ($80 million) fund to support the growth of start-ups in Southeast Asia.
Helion backs India IT mobility solutions provider
Helion Venture Partners has committed a INR250 million ($4.2 million) Series A round of funding to India-based RapidValue IT Services, which specializes in mobile IT solutions.
FidelisWorld backs India's Smaaash Entertainment
Sport, media and entertainment-focused GP Fidelis World Asset Management has invested in India's Smaaash Entertainment, a sports-centric digital entertainment complex.
TA-owned SpeedCast completes another bolt-on
TA Associates-owned SpeedCast has made its third bolt-on acquisition in Australia in 18 months, purchasing a fixed and mobile satellite solutions provider SatComms Australia for an undisclosed sum.
India cabinet clears KKR for Gland Pharma deal
The Indian government has given KKR the go-ahead to acquire stakes in Gland Pharma and its affiliate Gland Celcus Bio Chemicals in a deal said to be worth around $230 million.
DBJ invests $14m in Japan's Diamond Electric
The Development Bank of Japan(DBJ) has invested JPY1.5 billion ($14 million) in Diamond Electric, a Tokyo-listed electronic devices manufacturer, for a 49.5% a stake.
Australia scales back start-up funding schemes
Support for technology start-ups is among the casualties in Australia’s austerity budget, with several programs discontinued, including the Innovation Investment Fund (IIF), which sponsors VC funds.
Portfolio: Standard Chartered and Navigat
Supported by Standard Chartered, Indonesia-based Navigat has evolved from a gas power equipment distributor into a fully-fledged independent power provider, serving geographies that others can’t reach
KV Asia in Singapore aged care buyout
One in every three people in Singapore will be aged 65-plus by 2050, based on current birth rates and without an influx of youthful migrants. The country’s median age will rise to 55, up from the current level of 39. Just over the next seven years,...
Denham mines Pembroke talent
When Barry Tudor stepped down as CEO of listed mining firm Gloucester Coal in 2012, he left behind quite a legacy. Tudor and his team shepherded the firm through a number of high-profile acquisitions – including that of Australia’s Middlemount Project...
Wearable technology: Heart on your sleeve
Wearables promise to be the next disruptive technology, redefining our daily lives. Are venture capitalists right to be excited and are they getting excited about the right things?
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.