Sectors
Shares in INCJ's Japan Display fall two days straight
Japan Display - the world's biggest maker of screens for tablets and smart phones and a portfolio company of Innovation Network Corporation of Japan (INCJ) - saw its stocks fall for two days in a row this week after following its JPY318.5 billion ($3.1...
Tiantu invests $16m in Sichuan seasoning maker
Chinese consumer-focused PE firm Tiantu Capital has committed RMB100 million ($16 million) in Series A funding to Sichuan Gaofuji Food, a food sauces and seasoning manufacturer.
Jafco-backed Fixsters, Shirohato file for Tokyo IPOs
Japanese venture capital investor Jafco will see two portfolio companies - software firm Fixstars and online lingerie retailer Shirohato - launch their Tokyo IPOs on the same day next month.
NZ Super commits $250m to KKR energy investments
New Zealand Superannuation Fund (NZ Super) has committed up to $250 million to oil and gas investments in North America through a partnership with KKR.
IDFC raises debut India real estate fund
IDFC Alternatives has reached a final close of INR7.5 billion ($123 million) on its debut India real estate fund.
Zoyi takes controlling stake in niche Chinese apparel brand
Zoyi Capital, the PE firm set up by Andrew Kuo, formerly of The Blackstone Group, has made its debut investment in Pink Mary, a Chinese manufacturer and distributor of high-end women’s apparel.
India's WestBridge to invest in Mayur Uniquoters
WestBridge Capital has acquired a 4% stake in Mayur Uniquoters, an India-based manufacturer of imitation leather, for INR400 million ($6.5 million), while agreeing to invest INR700 million in the firm via a preferential allotment.
L Capital Asia invests $25m in Taiwan skincare brand
L Capital Asia, a private equity firm backed by luxury goods conglomerate LVMH, has invested NTD750 million ($25 million) for a significant minority stake in Dr. Wu, a Taiwanese clinical skincare brand.
Cerberus-backed Seibu eyes April Tokyo listing
Japanese railway and hotel operator Seibu Holdings is targeting a JPY186 billion ($1.8 billion) IPO in Tokyo next month, potentially ending a three-year battle between the management and shareholder Cerberus Capital Management.
CITIC Capital invests $15m in China education play
CITIC Capital has invested over RMB100 million ($15 million) in a Series A round of funding for Chinese vocational training provider Shsun Education Group.
Vertex commits $5m to China education app Xuebajun
Vertex Venture, an investment unit of Temasek Holdings, has committed $5 million in Series A funding for Shanghai-based mobile study tool developer Xuebajun.
Singapore accelerator JDFI raises $2.1m
Singapore-based tech accelerator Joyful Frog Digital Incubator (JFDI) has raises S$2.7 million ($2.1 million) from investors.
Orchid Asia leads $74m round for China's FunPlus Game
Beijing-based mobile social games developer FunPlus has raised a $74 million Series B round of funding led by Orchid Asia. GSR Ventures and Steamboat Ventures also participated.
CITIC Capital among cornerstones for Harbin Bank IPO
CITIC Capital is one of seven cornerstone investors that will cover 43% of Harbin Bank’s Hong Kong IPO, which is expected to raise up to HK$10.1 billion ($1.3 billion), although subscriptions to the offering have reportedly been delayed due to concerns...
Kalaari leads $10m round for Indian online jeweler
Kalaari Capital has led a $10 million round of funding for India-based online jeweler Bluestone.com. Existing investors Accel Partners and Saama Capital also took part in the round.
China Aier Eye Hospital invests in Qianhai M&A fund
Shenzhen-listed Aier Eye Hospital Group has launched an M&A fund with China Orient Asset Management with a view to bringing about consolidation in the ophthalmology industry.
Portfolio: CITIC Capital Partners and Elgin Equipment
When CITIC Capital Partners joined Audax Group in acquiring Elgin Equipment, its brief was to re-position the clean coal equipment business from low-growth America to high-growth China
Kerogen enters PNG LNG space
Seven years after ExxonMobil began its feasibility study on commercializing gas resources in Papua New Guinea (PNG) through liquefied natural gas (LNG), the PNG LNG Project is poised to start delivering on its promise.
FidelisWorld takes the field with TechFront
The Indian Premier League (IPL) will literally enter new territory next month when the seventh season of the cricket tournament starts play in the United Arab Emirates – the first time the country has played host to such an event. The stadium chosen...
PE goes to the movies: Part II
As the man who helped launch the careers of Bruce Lee and Jackie Chan, among others, film producer Raymond Chow can claim to have played a leading role in putting Hong Kong martial arts movies on the international map.
CVC completes China dumpling chain buyout
CVC Capital Partners has confirmed the acquisition of Da Niang Dumpling Holdings, a Chinese quick service restaurant operator. The investment – CVC’s third China control deal in recent months – was completed in December and was reported by local...
Accel India, Horizen Ventures back tea commerce start-up
Accel Partners India and Horizen Ventures have together invested $1 million in Teabox, a start-up that operates out of Singapore and Bangalore.
Music service Rdio acquires India's VC-backed Dhingana
Rdio, a US-based digital music service, has acquired Dhingana - an India and US-based social music streaming service backed by Inventus Capital Partners, Helion Venture Partners and Lightspeed Venture Partners.
CDH investee Greenland to go public via reverse merger in Shanghai
Greenland Holdings, a Shanghai city government-owned property developer backed by CDH Investments and other PE firms, intends to list on the Shanghai Stock Exchange through a reverse merger with Jinfeng Investments.