Sectors
CVCI invests in BPO firm SourceHOV, Apollo exits
Citi Venture Capital international (CVCI) has invested in SourceHOV, a largely India-based business process out-sourcing (BPO) firm. The deal will see CVCI buy out other minority shareholders including Apollo Global Management. The value of the deal has...
CVC-backed Matahari prices offering near top of revised range
CVC Capital Partners and its local partner have priced their Matahari Department Store offering at IDR10,850 ($1.11) per share, putting them on course to raise about $1.3 billion through a partial exit.
Electric Sheep Capital, DMP invest $3.2m in Singapore's AdzCentral
Electric Sheep Capital and Digital Media Partners have invested s$4 million ($3.2 million) of Series A funding in AdzCentral, an advertising technology company based in Singapore.
Singapore's Golden Gate Ventures eyes Series A fund
Singapore-based Golden Gate Ventures is planning to raise a second fund focusing on Series A investments in Southeast Asian tech companies. A source with knowledge of the matter said the fund would launch within 12 months, targeting around $40 million....
JAFCO invests $5.3m in group buying site Luxa
JAFCO has invested JPY500 million ($5.3 million) in Luxa, a Japanese group buying site, as part of a Series B round.
Quadria Capital buys India's Milestone Religare
Quadria Capital, which is currently raising a healthcare fund focused on South Asia and Southeast Asia, has acquired Milestone Religare Investment Advisors. Milestone Capital, joint owner of the asset alongside Religare Enterprises, had been looking for...
VIDEO: Edward Epstein of Troutman Sanders
Private equity investment in China’s real estate sector will become more specialized as it matures, with healthcare and old age care among the key segments to watch, says Edward Epstein, managing partner of Troutman Sanders’ Shanghai office
Vietnam's Mekong Capital in partial exit from Mobile World
Mekong Capital has completed a partial exit from Vietnamese mobile phone retail chain Mobile World, securing an 11x return, including dividend payments. The PE firm initially invested $3.5 million in 2007.
CNEI invests in Chinese drug developer
China New Enterprise Investment (CNEI) has committed $21 million to Shanghai Fudan-Zhangjiang Bio-Pharmaceutical (FDZJ), a Hong Kong-listed developer of drugs and diagnostic products.
AID Partners invests in Prime Focus' movie special effects unit
Hong Kong-based private equity firm AID Partners has invested $10 million in Prime Focus World (PFW), a global entertainment services company and wholly-owned subsidiary of Indian media company Prime Focus.
High-profile angel investors back Australian start-up Canva
Australian online design start-up Canva has attracted $3 million in seed funding from a group of high-profile angel investors, including Adrian MacKenzie, who left his position as head of CVC Capital Partners’ local operations late last year.
Australian trade buyer fined in Castle Harlan 'bid rigging' case
Australian’s Federal Court ordered engineering firm Bradken to pay $22.4 million in damages over its takeover of a Canadian mining services company Norcast that was previously bought and sold on the same day by US private equity firm Castle Harlan.
Blue Sky backs Australian burrito chain
Australia’s Blue Sky Private Equity has upped its stake in the Beach Burrito Company, a chain of Mexican restaurants, investing more than A$3 million ($3.1 million).
Profile: Providence Equity Partners' Bis Subramanian
A former electrical engineer and Intel employee, Bis Subramanian's sector expertise made him a perfect for Providence Equity Partners, even more so when the firm took its first steps into Asia
TPG plucks chicken deal
TPG nearly missed out on acquiring Inghams Enterprises. When the Bob Ingham, the 81-year-old owner of Australia's top chicken producer, put the company on the block for A$1.5 billion ($1.5 billion) last July, the private equity firm came in with an offer...
Anacacia reap returns on Home Appliances
Family-owned businesses that have been built from the ground up often lack depth at management level. Founders who have proved themselves in the start-up phase might struggle once a company reaches a certain scale: they are wearing three hats - manager,...
PE, MFIs back Philippines rural lending initiative
When examining the driving forces of rural development, one fact continually rings true: the higher the proportion of people in possession of a bank account, the higher a country's GDP per capita. In Asia, two countries fall well below the trend line...
Triple C leads Series A round in Australia's Virtual Gaming Worlds
Australian boutique investment firm Triple C Consulting has led a A$2.5 million ($2.6 million) Series A round of funding for Perth-based gaming start-up Virtual Gaming Worlds.
India's Saama Capital invests in AgreeYa
Saama Capital has invested in AgreeYa Mobility, an enterprise-mobility company, to aid the development of its flagship product. Details of the transaction were not disclosed.
Lunar hires ex-Parker Pens China executive as sector partner
Lunar Capital has appointed Vincent Sun as sector partner for high-end branded consumer goods, with the expectation that he will be seconded to children’s clothing retailer I Pinco Pallino Asia as general manager. This follows the China-focused GP’s normal...
Leopard Capital's Cambodia fund commits to Engage Resources
Leopard Capital has invested an undisclosed sum in Engage Resources, enabling the kenaf-based products manufacturer to expand its operations from Thailand into Cambodia. Kenaf is a fibrous plant used in animal feed as well as in the construction and paper...
Australia's QIC reveals stake in US retailer
Australian investment manager QIC has disclosed its ownership of a stake in online plus-size retailer OneStopPlus through its private equity unit.
KKR eyes Panasonic healthcare unit - report
KKR is said to be among several investors showing interest as Panasonic looks to offload its healthcare unit.
Quadrant trims stake in New Zealand retirement village chain
Quadrant Private Equity is to reduce its stake in New Zealand retirement village operator Summerset. The Australian firm plans to divest around a third of its 56% holding in the NZX-listed company, equivalent to around 400 million shares.