US private equity investor Jaguar Growth Partners has launched its first Asia fund with the acquisition of Chinese logistics operator Brilliant.
US-based Equity International has joined a Series C round of undisclosed size for India’s Stanza Living, a technology-enabled hospitality and student housing services provider.
Morgan Stanley Private Equity Asia (MSPEA) has led a INR1.6 billion ($23 million) Series D round for Indian low-income home loans provider Ummeed Housing Finance.
The Blackstone Group has bought 80% interest in Guangdong-based Foshan Ruixin Logistics Management from Chinese conglomerate Dongbai Group for a tentative price of RMB269 million ($38 million).
Japanese mid-market buyout firm NSSK has executed a partial exit of Vati, a small but strong performer in the country’s competitive nursing care space
Japanese mid-market buyout firm NSSK has secured a partial exit from nursing care provider Vati through a sale of the business to an investor group that includes Neuberger Berman.
Hong Kong-based multi-family office Raffles Family Office will invest $15 million in local co-working space operator WorkTech.
Chinese apartment rental platform Danke raised about $130 million in a smaller-than-expected US IPO that was primarily underwritten by existing private equity investors.
France-based GP Tikehau Capital has exited its stake in Singapore workspace provider JustCo, achieving a net profit of S$27.7 million ($20.5 million) and an 8x return multiple.
The Carlyle Group has acquired a significant minority stake in Anxin Apartment, a Chinese serviced apartment operator that specializes in affordable housing for corporate clients.
ESR, an Asia-focused warehousing platform seeded by Warburg Pincus, stole a march on its rivals by tapping into the rise of e-commerce in China. It is now looking to stay ahead of the curve
Tenglong Group, a data center operator based in Beijing, has raised a RMB26 billion ($3.7 billion) Series A round led by Morgan Stanley Private Equity Asia and state-owned China Nanshan Development Group.
SpaceMarket, a Japanese start-up that lists vacant spaces available for rent for corporate events, is looking to raise up to JPY933.2 million ($8.5 million) through a domestic IPO.
Pavilion Capital and Gobi Partners had co-led an $18 million Series B round for Indonesia’s Travelio, an Airbnb-style home rentals start-up.
Q&K International Group, operator of China-based long-term apartment rentals platform Qingke, posted a marginal gain on its US trading debut after raising $45.9 million in an IPO priced at the bottom end of the indicative range.
Pan-Asian logistics and fund management platform ESR gained 5.4% on its first day of trading in Hong Kong after completing Asia's second-largest IPO of the year.
Chinese online real estate marketplace Fangdd Network raised $78 million in its US IPO, having reduced the size of the offering, and traded flat on its first day on NASDAQ.
China-based long-term apartment rental platform Danke has filed for a US IPO. It comes a fortnight after the company raised $190 million in Series D funding from CMC Capital Partners and Primavera Capital Group.
Private equity-backed Southeast Asian online real estate portal PropertyGuru has decided not to proceed with its A$380 million ($256 million) IPO in Australia, citing market uncertainty.
Pan-Asian logistics and fund management platform ESR has relaunched a Hong Kong IPO that was pulled in June amidst unrest in Hong Kong and concerns about the valuation.
Little Bear, a Shanghai-based B2B platform that matches buyers with suppliers of renovation materials, has raised RMB130 million ($18 million) led by Immensus Capital, with participation from Matrix Partners China and Yunqi Capital.
Qingke, a Chinese long-term apartment rental operator, is looking to go public at a time when many of its peers are going out of business. Pursuing scale at the expense of sustainability is the core problem
Q&K International Group, operator of China-based long-term apartment rentals platform Qingke, has filed for a US IPO. Its backers include Morgan Stanley Private Equity Asia (MSPEA) and Crescent Point.
PropertyGuru, a Southeast Asia-focused online real estate portal that counts TPG Capital and KKR among its investors, is looking to raise up to A$380.2 million ($256 million) through an IPO in Australia.