Asia
Top-up time: VC opportunity funds
Northern Light Venture Capital would like to have participated in the recent $50 million Series D round of funding for Daojia, but it could not. The Series C round last September wasn’t possible either. As it stands, the VC firm has recorded a handsome...
Kirkland & Ellis boosts Asia private funds practice
Kirkland & Ellis has added two partners to its Asia private funds practice, with the promotions of Damian Jacobs and Jonathan Tadd. The firm now has four partners working on fund formation in the region.
KKR restructures Asia leadership team
David Liu and Ming Lu have been appointed co-heads of Asia private equity at KKR as several members of the firm’s leadership team across the region assume additional responsibilities. Joe Bae remains head of KKR Asia and chairman of the regional investment...
Archer seeks Asian partner to boost Brownes Dairy – report
Archer Capital is said to be seeking an Asian partner to invest in Brownes Dairy and help the milk producer market its products overseas, particularly in China.
LeapFrog jumps to $400m fundraise
“Emerging consumers across Africa and Asia are working to achieve prosperity and security for their families and businesses, but most have yet to reach the middle class. There is an immense demand for transformative financial tools,” says Andrew Kuper,...
Crowdfunding: Herd dynamics
More start-ups are tapping crowdfunding platforms for capital. How well prepared are Asian markets to accommodate the phenomenon and what does its emergence mean for venture capital investors?
SCPE, Tiger Group invest $95m in chemical tanking venture
Standard Chartered Private Equity (SCPE) and specialist maritime investor Tiger Group Investments have agreed to commit $95 million to Greathorse Chemical, which owns and operates a fleet of chemical tanker vessels.
Secondaries: Deal flow spike
Secondary deal flow has reached record breaking levels in 2014. Regulatory reform and economic recovery have helped, but that is not the whole story - the maturing market is arguably more important
Asia fundraising: Big beasts
And just like that, it was done. This week The Carlyle Group closed its fourth Asian fund, drawing a line under a three-year process that has seen nearly all of the largest global and Asia-based private equity firms raise their first regional vehicles...
Carlyle closes fourth Asia buyout fund at $3.9b
The Carlyle Group has reached a final close on its fourth Asian fund - Carlyle Asia Partners IV (CAP IV) - at $3.9 billion.
Nominations for the 2014 AVCJ Awards have now closed
Nominations for the 14th AVCJ Private Equity & Venture Capital Awards have now closed.
State Street names new Asia alternatives head
State Street Corporation has appointed Bob Keogh as head of alternative investment solutions for Asia Pacific. Based in Hong Kong, he will assume responsibility for servicing private equity, hedge fund and real estate managers.
Real assets not overpriced, if you know where to look - AVCJ Forum
There is no shortage of high-quality real assets available to private markets investors despite rising prices in certain areas, industry participants told the AVCJ Real Assets Forum. The onus is on investors to look beyond the obvious.
Fundraising: First impressions
A successful introductory meeting doesn’t guarantee LP support but it is an important first step on the road to achieving it. GPs must be informed, engaging and polished – but not too polished
India's Kaizen opens US office ahead of Fund II launch
Indian education-focused GP Kaizen Private Equity has opened an office in Silicon Valley ahead of launching its first pan-Asian fund, which has a target of $120 million.
Oil angle: PE finds a route in Asia
The continued growth of the Asian economies means increased demand for energy. Major Asian countries and corporations are rising to the challenge and paying top dollar for almost every oil and gas interest they can lay their hands on – not to mention...
MVision CEO to move from London to Hong Kong
Mounir Guen, founder and CEO of placement agent MVision is relocating from London to Hong Kong in order to lead the firm’s expansion in Asia.
Evolution of the spin-out
Traditionally, private equity spin-outs have fallen somewhere along a scale that features autonomy at one end and greed (or, more kindly, a desire for talents to be appropriately rewarded) at the other, with innate entrepreneurism occupying the middle....
Asia trails the West on operational value-add - survey
Asian private equity firms lag behind their Western counterparts on operational value add, according to a new survey.
CBRE GMM reaches final close on Asia real estate fund
The investment arm of global real estate advisor CBRE has announced a final close on the Asia Alpha Plus III (AAP III) Fund of $236 million.
OMM's Collins joins Dechert, eyes new phase in Asia spin-outs
Dean Collins, formerly partner and head of the Asia fund formation practice at O’Melveny & Myers (OMM), has joined Dechert as managing partner of the firm’s newly-opened Singapore office.
Ex-KKR Asia fundraiser joins Neuberger Berman as advisor
Clifford Chiu, who stepped down from his fundraising role at KKR earlier this year, has become a senior advisor to Neuberger Berman Asia. He will help build the investment manager’s client base across the region.
SAIF Partners leads $15m round for US monetization platform
SAIF Partners has led a $15 million Series B round of funding for Supersonic, a mobile app monetization firm based in San Francisco.
Control deals cast light on Asia GPs' value creation credentials - AVCJ Forum
Private equity investors are seeing more control deals in emerging Asian markets traditionally dominated by growth capital, which in turn gives LPs greater visibility as to GPs’ operational capabilities.