Australia
Australia's BGH closes debut fund at $2b hard cap
BGH Capital, the Australia and New Zealand-focused private equity firm set up by Ben Gray (pictured), formerly co-head of TPG Capital in Asia, has closed its debut fund at the hard cap of around A$2.6 billion ($2 billion).
CDH makes $1.4b bid for Australia's Sirtex Medical
Chinese private equity firm CDH Investments has submitted a A$1.87 billion ($1.4 billion) bid for Australia-based Sirtex Medical. It comes days before Sirtex shareholders were due to vote on a lower offer from US-listed Varian Medical Systems.
Australia's NAB to sell MLC wealth management arm
National Australia Bank (NAB) has confirmed it will sell MLC, a wealth management unit that operates the country’s largest retail superannuation fund.
BGH-led group makes $3.1b bid for Australia's Healthscope
A group of PE investors led by BGH Capital and including AustralianSuper, GIC Private, Ontario Teachers’ Pension Plan (OTPP) and Canada Pension Plan Investment Board (CPPIB) has launched a buyout offer for Australian hospital operator Healthscope that...
Australia's QIC receives $427m super fund mandate
The global private capital division of Australia’s QIC has received a A$550 million ($427 million) private equity mandate from domestic superannuation fund Rest.
Australia's Archer abandons plans for new fund
Archer Capital, one of Australia’s largest private equity players, has abandoned plans to raise a sixth fund, with founding partner and CEO Peter Wiggs (pictured) set to retire from the firm.
Blackstone agrees $396m deal for Australian panel business
The Blackstone Group will buy the panel repair business of Australia-listed automobile aftercare services and accessories provider AMA Group for an enterprise valuation of A$508 million ($396 million).
Deal focus: EMR unearths coal value with Adaro
When Rio Tinto moved to sell the Kestrel mine in Australia, EMR Capital and Adaro Energy teamed up for a $2.25 billion acquisition - and the opportunity to meet strong emerging markets demand for coking coal
TPG hires Blackstone executive in Australia
TPG Capital has hired Malcolm Jackson, who currently works for The Blackstone Group in Singapore, as a managing director in its Australia and New Zealand team.
Brandon invests $6m in Australia medtech company
Brandon Capital has committed A$7.7 million ($6 million) to Australian medical technology developer Global Kinetics.
Chinese PE-backed consortium buys Australian vitamin supplier
China Jianyin Investment, a government-controlled investment group, has teamed up with a fund backed by CITIC Group to acquire a majority stake in vitamins supplier Australia Nature’s Care Biotech (ANCB).
Deal focus: CHAMP wine exit seen as the toast of Australia
CHAMP Private Equity took two divisions of Constellation Brands and turned them into a diversified portfolio of premium wine brands. It has secured a more than 5x money multiple for its efforts
Australia's Colinton Capital secures debut deal
Colinton Capital Partners, a private equity firm established by Simon Moore, formerly Australia head at The Carlyle Group, has agreed to buy marine engineering business AMS Group.
Australia's Blackbird raises $173m for third fund
Australian venture capital firm Blackbird Ventures has reached a first close of A$225 million ($173 million) on its third fund - including a commitment from Future Fund, the country's sovereign wealth fund.
CHAMP sells Australia's Accolade Wines to Carlyle
CHAMP Private Equity has agreed to sell Accolade Wines, which over the course of seven years it has turned into Australia’s largest wine producer, to The Carlyle Group for A$1 billion ($770 million).
Riverside secures exits in New Zealand, Australia
The Riverside Company has sold New Zealand-based animal health devices manufacturer Simcro, along with Work Health Group, an occupational rehabilitation services provider in Australia.
Macquarie closes Asia infra fund at $3.3b
Australia’s Macquarie Infrastructure and Real Assets (MIRA) has achieved a final close for its second Asia-focused infrastructure fund at the hard cap of $3.3 billion.
EMR Capital, Adaro agree $2.25b deal for Rio Tinto mine
Natural resources-focused GP EMR Capital and Indonesian energy firm Adaro Energy have agreed to buy an Australia coal mine owned by mining company Rio Tinto for $2.25 billion.
VCs invest $15m in Australian space, IoT start-up
Myriota, an Australian space technology company focused on orbital internet-of-things (IoT) connectivity systems, has closed a $15 million Series A round led by Main Sequence Ventures and Blue Sky Venture Capital.
Australia virtual data room provider gets $18.5m
Australia’s Ellerston Capital has led a A$24 million ($18.5 million) Series A round for Ansarada, a domestic business services company that provides virtual data rooms and artificial intelligence-enabled due diligence.
Australia's Five V agrees marketing carve-out
Five V Capital, an Australian GP established by Adrian MacKenzie, formerly a managing partner at CVC Capital Partners, has agreed to buy the contact center business of market services company Salmat for A$53 million ($41 million).
Singapore, Australia VCs team up for $125m fund
Singapore-based VC firm Hatcher and Australian accelerator BlueChilli will jointly invest a $125 million exchange-traded fund that will back 240 start-ups globally over the next three years.
Australia invests $12m in domestic agtech ecosystem
The state government of Victoria in Australia has confirmed a plan to invest A$15 million ($12 million) in the local agricultural technology sector.
TPG secures partial exit from Australian poultry player
TPG Capital has made a partial exit from Inghams Group, the Australian poultry producer it acquired in 2013 and took public in November 2016.