Investcorp
PE-backed Lu Daopei Medical files for Hong Kong IPO
Lu Daopei Medical Group Holding, which runs a network of hospitals in China that specialise in the treatment of blood diseases, has filed for a Hong Kong IPO.
Deal focus: Investcorp finds optimal entry point with Jianuo
Investcorp negotiated its debut China control deal in the shadow of COVID-19 but expects to see long-term gains through the target company’s exposure to electric vehicles and renewable energy
Investcorp completes debut China control deal
Investcorp has acquired a controlling stake in China’s Shandong Jianuo Electronics, a components supplier for the electric vehicle (EV) and renewable energy industries, for an undisclosed sum.
Gulf gambit: Asia GPs court Middle East LPs
As the Middle East becomes a focal point for private equity fundraising globally, Asia-based managers hope that macro trends work in their favour. Being the right size and the right strategic fit also helps
Investcorp opens Japan office
Investcorp has opened a Tokyo office to serve as a staging post for direct private equity and real estate investments Japan.
Amazon leads Series D for India's FreshToHome
Amazon Smbhav Venture Fund, a USD 250m India-focused vehicle established by the US technology giant, has led a USD 104m Series D round for direct-to-consumer fresh fish and meat delivery platform FreshToHome.
Goldman Sachs, TVS lead $150m round for India's InsuranceDekho
Goldman Sachs and TVS Capital Funds have led a USD 150m Series A round for India’s InsuranceDekho, an online insurance policy comparison and brokerage service.
Investcorp leads $39m Series D for India's Wakefit
Investcorp has led a INR 3.2bn (USD 39.4m) Series D round for India’s Wakefit, which claims to be the largest D2C retailer of mattresses and bedding accessories.
One size does not fit all in Asia value creation – AVCJ Forum
Replacing portfolio company CEOs is not part of buyout firms’ value creation playbook in emerging markets, the AVCJ Private Equity & Venture Forum heard.
Investcorp leads $66m round for India dental chain
Investcorp has led a INR 5.45bn (USD 66.7m) investment in Global Dental Services (GDS), an India-based dental clinic chain that claims to be the largest business of its type in Asia and one of the top 15 globally.
Investcorp, Fung Capital launch $500m GBA fund
Bahrain-headquartered Investcorp and Fung Capital, the PE investment arm of Hong Kong’s Fung Investments, have established a USD 500m Greater Bay Area (GBA) fund.
India's ASG Eye Hospitals gets $188m from Kedaara, GA
Indian optometry chain ASG Eye Hospital has raised a INR 15bn (USD 188m) round led by Kedaara Capital and General Atlantic, setting up an exit for Investcorp.
Portfolio: Investcorp and Viz Branz
War, climate change, and COVID-19 are twisting the outlook for Investcorp-owned instant food supplier Viz Branz. But an implacable China growth story has underpinned an aggressive expansion agenda
Investcorp seeks $400m for India private equity fund
Investcorp is targeting USD 400m for its third India private equity fund as part of efforts to quadruple its assets under management (AUM) in the country to USD 2bn within six years.
Deal focus: Investcorp bides its time with Linkedcare
The GP spent six months scrutinizing China’s Linkedcare prior to leading a $70 million round, confident that its global insights into software, healthcare, and supply chains were key differentiators
Investcorp backs Hong Kong's Heritage Foods
Investcorp has made an investment of undisclosed size in Hong Kong-based Heritage Foods, which has a portfolio of condiment and sauce brands in Singapore, Malaysia, and Japan.
Investcorp leads Series D for China healthcare SaaS player
Linkedcare, a software-as-a-service (SaaS) and supply chain provider to China's healthcare sector, has closed a Series D funding round. Including an earlier Series C extension, the company claims to have raised $100 million in the past six months.
Asia-Middle East: Bridge builders
Back-and-forth investment and business building between Asia and the Middle East is a fertile theme for private equity. Such activity appears set to steadily increase rather than boom
Investcorp acquires Singapore food company Viz Branz
Investcorp has agreed to acquire Singapore-based Viz Branz, a cereal and beverage brands maker and distributor in China and Southeast Asia, for an undisclosed sum.
India supply chain player Xpressbees raises $110m
Indian e-commerce delivery start-up Xpressbees has raised INR8 billion ($110 million) from Investcorp, Norwest Venture Partners, and Gaja Capital.
Q&A: Investcorp's Duncan Zheng
Duncan Zheng, head of China private equity at Investcorp, observes that COVID-19 dislocation has created some timely inroads as the firm’s broader expansion agenda ramps up
India's FreshToHome raises $121m Series C
FreshToHome, an Indian food delivery platform backed by local VCs Iron Pillar and Ascent Capital, has raised a $121 million Series C round.
Investcorp ramps up India ESG build-out
Investcorp will establish an environment, social and governance (ESG) pilot project in India as a stepping stone to implementing a global framework.