Mirae Asset Private Equity
SE Asia's Grab raises $2b in Toyota-led funding round
Southeast Asia-focused ride-hailing business Grab has raised $2 billion in its latest round of funding led by Japan’s Toyota Motor Corporation and involving a number of other global investors.
CMIG to create $15b One Belt One Road fund
China Minsheng Investment Group (CMIG), the largest privately-held investment group in China, has initiated a new fund that could raise up to $15 billion for investment in overseas projects under the government-backed "One Belt One Road" initiative.
Acushnet gains on debut after lowering IPO price
Korea's PE-backed Acushnet Holdings, which owns the Titleist and FootJoy golf brands, saw its shares jump 5.9% in the first day of trading on the New York Stock Exchange following a smaller-than-expected $328.7 million IPO.
Korean PE investors set for partial exits in Acushnet IPO
Several Korean private equity investors are poised to make a partial exit as Acushnet Holdings, owner of the Titleist and FootJoy golf brands, set a target of $463.9 million for its US IPO.
Korean PE-backed Acushnet files for US IPO
Acushnet Holdings, a golf equipment and apparel business backed by Korean PE investors, has filed for an US IPO.
Korea's Althea raises $3.5m Series A
Althea, a South Korean cosmetics e-commerce site that markets primarily to Southeast Asia, has raised a $3.5 million Series A round from a group of investors including Mirae Asset Ventures, Cherubic Ventures and 500 Startups.
IMM PE, Mirae agree to sell stake in Korea defense business
IMM Private Equity and Mirae Asset Private Equity are set to exit South Korea-based Doosan Defense Systems & Technology (DST) after Hanwha Techwin agreed to buy the business for KRW695 billion ($607 million).
Korean outbound M&A: Satisfied partners?
Korea’s National Pension Service wants private equity to help local corporates expand overseas. Three years after its inception, the Corporate Partnership Fund has yet to prove it is the answer
Advent, CDIB, Mirae back The Coffee Bean & Tea Leaf
Advent International has joined Taiwan's CDIB Capital and Japan's Mirae Asset Private Equity to acquire a significant stake in International Coffee and Tea, the company behind US specialty coffee and tea retailer - The Coffee Bean & Tea Leaf. The largest...
Korea's IMM, Mirae invest $224m in POSCO Specialty Steel
IMM Private Equity and Mirae Asset Private Equity have together invested KRW250 billion ($223.6 million) for a 24% stake in POSCO Specialty Steel (POSCO SS), an affiliate of national steelmaker POSCO. POSCO SS abandoned an IPO effort in December – set...
Baring Asia completes Korea parcel delivery buyout
Baring Private Equity Asia has announced the acquisition of South Korean courier firm Logen. Details of the deal, said to be worth around KRW160 billion ($140 million), emerged last month prior to closing. The seller is Mirae Asset Private Equity.
Fortune Brands raises tender offer to $1.05b
Consumer goods holding company Fortune Brands has raised a $1 billion debt tender offer to $1.05 billion due to oversubscription, The Wall Street Journal reported. The proceeds from the company's sale of golf equipment and apparel business Acushnet to...