Olympus Capital Holdings Asia
Olympus part-exits Singapore's Constant Energy via trade sale
Olympus Capital Asia has made a partial exit from Singapore-based renewables platform Constant Energy through a sale to Europe-headquartered Virya Energy.
NewQuest, Prosus lead $90m Series E for India’s Cashify
NewQuest Capital Partners and Prosus Ventures have led a USD 90m Series E round for India’s Cashify, a marketplace for used smart phones and gadgets.
Elliott backs Olympus Capital Asia continuation fund
Elliott Management is supporting a $450 million restructuring of Olympus Capital Asia’s third fund, which involves taking out a profit participation loan held by Canada Pension Plan Investment Board (CPPIB) as well as buying standard positions from...
GPs & SPACs: Filthy lucre?
The global SPAC craze is percolating into Asia, with private equity firms among the sponsors. LPs aren’t necessarily comfortable with the development, but there’s only so much they can do about it
AVCJ Awards 2020: Responsible Investment: Canvest Environment
Olympus Capital has guided China’s Canvest Environment from polluting waste-to-energy minnow to category leader in operational scope and sustainability credentials
China chip designer Memsic raises $155m
Memsic, a Chinese semiconductor design company that was privatized with support from IDG Capital in 2013, has raised more than RMB1 billion ($155 million) led by an industry fund under Hangzhou Fortuna Investment Management.
Deal focus: Olympus credit team spins out, gets OMERS backing
Olympus Capital Credit has rebranded as Orion Capital Asia, with OMERS replacing Olympus as the firm’s equity partner. The strategy is unchanged, with COVID-19 helping to drive deal flow
Olympus-sponsored SPAC raises $130m
Olympus Capital has raised $130 million for a special purpose acquisition company (SPAC), which it is sponsoring via its fifth pan-Asian fund.
PE & Asian banks: Once-in-a-decade opportunity
GPs like targeting banks during downturns, investing in stronger players at discount valuations and backing them to come out the other side with increased market share. Will it be more of the same with COVID-19?
Deal focus: Olympus backs big plans for Thailand's smallest bank
Olympus Capital has paid $91 million for a 25% stake in microfinance and micro-SME lending specialist Thai Credit Retail Bank. It wants to double the loan book and support digitization of services
Delos Capital buys India's Sage Metals
US-based private equity firm Delos Capital has acquired Indian specialty metal products manufacturer Sage Metals for an undisclosed amount.
India's PE-backed Aster DM refiles for IPO
Indian hospital chain Aster DM Healthcare has refiled for an IPO in which its PE backer Olympus Capital Asia will make a partial exit.
China dairy: Gone sour?
China’s dairy industry has experienced a dramatic fall from grace, driven by overhype at home and lower prices overseas. Investors that got in at the top of the market are considering their options
Olympus, UOB invest $90m in China radio ad agency
A consortium led by Olympus Capital Asia and UOB Venture Management will acquire a controlling stake in Shanghai-based Yuanyu Radio, which claims to be the largest radio advertising agency in China, for $90 million.
Private debt: Pulling uphill
Selling Asian LPs on private credit strategies remains difficult for the most part, but fund managers are generally confident that interest in the asset class is set to take off
GPs set for partial exits in India's Aster DM Healthcare IPO
Indian hospital chain Aster DM Healthcare has filed for an IPO, seeking to raise at least INR6.1 billion ($89 million) and providing partial exits for its PE backers Olympus Capital Asia and India Value Fund Advisors (IVFA).
Olympus, CX Partners lead $60m round for India's Nspira
Olympus Capital Asia Credit and CX Partners' India mezzanine fund have led a INR4 billion ($59 million) round for Indian management service provider Nspira.
Deal focus: CreditAccess pursues multi-market scale in Asia
Olympus Capital commits $30 million to support the roll-out of CreditAccess Asia's microfinance business in new markets
Olympus supports microfinance player's Asia roll-out
Olympus Capital Asia has agreed to invest $30 million in CreditAccess Asia, but this could just be the starting point as the India and Southeast Asia-focused microfinance institution (MFI) pushes into new markets, with Vietnam the likely next target.
Olympus commits $45m to Hong Kong e-waste processor
Olympus Capital has committed $45 million to Li Tong Group (LTG), a Hong Kong-based reverse supply chain services provider and electronic waster (e-waste) processor.
PE investors see opportunity amidst volatility - AVCJ Forum
Asian private equity is experiencing some volatility – driven in part by macroeconomic concerns and public markets turbulence – but investors told the AVCJ Forum that they are still finding ample opportunities.
Olympus commits $40m to China's Tendcare Medical
Olympus Capital Asia has invested $40 million in Chinese private hospital manager Tian Jian Hua Xia Medical Group Holdings, or Tendcare Medical Group.
Private debt: Enforcement issues
Investors see great potential in Asia’s private debt markets, but some GPs and LPs’ attitudes towards downside protection and enforceability keep them out of emerging markets
Location, talent will define Asia's GP winners - AVCJ Forum
As the Asia's PE market matures, the winners and losers will be defined by those who not only leverage their local presence, but also retain the necessary talent, say industry participants.