Singapore
SCPE invests in Singapore food ingredients retailer
Standard Chartered Private Equity (SCPE) has invested in Singapore-based food ingredients retailer Phoon Huat.
First Reserve JV buys SE Asia oil industry servicing vessel
A joint venture controlled by energy-focused private equity firm First Reserve has acquired an 80% stake in a Southeast Asia servicing oil tanker for $166.3 million.
Altius to be sold to Canada’s Pavilion Financial
Canadian investment services firm Pavilion Financial has agreed to acquire Altius Associates, a PE advisor and fund manager with a presence across Asia Pacific, Europe and North America.
Indonesia VC: Work in progress
As Indonesia’s start-up space matures, with ever more capital pouring in, VC players recognize that exits are the key to creating a sustainable investment environment. However, it is still early days
Temasek unit raises $510m through PE-backed bond issue
A unit of Singapore government-backed investment group Temasek has raised $510 million through its issuance of bonds backed by 34 private equity funds.
Jafco leads $20m Series A in Singapore's Quoine
Jafco has led a $20 million Series A financing round for Quoine, a Singapore-based bitcoin trading platform.
Pavilion invests $5.8m in Japan’s Soracom
Pavilion Capital, a private equity unit of Singapore’s Temasek Holdings, has committed JPY600 million ($5.8 million) to Japanese internet-of-things (IoT) company Soracom.
IBM launches Asia-focused tech accelerator in Singapore
IBM has launched an accelerator in Singapore that will help Asia Pacific start-ups commercialize blockchain technology and the cognitive computing system known as Watson.
Singapore's CapitaLand launches VC unit
Singapore real estate developer CapitaLand has set up a dedicated VC unit – known as C31 Ventures – to support global tech start-ups. This comes after the company received funding under the early stage venture fund program (ESVF) to make investments...
Temasek issues bonds backed by PE fund interests
A unit of Singapore government-backed investment group Temasek has issued $504 million in bonds backed by 34 private equity funds.
Deal focus: VCs find inroad where giants prevail
A group of VCs are aiming to leverage an encouraging outlook for the autonomous vehicle industry by funding a Singapore-focused start-up that is offering significant competition to the major corporates that dominate this space
Aetius commits $5m Series A to Singapore's Cloud Alliance
Singapore-based mobile gaming platform developer Cloud Alliance has raised $5 million in Series A funding from Aetius Capital.
Highland leads $16m round for NuTonomy’s Singapore push
Highland Capital Partners has led a $16 million Series A investment in NuTonomy, a US tech developer aiming to commercialize a driverless taxi fleet in Singapore by 2018.
DMP leads $3m Series A for Malaysia's Jirnexu - update
Singapore-based venture capital firm DMP has led a $3 million Series A round for Malaysian financial technology start-up Jirnexu.
Facebook co-founder's VC firm in first close on US-Asia fund - update
B Capital Group, a VC firm launched by Facebook co-founder Eduardo Saverin and Raj Ganguly, formerly of Velos Partners and Bain Capital, has reached a first close on a US and Asia-focused fund, which has a full target of $250 million.
Singapore's NRF seeds four corporate VC funds
Corporate VC funds operated by real estate developer CapitaLand, cloud services provider DeClout, agriculture company Wilmar International and logistics provider YCH Group will share S$40 million ($29 million) in seed funding from Singapore’s National...
Warburg Pincus to open Singapore office
Warburg Pincus will open an office in Singapore to improve its ability to identify and evaluate investment opportunities in Southeast Asia.
Taxing developments: India and Mauritius
Recent changes to India’s double taxation agreement with Mauritius have brought welcome clarity to the country’s private equity investors, but are also likely to require changes to their business practices
Tower Capital, Temasek bid $196m for China TCM player
Tower Capital, a vehicle controlled by former 3i and Actis Capital Partners executive Danny Koh, is partnering with Temasek Holdings in a S$269 million ($196 million) takeover bid for traditional Chinese medicine (TCM) operator Eu Yan Sang International.
Singapore's Tagit receives $8.8m from Japanese IT group
Singapore mobile technology company Tagit has secured S$12 million ($8.8 million) for an international expansion effort from SRA Group, a Japanese IT systems developer and operator.
Singapore logistics group launches VC arm with $14.6m fund
Singaporean port terminal operator PSA International has launched a logistics-focused venture capital arm with an initial fund size of S$20 million ($14.6 million).
Security in numbers: Asia VCs target cybersecurity
An unbalanced global cybersecurity market – currently weighted heavily toward the US – is slowly finding its feet in Asia. But opportunities in the expected boom may not be intuitive to newcomers
Paypal launches fintech incubator in Singapore
PayPal has launched an incubation program in Singapore that will offer infrastructure, mentorship and direction to local financial technology start-ups. It will begin operations in June.
Singapore's TIH buys $46m portfolio from Temasek unit
Singapore-listed private equity firm TIH has purchased a majority stake in a resources and healthcare-focused portfolio from a unit of Temasek Holdings for S$62 million ($45.8 million).