Singapore
Shaw Kwei invests $17m in Singapore marine logistics firm
Greater China and Southeast Asia-focused private equity firm Shaw Kwei & Partners has paid $17 million for a 60% stake in Singapore marine logistics firm Amos International.
Southern Capital agrees $180m Singapore engineering carve-out
Southern Capital Group has agreed to acquire a majority stake in United Engineers’ Singapore-listed engineering and construction division for S$230.2 million ($180 million) in cash.
3i exits Asian medical device maker LHi to US trade buyer
3i Group has exited LHi Technology – a medical equipment manufacturer bought from Baring Private Equity Asia in 2008 – to US-based Carlisle Companies for an enterprise valuation of around $195 million, claiming a 2.9x money multiple.
China's CIC in $311m partial exit from Noble Group
China Investment Corporation (CIC) has made a partial exit from Singapore-listed agriculture and energy supply chain manager Noble Group, generating proceeds of S$396 milion ($310.6 million).
Boyu joins Chinese consortium for $2.5b GLP investment
Boyu Capital and several Chinese strategic investors have joined a consortium that has committed $2.5 billion to Global Logistic Properties (GLP), a Singapore-listed warehouse operator.
Singapore supports med-tech accelerator program
Spring Seeds Capital, an investment arm of government-backed Spring Singapore, has launched an initiative that could channel up to S$60 million ($47 million) into local medical technology start-ups.
Temasek wins approval to buy Intas stake from ChrysCapital
Temasek Holdings has received approval from the Competition Commission of India (CCI) to acquire a stake in Intas Pharmaceuticals from ChrysCapital Partners.
KKR completes privatization of Singapore's Goodpack
KKR has completed the S$1.4 billion ($1.1 billion) acquisition of intermediate bulk container (IBC) manufacturer Goodpack. The company delisted from the Singapore Exchange on September 15.
Rebright leads $1m seed round for Singapore’s Smove
Japanese seed investor Rebright Partners has led a $1.1 million funding round for Clean Mobility Singapore, the Singapore-based start-up behind car rental service Smove, with participation from 500 Startups and Wavemaker Pacific.
UOB, Orix launch $200m SE Asia-focused mezz fund
Singapore-based United Overseas Bank Limited (UOB) and Japan's ORIX Corp. (ORIX) have launched a mezzanine fund providing expansion capital to mid-sized companies in Southeast Asia.
Singapore Red Dot Payment complete Series A round
Wavemaker Pacific and GMO Global Payment Fund have taken part in a Series A round of funding for Singapore's Red Dot Payment, an online payment solutions provider. The financial details were not disclosed.
Navis completes buyouts in Australia, Singapore
Navis Capital Partners has completed two buyouts, acquiring Singapore-based pipe cladding manufacturer Cladtek and Australian casual dining chain operator and franchisor Dôme Coffees Australia.
GIC to set up $247m realty JV with India's Brigade Group
Singapore sovereign wealth fund GIC Private has agreed to set up a joint venture with India's Brigade Group to focus on residential real estate investments.
Everstone names ex-Goldman executive as CEO
India and Southeast Asia-focused GP Everstone has hired L. Brooks Entwistle,formerly of Goldman Sachs, as a partner and group CEO.
CITIC PE scraps plans for Biosensors takeover
CITIC Private Equity has abandoned plans for a takeover of Singapore-listed Biosensors International, although it will remain an active investor in the medical device manufacturer.
Armstrong commits $29m to Philippines solar project
Armstrong Asset Management and Singapore solar project developer Nv vogt have committed $29 million to the development of a pipeline of solar projects in the Philippines.
Goodpack shareholders back KKR buyout
Shareholders of Singapore-listed Goodpack, the world largest maker of intermediate bulk containers (IBCs), have approved a S$1.4 billion ($1.1 billion) take-private offer made by KKR.
Singapore's GIC backs Brazilian education provider
Singapore sovereign wealth fund GIC Private has acquired an 18.5% stake in Brazilian education company Abril Educação.
OMM’s Collins joins Dechert, eyes new phase in Asia spin-outs
Dean Collins, formerly partner and head of the Asia fund formation practice at O’Melveny & Myers (OMM), has joined Dechert as managing partner of the firm’s newly-opened Singapore office.
Northgate's Koh joins Singapore university endowment
Lye Thiam Koh has departed fund-of-funds Northgate Capital and taken up a new role as portfolio manager with the National University of Singapore’s (NUS) investment office.
SingTel Innov8 leads $25m Series B round for Bitglass
SingTel Innov8, the corporate venture arm of Singapore telecoms giant SingTel, has led a $25 million Series B round of investment for US-based Bitglass, a provider of mobile cloud security solutions. Norwest Venture Partners and New Enterprise Associates...
Singapore's GIC sees increase in PE exposure in 2014
Singapore sovereign wealth fund GIC Private has upped its exposure to private equity alongside bonds and emerging market equities for the year ended March, 2014, according its annual report.
Human Resources: Hiring for growth
When building the next Baidu or Facebook, finding the right team is as important as raising the next round of capital, if not more so. Early-stage investors can play an active role in the process.
SE Asia buyouts present localization challenge – AVCJ Forum
Southeast Asia’s emerging buyout opportunity represents a localization challenge for private equity firms as they try to distribute resources in order to maximize potential deal flow, industry participants told the AVCJ Singapore Forum.