Singapore
Navis commits up to $150m to SE Asia e-waste specialist
Navis Capital Partners has acquired a majority interest in TES-Envirocorp, a Singapore-headquartered electronic waste (e-waste) company. According to sources familiar with the transaction, the GP invested $100-150 million.
Japan's Takeda buys Singapore biopharma start-up
PE-backed Singapore biopharmaceutical start-up Inviragen is to be acquired by Japan's Takeda Pharmaceutical for $250 million.
Saban Capital plans to triple Asia portfolio
Saban Capital is looking to triple its investments in Asia over the next two years with a focus on the media and communications space.
Temasek-invested US drug developer targets IPO
Portola Pharmaceuticals, a US-based drug developer whose largest shareholder is Temasek Holdings, plans to raise $127 million through a NASDAQ IPO. The other backers include MPM Capital, Prospect Venture Partners, Brookside Capital, Sutter Hill Ventures,...
Singapore's GIC backs BMC Software take-private
Government of Singapore Investment Corporation (GIC) is participating in the $6.9 billion take-private of US enterprise software provider BMC Software, led by Bain Capital and Golden Gate Capital. It is the third-largest global PE deal announced so far...
Sidley Austin adds PE lawyer to Singapore office
US law firm Sidley Austin has hired Gregory Salathé, a cross-border M&A specialist who represents PE and hedge funds, as a partner in its Singapore office. He will relocate from Tokyo, where he was previously co-managing partner of Morgan Lewis' office....
OCBC takes part in $116m debt financing for Indonesian toll road operator
Singapore's Oversea-Chinese Banking Corporation (OCBC) has completed IDR1.13 trillion (S116 million) in convertible debt financing for Indonesian toll road operator Baskhara Utama Sedaya (BUS).
Macquarie-owned Taiwan Broadband gathers investors for IPO
Eight cornerstone investors have been lined up to take nearly one third of pay-TV operator Taiwan Broadband Communications’ Singapore IPO. The offering will allow two Macquarie funds that own Taiwan Broadband to exit their holdings.
Creador brews 2x return on OldTown
Malaysia's OldTown White Coffee has unusual origins. The brand came into existence in 1999 as a range of pre-mix instant beverages, offering creamer, coffee and sugar in a single sachet. It was only in 2005 that the company decided to venture into the...
Vickers Venture exits Singapore's Asian Food Channel
Singaporean venture firm Vickers Venture Capital has exited its investment in the Asian Food Channel after it was acquired by USA’s Scripps Networks Interactive. The details of the transaction were not disclosed.
Saban Capital opens Singapore office
Saban Capital Group, a Los Angeles - based PE firm which invests in the media and communications sector, has opened a new office in Singapore.
Fenox, IMJ to invest in SE Asian, Japanese start-ups
Silicon Valley's Fenox Venture Capital and Japanese mobile solution provider IMJ Corporation have jointly established IMJ Fenox Pte with a view to investing in mobile, Internet and software technologies in Southeast Asia, Japan and the US.
Bessemer Ventures leads $1m round in Singapore's Nitrous.IO
Bessemer Venture Partners has led a $1 million round of seed investment in Singapore tech start-up Nitrous.IO.
NEPC forms alliance with Singapore's GFIA to boost Asia advisory business
NEPC has entered into a research agreement with a Singapore-based investment consultant GFIA to bolster its coverage of Asia-based managers and investment strategies.
Temasek sets up dedicated LNG investment unit
Temasek Holdings has set up an investment unit dedicated to liquefied natural gas (LNG) assets. The move comes as the Singaporean sovereign wealth fund seeks to increase its energy exposure – as also evidenced through recent PE investments – in recognition...
TNF Ventures leads $560k investment in start-up Tribehired
TNF Ventures has led a S$696,000 ($560,000) seed funding round in social recruitment site Tribehired.
Electric Sheep Capital, DMP invest $3.2m in Singapore's AdzCentral
Electric Sheep Capital and Digital Media Partners have invested s$4 million ($3.2 million) of Series A funding in AdzCentral, an advertising technology company based in Singapore.
Singapore's Golden Gate Ventures eyes Series A fund
Singapore-based Golden Gate Ventures is planning to raise a second fund focusing on Series A investments in Southeast Asian tech companies. A source with knowledge of the matter said the fund would launch within 12 months, targeting around $40 million....
Temasek's Vertex leads Series B round for Clearbridge BioMedics
Vertex Ventures, a VC unit of Temasek Holdings, has led a Series B round of financing for Singapore-based Clearbridge BioMedics worth S$9 million ($7.2 million). Other participants include existing investor BioVeda, Spring Seeds Capital, Biosensors International...
AID Partners makes bet on HMV
The rise of services like iTunes and Spotify are enough to make any record store business shudder. Factor in the proliferation of file-sharing services and online piracy, and it is inevitable former giants like the UK's HMV seem to be going the way of...
Hunting the lion city
When John Tsang, Hong Kong’s financial secretary, extended the private equity industry a significant tax incentive in last week’s budget, it was presented in the wider context of encouraging more funds to domicile in the territory. In some quarters, this...
AID Partners buys HMV's Asia operations
AID Partners has bought music and movie retailer HMV's operations in Hong Kong and Singapore, plus all its licenses in mainland China, Macau and Taiwan.
Temasek unit completes Singapore's biggest IPO in two years
Mapletree Greater China Commerical Trust (MGCCT), a unit of Temasek Holding's real estate arm, has raised $1.3 billion in Singapore's biggest IPO in two years.
CMIA, China Merchants complete China Farm take-private
CMIA Capital Partners and China Merchants Holdings have completed the privatization of Singapore-listed agriculture machinery manufacturer China Farm Equipment (CFE), following an investment of $23 million.