Singapore
Michael Di Cicco joins Heidrick & Struggles' Asia PE practice
Michael Di Cicco has joined executive search firm Heidrick & Struggles as a partner at its financial services practice in Singapore. Di Cicco will lead the private equity practice for Asia Pacific and work with practice leaders in the US and Europe.
Zephyr Peacock, Credence back 20Cube Logistics
Zephyr Peacock India and Singapore-based Credence Partners are to invest $17 million in 20Cube Logistics for a significant minority stake.
MoFo opens new office in Singapore
US law firm Morrison & Foerster (MoFo) has opened an office in Singapore, its fifth in the region.
Temasek not interested in Silver Lake's Dell deal – report
Temasek Holdings is apparently not interested in joining a Silver Lake-led consortium that is looking to privatize Dell. Media reports have claimed that the Singapore sovereign wealth fund is one of a number of potential investment partners Silver Lake...
RRJ to invest in Olam International – report
RRJ Capital has reportedly agreed to invest in Olam International, the commodities supplier that recently came under attack from short-seller research firm Muddy Waters. Olam, which has seen its stock slide about 18% since the allegations were first made...
Blackstone appoints ex-PwC executive as Singapore chairman
The Blackstone Group has named Gautam Banerjee as Singapore chairman and appointed him to its international advisory board. He was previously executive chairman of PricewaterhouseCoopers Singapore and also served as the accounting firm’s COO for China,...
GIC appoints Lim Chow Kiat as CIO
Government of Singapore Investment Corporation (GIC) has named Lim Chow Kiat as its new group chief investment officer, effective February 1. Lim, currently the sovereign wealth fund’s deputy CIO, will replace Ng Kok Song, who is retiring after 42 years...
Baird invests in Singapore's Boston Plastics
Baird Capital Partners Asia has invested in Singapore plastic injection molding company Boston Plastics. It acquired shares from individual investors and company management, with the latter retaining majority control of the business.
Golden Gate invests in three Singapore e-commerce firms
Golden Gate Ventures, a Southeast Asia-focused early stage technology seed fund, has added three Singapore-based e-commerce businesses to its portfolio: TradeGecko, RedMart and Coda Payments.
Singapore named most attractive market for infrastructure investment
Singapore is the world’s most attractive market for infrastructure investment, according to a new report.
Singapore travel website gets seed funding from TNF, SingTel Innov8
Singapore-based online travel booking site Flocations has raised $570,000 seed funding round led by TNF Ventures and including SingTel Innov8, the corporate venture arm of SingTel – and angel investor Ben Ball.
General Atlantic's Nash promoted in Singapore
General Atlantic (GA) has promoted Nick Nash, who co-launched the firm's Singapore office, to principal.
Golden Gate, JFDI form Asian start-up alliance
Golden Gate Ventures and JFDI.Asia will form a strategic alliance to support early-stage digital start-ups in Asia as they move from concept to pre-Series A funding.
Sequoia, Canaan Partners invest $6.3m in Adnear
Sequoia Capital and Canaan Partners have invested INR350m ($6.3 million) in AdNear, a location-based mobile advertising platform, in a Series A round of funding.
TriReme Medical closes $18m round led by Luminor Capital
Singapore-based Luminor Capital has a led a $18 million financing round in TriReme Medica, a medical device company based in Pleasanton, California and Singapore. Major existing investors and new Asian investors also participated.
SingTel Inov8 leads Series D round in mobile video firm Vuclip
SingTel Inov8, the venture capital arm of Singapore telecom giant SingTel, has led a $13 million round of series D funding in mobile video firm Vuclip.
Dymon targets Singapore mid-market PE
Dymon Asia Private Equity (DAPE) sees a gap in the Singapore mid-market. With the likes of Baring Private Equity Asia and Navis Capital Partners having scaled up their fund corpuses to $1 billion or more in the last six years, ticket sizes have passed...
Everstone tables buyout offer for Singapore's Harry's Holdings
Everstone Capital has launched a takeover bid for Singapore-listed bar and restaurant operator Harry’s Holdings worth up to S$21.8 million ($17.8 million). The company founder, Mohan Mulani, and his wife Rita – who between them have a 45.9% stake in the...
Asia fundraising: Emerging LPs
Led by a clutch of sovereign wealth funds, Asia’s emerging LPs are looking to boost their alternatives exposure. Fund managers in search of allocations must find out what makes these institutions tick
Hedge fund Dymon branches into PE – report
Hedge fund manager Dymon Asia Capital is said to have launched a private equity vehicle with support from Singaporean sovereign wealth fund Temasek Holdings. It is the latest in a string of managers to offer both hedge fund and PE strategies under one...
Freshfields promotes Shanghai PE lawyer to counsel
International law firm Freshfields Bruckhaus Deringer has promoted Christian Zeppezauer from its corporate practice in Shanghai to the role of counsel.
KKR opens office in Singapore
KKR opened its office in Singapore on Thursday – its seventh in Asia and 15th globally – as a base for its investment activities across Southeast Asia.
Jungle Ventures launches $10m 'super angel' fund
Jungle Ventures, a Singapore-based investment firm, has launched a new "super angel” fund, which has raised an initial $10 million to be invested in start-ups across Asia.
Start-up investment: Fallen angels
The scarcity of seed capital in most of Asia has left the region’s entrepreneurs crying out for angel investors. What’s stopping them from flooding in?