Singapore
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?
Great expectations: Buyout firms in Southeast Asia
Global buyout firms are deploying more resources in Southeast Asia and expect to see stronger deal flow. But are there enough mid- to large-size transactions to go around, and will they come at reasonable prices?
TPG, Affinity-backed UTAC seeks to refinance debt – report
United Test & Assembly Center (UTAC), the Singapore precision engineering firm owned by TPG Capital and Affinity Equity Partners, is said to be seeking to refinance a portion of its debt through a $600 million bond issue.
Shares in Baring-backed Courts up 7.1% following IPO
Shares in Baring Private Equity Asia (BPEA) portfolio company Courts Asia rose by more than 7% following its Singapore IPO last Monday.
White & Case appoints three new partners in Asia
White & Case has appointed three new partners in Asia, including Jonathan Olier, a member of the law firm's M&A practice in Singapore. He specializes in private equity buyouts and restructurings as well as cross-border mergers and acquisitions.
Cambridge Associates opens fourth Asia-Pacific office
Cambridge Associates has opened a second office in Singapore. It will support the firm's existing consulting and investment practices in Beijing, Singapore and Sydney, as well as five locations in the US and UK.
Baring-backed Courts Asia targets $112m IPO
Baring Private Equity Asia (BPEA) portfolio company Courts Asia has launched its Singapore IPO with a view to raising S$137 million ($112 million). The electronics and furniture retailer is offering 178 million shares, of which 60 million are new shares,...
Baring PE Asia in new attempt at Courts IPO
Baring Private Equity Asia has resumed efforts to list electronics and furniture retailer Courts Asia in Singapore. The PE firm, which controls Courts through Asia Retail Group, attempted an IPO in 2010 but withdrew the offer due to valuation concerns....
Wellington Partners leads $3.4m Series A for AyoxxA Biosystems
Wellington Partners Venture Capital has led a EUR2.6 million ($3.4 million) Series A round of financing in AyoxxA Biosystems, a biotech firm based in Singapore and Germany. The capital will provide AyoxxA with the resources to scale-up production of bead-based...
Blackpeak adds PE guru to board
Risk advisory firm Blackpeak Group has appointed private equity investor and advisor Göran L. Seifert to its board. Seifert previously served as a member of British PE firm 3i Group's non-executive director program in Asia.
Capstone Partners opens office in Asia
Placement agent Capstone Partners has opened its maiden Asia office in Singapore. Two senior executives - Alexandre Schmitz and Teena Jilka – were hired to lead the firm’s operations.
Russia's VTB Capital appoints Indonesia head
VTB Capital, the investment advisory arm of Russian financial services major VTB Group, has appointed Roger Suyama as head of Indonesia operations. This is part of the firm’s wider strategy to strengthen its presence in Asia Pacific and it comes as a...
Hogan Lovells boosts Singapore banking practice
Hogan Lovells has hired Alexander McMyn as a banking partner in Singapore, as part of the law firm’s ongoing efforts to strengthen its finance capabilities in Southeast Asia. McMyn previously worked at Linklaters in Singapore, having relocated from the...
KKR sells Unisteel to Swiss trade buyer
KKR has sold its Singapore-based disk drive components and assemblies manufacturer, Unisteel Technology, to Swiss trade buyer SFS intec, a unit of SFS Group.