United Kingdom
Asia-based football investment platform backs England's Charlton Athletic
ACA Football Partners (ACAFP), an investment platform established by professionals from Singapore-based ACA Investments, is part of a consortium that has acquired English football club Charlton Athletic.
Australia's River Capital targets UK cake shop chain
River Capital, an Australian investment firm that owns speciality cake retailer The Cheesecake Shop, has been rebuffed by the board of UK-based Cake Box Holdings after submitting a buyout offer for the listed company.
ResponsAbility raises $106m for climate-agri debt fund
Swiss impact investor ResponsAbility has raised USD 106m for a global climate-smart agriculture and food private debt fund that will be 40% deployed in Asia.
Illuminate Financial closes $235m VC fund, targets Asia
Illuminate Financial, a UK-headquartered GP with a base in Singapore, has closed its third fintech VC fund on USD 235m amidst plans to expand activity in the region.
UK, India-based Builder.ai raises $250m Series D
Qatar Investment Authority (QIA) has led a USD 250m Series D round for UK and India-based Builder.ai, a low-code business software platform that compares is modularity to Lego blocks.
Temasek impact unit backs UK cleantech player
Singapore’s ABC Impact, a unit of Temasek Holdings, has led a GBP 20m (USD 25.2m) Series B round that will support an Asian expansion by UK-based cleantech company Polymateria.
Deal focus: LionRock finishes polishing Clarks
LionRock Capital is exiting Clarks to its majority partner, Li Ning-owned and Hong Kong-listed Viva China, having helped the struggling British shoe brand survive the pandemic
China's CMC trims stake in City Football Group
China-based CMC Capital has exited the bulk of its remaining stake in City Football Group (CFG), a series of football clubs built around the Manchester City brand, with CMC founder Ruigang Li vacating his seat on the company’s board.
Hong Kong's LionRock exits UK shoe brand Clarks
LionRock Capital, an Asian private equity firm that invests in global consumer brands with a China growth angle, has agreed to sell its stake in British shoe brand Clarks to Viva China, a holding company controlled by Li Ning, founder of the eponymous...
China’s Welkin Capital puts IPO on hold
China’s Welkin Capital has paused a planned USD 300m London IPO for an entity seeded with assets from its debut private equity fund, citing macro uncertainty and market volatility.
China's Welkin Capital targets London IPO
China-focused Welkin Capital is looking to raise up to USD 300m through an IPO for a London-listed investment entity seeded with assets from its debut private equity fund, which closed in 2017.
EverSource closes India climate impact fund on $741m
EverSource Capital has reached a final close of USD 741m on what is being called India’s largest climate impact fund.
Singapore’s PatSnap raises $300m Series E
Singapore and UK-based market intelligence and analytics provider PatSnap has raised a $300 million Series E round led by SoftBank Vision Fund II and Tencent Holdings.
Deal focus: Monetizing mice
ORI Capital’s 2.8x return on its investment in Kymab was in part based on helping the company make the transition from antibody-based discovery platform to drug development engine
CITIC exits data business to European GP
CITIC Capital is exiting its stake in business intelligence database provider ISI Emerging Markets Group to UK-based Montagu Private Equity.
Deal focus: Lyre’s opts for science instead of a still
Australia-founded beverages maker Lyre’s has raised $11.5 million in seed funding with a view to helping non-alcoholic spirits follow in the footsteps of alternative protein
Eurazeo backs UK, Singapore-based Thought Machine
Eurazeo Growth, a joint venture between French GPs Eurazeo and Idinvest Partners, has joined a $125 million Series B round for UK and Singapore financial technology player Thought Machine.
Redmayne leaves CVC to join Searchlight
James Redmayne, a 14-year veteran of CVC Capital Partners who spent the last seven years in Asia, has joined the London-based team at Searchlight Capital Partners.
Permira closes seventh global PE fund at $12b
Permira has reached a final close on its seventh global private equity buyout fund at the hard cap of EUR11 billion ($12.1 billion).
CDC appoints direct equity managing director
CDC Group has named Tony Morgan (pictured), formerly a managing director at Canada Pension Plan Investment Board (CPPIB) as a managing director responsible for direct equity.
Profile: EmergeVest's Heath Zarin
Heath Zarin has taken EmergeVest out of the Asian private equity mainstream, leveraging a specialist strategy and operational expertise to create the UK’s largest private logistics business
Quadrant-backed APM acquires UK-based WD Services
Advanced Personnel Management (APM), an Australian disability services provider purchased by Quadrant Private Equity last year, has acquired UK-based employment program operator WD Services.
Jungle co-leads $29m round for UK AI developer
Jungle Ventures has joined UK-based venture capital firm Lakestar to lead a $29 million Series A round for Engineer.ai, a developer of artificial intelligence (AI)-enabled software development tools.
China’s GL commits $12.5m to UK-listed healthtech platform
GL Capital, a healthcare-focused GP based in China, has invested GBP9.75 million ($12.5 million) in UK-listed health technology platform Oxford BioDynamics (OBD) as part of a larger partnership aimed at expansion in China.