USA
NXP Semiconductors sells power assets to China’s JAC Capital
NXP Semiconductors, a Dutch chip manufacturer listed in the US, has agreed to sell its entire radio frequency (RF) power business to Chinese state-owned private equity firm Jianguang Asset Management (JAC Capital).
CreditEase's online P2P lending unit files for US IPO
Yirendai.com, an online peer-to-peer (P2P) online platform owned by China-based micro-credit loan player CreditEase, has filed for an IPO in the US.
Rakuten launches $100m fund for global fintech investments
Japanese e-commerce giant Rakuten has launched a $100 million fund for investments in financial technology start-ups worldwide.
Tsing Capital in $22m round for US-based QD Vision
China's Tsing Capital has co-led a $22 million round, with BASF Venture Capital, for QD Vision, a US-based display technology developer with sizeable exposure to Chinese manufacturers.
Placement agent Eaton agrees sale to Stifel
Placement agent and advisory firm Eaton Partners has agreed to be acquired by Stifel Financial Corp, a US-listed financial services holding company with a strong presence in investment banking and wealth management.
Wind Point Partners buys Korean lens manufacturer
Chicago-based private equity firm Wind Point Partners has acquired Daemyung Optical, South Korea’s second-largest manufacturer of optical lenses. Financial terms were not disclosed.
VCs say more is to come from the tech boom - AVCJ Forum
The technology boom has seen a large amount of capital enter start-ups in the online-to-offline (O2O) and mobile consumer spaces, and VC investors think there are still plenty of innovative start-ups worth backing.
VIDEO: Oaktree's Howard Marks
Oaktree Capital Management has been following a mantra of “move forward, but with caution,” since 2011, and Howard Marks, the firm’s chairman, told AVCJ earlier this year that he has seen no reason to change this outlook
French investor buys 5% stake in Warburg Pincus
Billionaire investor Marc Ladreit de Lacharriere, the CEO of French financial services firm Fimalac, has bought a 5% stake in Warburg Pincus and become a senior strategic partner at the firm.
Philips uncertain over Lumileds sale to China's Go Scale
Dutch electronics giant Philips has cast doubt on the sale of its LED components and automotive lighting unit to a Chinese private equity consortium as it emerged that US regulators were looking into the deal.
PE firms exit US oil assets to Chinese property developer
Chinese real estate developer Yantai Xinchao Industry has acquired two oil assets in West Texas backed by US-based private equity firms ArcLight Capital Partners and Denham Capital.
Google invests in VC-backed Chinese start-up Mobvoi
Google has agreed to buy a significant minority stake in Mobvoi, a Chinese voice-activated mobile search services provider, as part of a $75 million Series C round of funding.
Deal focus: SingPost’s one-world e-commerce play
Singapore Post buys TradeGlobal from Bregal Sagemount as part of a push from traditional mail delivery and into global e-commerce
China's Wuxi Healthcare VC joins round for US genetics start-up
Wuxi Healthcare Venture, a corporate venture fund owned by China-based Wuxi Pharmatech, has participated in a $115 million Series E round of funding for 23andMe, a Silicon Valley-based genetics-testing company.
SingPost buys US e-commerce player from PE backer
Singapore Post (SingPost) has bought US-based online commerce provider TradeGlobal from its private equity backer Bregal Sagemount for $169 million.
SoftBank backs US-based Cybereason, supports Japan expansion
SoftBank Corp. has led a $59 million Series C round of funding for US-based Cybereason and will help the company distribute its cyber-security platform in the Japanese market.
AngelList raises $400m from China’s CSC Group
Start-up funding platform AngelList has raised a $400 million early-stage focused fund from CSC Venture Capital, the US arm of private equity firm China Science & Merchants Investment Management Group, also known as CSC Group.
Temasek, Silver Lake back Dell in $67b acquisition of EMC
Singapore's Temasek Holdings is supporting the $67 billion acquisition of data storage and cloud computing company EMC Corporation by US-based computer maker Dell. Other backers include Silver Lake and MSD Partners.
Philippines' PLDT Capital backs US start-up
PLDT Capital, the recently-formed investment arm of Philippine Long Distance Telephone (PLDT), has committed $10 million to US mobile app development platform Phunware and will support expansion in Southeast Asia.
PE-backed Giant to re-list in Shenzhen via reverse merger
Chinese online game developer Giant Interactive Group, which was taken private last year by a consortium of PE investors in conjunction with the company’s CEO, is seeking to re-list in Shenzhen through a reverse merger.
Fund focus: Vertex strengthens its global foothold
Vertex Venture Holdings will use its new $600 million allocation from Temasek Holdings to invest in Vertex family funds across the US, Israel and China
Deal focus: H&Q’s reinvigoration factor
H&Q Asia Pacific's Silicon Valley-based innovation hub is intended to help established Asian companies find new avenues of growth in an increasingly challenging commercial landscape
Vertex raises $600m for China, US, Israel investments
Vertex Ventures, the VC arm of Singapore's Temasek Holdings, has received $600 million from its parent to invest in start-ups in China, the US and Israel.
SoftBank leads $1b round for Renren-backed US online lender
Japanese technology giant SoftBank Group has led a $1 billion Series E round of funding for Social Finance (SoFi), a Silicon Valley online lending marketplace also backed by China social networking site Renren.