Warburg Pincus Asia
Warburg Pincus re-ups in India's Apollo Tyres
Warburg Pincus has invested INR5.4 billion ($70.2 million) in Apollo Tyres to follow up on an earlier investment in the company. This continues a recent trend of PE players increasing their stakes in Indian public companies.
Warburg Pincus buys 17% stake in China Auto Rental
Warburg Pincus has agreed to acquire a 17.11% stake in Chinese car rental business China Auto Rental (CAR) from Ucar, a chauffeured car service provider. It follows a sharp drop in CAR’s share price following a scandal at Luckin Coffee, which is backed...
Warburg Pincus invests in India's Apollo Tyres
Warburg Pincus will invest INR10.8 billion ($150.7 million) in Apollo Tyres, a multinational tire manufacturer headquartered in India.
Deal focus: Circles.Life strives to be different
Circles.Life wants to think bigger, and broader, about its telecom offering than competing mobile virtual network operators in Asia. A $75 million investment from Warburg Pincus will fuel these ambitions
Warburg Pincus backs Singapore's Circles.Life
Warburg Pincus has invested an undisclosed sum in Circles.Life, a Singapore-based digital-only telecom operator.
Warburg Pincus returns $2b from China portfolio in 2019
Warburg Pincus generated distributions of $2 billion from its China investments last year, a record annual total for its local operation.
Centurium backs China logistics player
Centurium Capital has invested $300 million in ANE Logistics, one of the largest LTL (Less-than-truckload) operators in China.
LPs want to see how GPs learn from mistakes in Asia
GPs should be open and transparent with LPs about their previous difficulties in order to demonstrate an ability to learn from past mistakes, the Hong Kong Venture Capital & Private Equity Association’s (HKVCA) Asia Forum heard.
The crystal ball: Predictions for 2020
Industry experts weigh in as a range of macro factors promise to reshape markets across the region. Political, demographic, and scientific variables loom large
Portfolio: Warburg Pincus and ESR
ESR, an Asia-focused warehousing platform seeded by Warburg Pincus, stole a march on its rivals by tapping into the rise of e-commerce in China. It is now looking to stay ahead of the curve
Warburg Pincus, Bessemer invest India's Perfios
Warburg Pincus and Bessemer Venture Partners have led a $50 million Series B round for Indian financial technology provider Perfios.
ESR raises $1.6b in up-sized HK IPO, gains on debut
Pan-Asian logistics and fund management platform ESR gained 5.4% on its first day of trading in Hong Kong after completing Asia's second-largest IPO of the year.
PE-backed ESR relaunches Hong Kong IPO
Pan-Asian logistics and fund management platform ESR has relaunched a Hong Kong IPO that was pulled in June amidst unrest in Hong Kong and concerns about the valuation.
China apartment rental platforms: Illogical letting
Qingke, a Chinese long-term apartment rental operator, is looking to go public at a time when many of its peers are going out of business. Pursuing scale at the expense of sustainability is the core problem
PE-backed data center platform makes Asia investments
Princeton Digital Group, a Singapore-based data center developer backed by Warburg Pincus, has confirmed three project acquisitions across Asia as part of a $500 million regional expansion.
Tencent re-ups in China B2B trading platform Yijiupi
Tencent Holdings has invested $80 million in Yijiupi, a China-based online B2B trading platform that is looking to continue its expansion from liquor into other consumer goods categories.
India's Rivigo raises $65m from Warburg Pincus, SAIF
Warburg Pincus and SAIF Partners have led a $65 million Series E commitment to Indian technology-enabled logistics operator Rivigo.
Southeast Asia buyouts: Flexibility first
Southeast Asia has yet to deliver a consistent stream of large-cap buyout deals. Private equity investors must be creative, flexible and patient in trying to crack the market
GGV co-leads $150m investment in China's Geek+
GGV Capital has co-led a $150 million Series C investment in Chinese industrial robotics maker Geek+ alongside US hedge fund investor D1 Capital Partners.
Warburg Pincus raises $4.25b for China, Southeast Asia fund
Warburg Pincus has closed its latest China companion fund – which officially includes Southeast Asia for this vintage – at the hard cap of $4.25 billion.
PE-backed ESR postpones Hong Kong IPO
Pan-Asian logistics and fund management platform ESR has postponed its Hong Kong IPO, which was expected to raise up to HK$9.75 billion ($1.24 billion) and facilitate partial exits for several private equity investors.
Warburg Pincus seeks $4.25b for China, SE Asia fund - update
Warburg Pincus is targeting $4.25 billion for its second China companion fund, having officially added Southeast Asia to the mandate. The previous companion fund closed at $2 billion in late 2016 after three months in the market.
TPG, Warburg Pincus subscribe to Uxin convertible note
Uxin, a Chinese used car trading platform that went public last year, has raised $230 million through a convertible note issued to investors including Warburg Pincus and TPG Capital.
Vietnam banking: Where credit is due
Vietnam’s economic future is tied to an attractive but immature and constrained banking sector. Investors are prodding the edges of a precarious opportunity set