News
Singaporean investor Temasek opens London office
Temasek Holdings has established an office in London to support its investment interests in Europe, the Middle East and Africa. A New York base is expected to become operational later this year.
KKR completes Panasonic Healthcare deal, eyes bolt-ons
KKR has completed the acquisition of an 80% stake in Panasonic Healthcare, its biggest buyout in Japan to date. According to a source familiar with the situation, operations unit KKR Capstone is already working with the company and a number of bolt-on...
A Capital targets $1.38b for Sino-European tech fund
Sino-European PE firm A Capital has launched a EUR1 billion ($1.38 billion) technology fund to invest in European innovative firms. It will help them expand into emerging markets, in particular China.
Wolfensohn part exits India's Repco
Wolfensohn Capital has made a partial exit from India Repco Home Finance, a little over a year after it first invested in the company.
LeapFrog invests $29m in India’s IFMR Capital
LeapFrog Investments, a US-based specialist investor in financial services in growth markets, has invested $29 million in Indian non-banking finance company (NBFC) IFMR Capital.
Jafco invests $2m in Japan leisure booking site
Globis Capital Partners and Jafco Ventures have invested JPY200 million ($1.95 million) in Catarizm, the Japanese start-up behind online leisure booking site Asoview.
IDG leads round for Chinese restaurant review app Ricebook
IDG Capital Partners has led a $7 million Series B round of funding for Ricebook, a Chinese restaurant review mobile app operator.
Alibaba to invest $692m in GIC-backed Intime Retail
Alibaba Group will invest HK$5.37 billion ($692 million) for a 34% stake in Intime Retail Group, a Chinese department store operator backed by Singapore’s GIC Private.
Rabo Equity invests in Indian biotech firm
Rabo Equity Advisors' India Agribusiness Fund has invested INR750 million ($13 million) in Beloorbayir Biotech, a Bangalore-based drug developer.
China gaming firm Ourpalm commits $16m to Huatai M&A fund
Ourpalm, a Shenzhen-listed mobile games developer, has committed RMB100 million ($16 million) to Beijing Huatia Ruilian M&A Fund, a new investment vehicle managed by Huatai United Securities, an investment banking arm of Huatai Securities.
Fidelity, Gree invest $5m in Japan's Kaizen Platform
Fidelity Growth Partners and Gree Ventures have together invested $5 million in Japan's Kaizen Platform, the start-up behind PlanBCD, a platform that crowd-sources web design services.
PE-backed Tongyang Life bids for LIG Insurance
Tongyang Life Insurance, a South Korean insurer majority-owned by Vogo Investment, is among the preliminary bidders for a controlling stake in LIG Insurance.
Kalaari provides Series A for India big data start-up
Kalaari Capital has committed $3 million in Series A funding to Germin8, a Mumbai-headquartered big data analytics company.
KDDI incubator announces five start-ups for new program
KDDI Mugen Labo, an incubator backed by Japanese telecoms giant KDDI, has revealed the next batch of five start-ups to enter its boot camp program.
Japan flea market app raises $14m for US expansion
Mercari, the Japanese start-up behind the mobile flea market app of the same name, has raised JPY1.45 billion ($14.1 million) from Global Brain, Globis Capital Partners, Itochu Technology Venture, GMO Venture Partners, and other unnamed investors.
Zoyi supports take-private of China's Camelot Information Systems
Zoyi Capital has announced its second deal in a week, completing a $20 million investment in Camelot Information Systems, a US-listed Chinese enterprise application and financial IT services provider.
IFC part exits Indian NBFC to WestBridge
International Finance Corporation (IFC) has made a partial exit from Cholamandalam Investment & Finance (CIF), an Indian non-banking finance company (NBFC), selling shares to WestBridge Capital.
Blackstone completes take-private of China's Pactera
A consortium led by The Blackstone Group has completed a take-private of Pactera Technology International that values the NASDAQ-listed Chinese tech outsourcing firm at approximately $625 million.
Cathay Capital launches $687m Sino-French Fund
Cathay Capital, a Sino-French private equity firm, has launched a EUR500 million ($687 million) fund to promote the international expansion of French and Chinese companies in the mid-cap segment.
China Aier Eye Hospital invests in Huatai Securities’ M&A fund
Shenzhen-listed Aier Eye Hospital Group plans to commit RMB100 million ($16 million) to an M&A fund managed by Huatai United Securities, an investment banking arm of Huatai Securities.
Japan's Cyberdyne raises $89 million in Tokyo IPO
Cyberdyne, a VC-backed Japanese robotics company that makes exoskeleton suits, more than doubled on its Tokyo trading debut following a JPY7.8 billion ($76 million) IPO on the MOTHERS (market of the high-growth and emerging stocks) section of the Tokyo...
India's Annapurna Microfinance raises $5m Series B round
The state-backed Belgian Investment Company for Developing Countries (BIO) has led a INR300 million ($5 million) Series B round for India's Annapurna Microfinance.
China health data start-up secures $2m angel round
China health data mobile app provider 37 Health has secured a RMB10 million ($2 million) seed funding round led by Broadhi Capital.
PEP, Unitas file counter claim over Independent Liquor sale
Pacific Equity Partners (PEP) and Unitas Capital have filed a cross claim against two senior Asahi executives in Australasia regarding their involvement in the Japanese company’s purchase of Independent Liquor from the private equity firms in 2011.