Official Record
Deal focus: Bonchon flies the coop
VIG Partners acquires Bonchon, a Korean-headquartered fried chicken restaurant chain with a global presence, with an eye to growing the business worldwide
Deal focus: Deputy punches the new timeclock
Employment management services company Deputy has raised what is said to be Australia’s largest ever Series B round as investors look to bring new technologies into long-outdated business processes
Fund focus: ADM aims for clarity in private debt
ADM Capital prioritizes transparency as it closes its latest Asia-focused secured lending fund. Environmental, social, and governance issues are also high on the agenda
Deal focus: Investors bring new lift to Rocket Lab
Rocket Lab's latest funding round is aimed at helping the New Zealand-founded company grow into new markets and target new business opportunities
Deal focus: L Catterton enters Japan with Owndays
In its debut Japan investment, L Catterton plans to help eyewear maker Owndays expand its customer-friendly business model outside its home market
Deal focus: XtalPi takes big pharma into the cloud
China and US-based XtalPi has raised $61 million this year from investors impressed its use of quantum physics, computational chemistry, and artificial intelligence to bring greater certainty to drug development
Deal focus: MOPE re-enters India’s automotive market
Having tracked India-based Happy Forgings for five years, Motilal Oswal Private Equity is now confident in the company's ability to build its presence in the domestic and export auto components markets
Deal focus: Quintet pumps Talent’s recruitment muscle
Australian middle-market GP Quintet Partners has targeted IT contract recruitment for its second investment, leveraging a global trend towards taking on staff as and when needed
Funds: GGV continues fund size scale-up
Applying technology to traditional industries is likely to feature prominently in GGV Capital's latest China-US fund, which has closed at $1.88 billion
Deal focus: Meltin plans next stage in human evolution
Japanese bio-robotics start-up Meltin has received a $17.7 million Series B round from a group of investors including SBI Investment with a view to revolutionizing human-machine interfaces
Deal focus: Mandaya targets shifting healthcare demand
Kendall Court backs Mandaya Medical's bid to capture the demand for quality healthcare among Indonesia's growing middle class
Deal focus: Linklogis embraces supply chain finance 2.0
GIC Private leads $220 million investment in Linklogis, a financial technology player aiming to fill China's supply chain finance gap
Fund focus: MSPEA takes on Thailand
Morgan Stanley Private Equity Asia raises $440 million for its first vehicle aimed at the so-far underpenetrated Thailand market
Deal focus: A repeat prescription for Korean shipping
Hahn & Company has secured a $3.7 billion corporate restructuring of SK Shipping with a view to implementing the same operational improvements that have proved successful with H-Line
Fund focus: New name, new era for IDG in India
IDG Ventures India has rebranded as Chiratae Ventures, marking the end of its association with IDG and underlining its commitment to the local start-up community
Deal focus: Oyo passes the $1b mark
Oyo Rooms has taken a budget hotel marketing strategy that worked in India and applied it to overseas markets, notably China. Investors were bullish enough on its growth potential to provide a $1 billion Series E round
Fund focus: Maison in dollar fund breakthrough
China’s Maison Capital raises its first US dollar-denominated fund with a view to expanding its mandate while staying focused on a thriving domestic consumer market
Deal focus: Growth capital secondaries
NewQuest Capital Partners and Committed Advisors have invested $175 million in a fund intended to institutionalize the Basil Partners platform and help its portfolio companies achieve greater scale
Deal focus: Hahn & Co agrees transformative bolt-on
Hahn & Company has followed up its bumper acquisition of Hanon Systems by supporting the company in the $1.23 billion carve-out of a division from Manga International. The deal should bring more balance - and synergies - to the Hanon portfolio
Deal focus: GA targets mass-market healthcare
General Atlantic has committed $150 million to Hong Kong Asia Medical Holdings, a Chinese hospital operator that stands out among private players in that it accepts payment through the national health insurance system
Deal focus: Video++ targets digital dollars
Chinese start-up Video++ raises Series C1 round to grow its AI advertising business aimed at China's streaming video platforms
Deal focus: PingCap sees borderless future in the cloud
Fosun Group and Morningside Venture Capital lead a $50 million Series C round to support PingCap's US-China cloud database services push
Deal focus: GTJA targets China online pharmacy boom
Healthcare specialist GTJA Investment Group leads a $130 million Series B for Jianke in the expectation that the company will consolidate its leadership position in China's online pharmacy market
Deal focus: Fave scales fast as Southeast Asia goes O2O
Malaysia-based Fave raises $20 million to connect Southeast Asia's conservative small businesses with the region's emerging cashless economy