A consortium led by private equity house CBC Group is said to be in advanced talks with Bain’s Capital to acquire its majority stake in Korean cosmetic pharmaceutical company Hugel Inc. The post CBC-led group
The private equity industry is on track to post its best year with deal value, exit value and fund-raising all on pace to approach or cross $1tn by year end, according to the midyear report
Asia-focused alternative asset manager PAG is reportedly looking to raise $500m for its second growth fund, just one year after hitting a $1.5bn final close for its fourth loan fund. The post PAG said to
Navis Capital Partners, a Singapore-headquartered private equity firm, has closed a pair of funds aimed at Asia-based opportunities. The post Navis Capital closes pair of funds aimed at Asian companies first appeared on AltAssets Private
Hong Kong-based private equity firm EmergeVest has invested into Lucy, the world’s first neobank aimed at women entrepreneurs. The post EmergeVest backs world’s first neobank targeted at women entrepreneurs first appeared on AltAssets Private Equity
Three Hills Capital Partners has sold portfolio company ACT at a $1bn enterprise value to fellow buyout house Bridgepoint, after expanding the business into France and Asia. The post Three Hills Capital exits $1bn ACT
Ares Management's Asian investment arm Ares SSG has raised more than $1.6bn for the final close of its third secured lending opportunities fund. The post Ares’ Asia arm raises what could be biggest pan-Asian secured
Global payments platform Airwallex has launched a $200m venture capital fundraise to target early stage, high-growth technology-enabled companies powered by the company's infrastructure. The post Booming payments platform Airwallex launches $200m venture capital fundraise first
Asian private equity house Navis Capital Partners is reportedly nearing an imminent final close for its eighth flagship fund, as well as raising a new continuation vehicle. The post Navis primed for imminent Fund VIII
Sequoia Capital China has reportedly led a $150m series E round funding in Beijing Cloudwise Technology which specialises in AI for IT operations. The firm was joined by new investors including Boston Investment, the Greater
India's Motilal Oswal Private Equity is eyeing almost $540m for its fourth fund targeting the country. The post India’s Motilal Oswal PE eyes $540m for fourth fund first appeared on AltAssets Private Equity News.
Ince Capital, the private equity firm launched by a pair of former Qiming Venture Partners execs, has reportedly reached a $450m first close for its sophomore fundraise. The post Ex-Qiming pair said to strike $450m
US private equity house Lone Star Funds has reportedly laid off most of its Asian investment team outside Japan after struggling to find investment opportunities in the region. The post Lone Star said to have
Buyout giant Blackstone has agreed to pick up a controlling stake in Indian online learning "bootcamp" Simplilearn Solutions. The post Blackstone agrees first Asian consumer tech deal by backing online learning ‘bootcamp’ Simplilearn first appeared
L Catterton, the private equity house backed by French luxury brand LVMH, has agreed to buy a majority stake in luxury fashion house Etro. The firm said it could leverage its strategic relationships with LVMH to
Asian private equity firm Creador has reportedly reached a $500m first close for its fifth fund, putting it within touching distance of its target. The post Creador strikes $500m first close for fifth fund, looks
Investment giant BlackRock has picked up more than $250m for the first close of a new fund focused on investing in climate infrastructure across emerging markets. The post BlackRock’s $500m-targeting climate infra fund attracts big
Singapore headquartered Navis Capital has sold its controlling interest in specialty chemical provider Amazon Papyrus to fellow buyout firm Longreach Group after sailing through the Covid-19 pandemic with strong performance. The post Navis Capital exits
Chinese venture capital investor ZWC Partners has pulled in more than RMB5bn ($774m) to close its second US-dollar denominated fund. The post China, SE Asia-focused ZWC Partners closes second US dollar fund on $774m first
Former Fidelity Investments arm Eight Roads has launched a $400m China-focused healthcare fund. The post Eight Roads launches $400m China healthcare investment fund first appeared on AltAssets Private Equity News.
