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Deals — 20 Dec 2023

Singaporean Private Equity Firm Novo Tellus has successfully concluded the fundraising for its third private equity fund, Novo Tellus PE Fund 3, L.P. The fund outperformed its fundraising goal by 36%, ultimately closing at its hard cap with an impressive US $510 million in commitments. The company accomplished the closing of its fundraising within six […]

Merger — 17 Aug 2023

Singapore-based venture capital firm Jungle Ventures has announced its merger with HealthXCapital, an early-stage VC firm specializing in healthcare investments. The partnership is set to infuse Jungle Ventures with the expertise of the HealthXCapital team, enabling the firm to diversify its investment portfolio and expand its existing healthcare-related investments.  This move is expected to reinforce […]

Jakarta-based startup BintanGo, a platform facilitating content creators in monetizing their work, has recently secured $2.2 million in fresh funding, a mix of debt and equity. This round of funding has gained support from Contents Technologies, Transcend Capital Partners, and existing backers Investible and eWTP Tech Innovation Fund.  This infusion of capital takes the total […]

Acquisitions — 19 Jul 2023

Ares Management Corporation (NYSE: ARES), a U.S.-based alternative investment group, has reached an agreement to acquire Crescent Point Capital (CPC), a prominent private equity firm headquartered in Singapore. The acquisition deal encompasses the full ownership of CPC, a leading Asia-focused private equity entity managing approximately $3.8 billion in assets as of March 31, 2023. While […]

Private Equity — 4 Apr 2023

01Fintech, a growth-stage private equity firm specializing in financial technology in Southeast Asia, has announced a strategic partnership with Sinar Mas Financial Services (SMMA), a subsidiary of Sinar Mas Group, one of the largest conglomerates in Indonesia. SMMA provides a broad range of financial services, such as life and non-life insurance, securities, banking, capital markets, […]

Private Equity — 17 Feb 2023

Moonfare, a global digital private equity investment platform has announced that it raised $15 million at the close of its Series C extension funding round. The firm, which has its Asia Pacific offices headquartered in Singapore and Hong Kong, achieved a record valuation during the recent funding round. It also increased total revenues earned from […]

Private Equity — 20 Jan 2023

Singapore-based private equity firms Capital Square Partners (CSP) and Basil Technology Partners (BTP) have publicly announced a partnership that seeks to build a leading regional technology investment platform. In addition to this, CSP also announced that it already closed its recent funding round with a total of $700 million in investments raised. CSP Fund II […]

Private Equity — 31 Oct 2022

BPEA Credit, an independent private credit platform with one of the longest and strongest performing track records in the industry, announced the final closing of its third private credit fund, BPEA Credit – India Fund III, with capital commitments of $ 475 million. The fund, which is backed by blue chip international institutions, is more […]

Private Equity — 31 May 2022

Asian investment specialist Fullerton has successfully closed its first round of fundraising for a Thai direct private equity strategy at $100 million. The strategy targets small to mid-market companies with exposure to Thailand’s long-term growth, with potential to capitalise on attractive post-Covid valuations, and aims to deliver outsized returns of two times MOIC and 20% […]

Featured — 26 Apr 2022

South Korea’s buyout fund VIG Partners announced that it had entered into a definitive agreement to acquire an 85% stake in Teazen Inc, a tea-based health drinks company known for “Tae-ri Kim Kombucha”. VIG said it will acquire the entire 70% stake from IBK-TS Private Equity Fund, the previous major shareholder, and an additional 15% […]

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