Asia-focused private equity firm RRJ Capital has led a US$250 million investment in China-based logistics property developer and service provider China Logistics Property Holdings (CNLP). The investor consortium included additional undisclosed investors from Singapore, Europe, the United States and Canada. CNLP will use the investment to expand its network of… Read More
China-focused growth capital fund manager China New Enterprise Investment (CNEI) has invested US$6.5 million in Zhanjiang Newpro Foods, a China-based prawn farming and processing company. Newpro sells larvae and baby prawns to cultivators and farmers in China and processed prawn products to distributors and wholesalers in both export and domestic… Read More
Southeast Asia-focused private equity firm Navis Capital Partners has agreed to buy a majority stake in Singapore-based Imperial Treasure Restaurant Group, which operates a chain of restaurants under the Super Peking Duck brand. The deal is reportedly valued at SGD60 million (approximately US$45 million) to SGD80 million (approximately US$59 million). Read More
Singapore-based energy efficiency services company Barghest Building Performance (BBP) has received a mezzanine investment from Emerging Asia-focused private equity investment firm Tembusu Partners. The investment was structured though Tembusu Growth GIP Fund III. BBP intends to use the investment to grow its client base across more sectors in Singapore and… Read More
Uniphore Software Systems, an India-based speech recognition solutions company, has received a round of funding from venture capital firm IDG Ventures India and YourNest Angel Fund, an India-focused early stage fund. Uniphore will use the investment to scale its technology development efforts and expand into new global markets. Financial details… Read More
Global private equity firm Warburg Pincus has invested more than INR8.5 billion (approximately US$133 million) in India-based e-commerce logistics company Ecom Express. Ecom Express will use the new investment to grow its operations in rural areas and small towns in India, strengthen its technology and infrastructure and expand its management. Read More
Aspada Investment Advisors, an investment firm focused on small- and medium-sized enterprises in India, has invested INR200 million (approximately US$3.1 million) in EM3 AgriServices, an India-based farm mechanization and technology services company. The transaction was structured through Aspada Investment Company, a venture capital-focused holding company managed by Aspada Investment Advisors. Read More
Global technology-focused investor Silver Lake has led a US$500 million round of funding in China-based mobile and online travel platform Qunar in the form of two percent senior unsecured convertible notes with an initial conversion price of US$55 per share. Silver Lake invested US$330 million, while another undisclosed investor contributed… Read More
ChrysCapital, an investment firm that focuses on growth sectors in India, has sold its 11 percent stake in India-based prescription drug producer Mankind Pharma to Capital Group Private Markets, a global private equity investor, for INR13 billion (approximately US$203 million). The exit reportedly returned a 10x cash multiple to ChrysCapital. Read More
Global private equity firm Cathay Capital Private Equity has acquired a 25 percent stake in Cabio Bioengineering, a China-based biologically fermented foods producer. The transaction was structured through the Sino French (Midcap) Fund. The new investment will help the company to diversify its product portfolio and increase its market coverage. Read More
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