Siddharth Poddar
The mid-market firm will close its Mumbai office and make redundant its three-person Indian investment team, including former Temasek executive Dinesh Vaswani.
Deals done by Hopu and Terra Firma were among the handful of transactions larger than $100m agreed in a region where deal value and volume have both declined significantly.
New Zealand-based Knox Investment Partners has purchased CanPrint/ Union Offset as the eighth bolt-on to portfolio company OPUS Print Group.
The Ministry of Knowledge Economy has backed the Korean manager's second mid-market fund, which aims to raise $500m.
Notwithstanding the lower market valuations of listed companies, GPs in Asia are still shying away from PIPE deals, writes Siddharth Poddar.
The Kuwait Projects Co. plans to raise its first private equity fund, ‘market conditions permitting’, that would invest in sectors including real estate and financial services.
The two firms will raise a ¥30bn fund to invest in Asian tech companies.
Jay Chen is now a part-time venture partner, which allows him time to focus on the research and consulting firm he founded in 2003.
The Vietnam-focused firm has listed Phu Nhuan Jewellery, its second listing of a portfolio company this month.
The three firms will pay INR2.4bn for 70 percent of Tikona Digital Networks.