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1 week ago | 
ionanalytics.com | Vivian Li |Edith Leung
China’s Centurium Capital acquired German industrial automation business Ruhlamat, marking its debut cross-border deal, shortly before the latest round of US tariffs. Charles Lin, a managing director at the GP, described it as a succession transaction with a risk-aware geopolitical overlay: Ruhlamat’s headquarters have moved to Singapore; China is now home to R&D operations. “This is about de-globalisation.
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1 month ago | 
ionanalytics.com | Vivian Li |Edith Leung
News (Intelligence) • Growth capital pullback unlikely to harm portfolio as companies move towards profitability• Liquidity via GP-led secondary for Fund V set to be followed by Fore Coffee’s Indonesia IPO• AI is an increasing area of focus for new deals, portfolio-level operational improvementThe scandal surrounding Indonesian aquaculture start-up eFishery has shaken investor confidence in Southeast Asia.
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2 months ago | 
ionanalytics.com | Vivian Li |Edith Leung
News (Intelligence) • New funding comes on back of 3x increase in alternatives exposure in six months • Evergreen products, strong client servicing are key when pitching to GPs as a distributor • Hong Kong expansion is current priority, local partners needed to enter other Asian markets Wealth management platform Endowus increased client assets sevenfold to USD 7bn in the three years through September 2024, promising a user experience that blends digitalization and human touch and easy access...
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Dec 1, 2024 | 
ionanalytics.com | Vivian Li |Edith Leung
News (Intelligence) • Jireh Li worked as an LP before crossing to the GP side with Source Code• Her remit at Ince covers investor relations and helping companies pursue global growth• China VCs are increasingly chasing cross-border deals, repositioning as global GPsJireh Li, formerly of Source Code Capital and Commonfund Capital, has joined China-focused venture capital firm Ince Capital as a partner, according to three sources familiar with the situation.
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Oct 30, 2024 | 
ionanalytics.com | Vivian Li |Edith Leung
Buyouts in Japan are on course to surpass 150 for the first time on record, almost doubling the 2017 total. This should not obscure the fact that deal volume is running at a three-year low, but rather accentuate the role of the middle market at the epicenter of activity. Between 2021 and 2023, nearly 30 deals of USD 500m or more were announced, half exceeding USD 1bn. Six surpassed USD 3bn, according to AVCJ Research.
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Oct 16, 2024 | 
ionanalytics.com | Vivian Li |Edith Leung
Many global allocators to private markets are cutting back exposure to Asia, citing economic uncertainty, unpalatable levels of risk, and underperformance of emerging markets. But not Federated Hermes Private Equity, formerly Hermes GPE. It will stay at approximately 20%. “We like Asia for the opportunity to invest in relatively ‘boring’ businesses yet still achieve very attractive growth – industries that, in the West, would be considered quite cyclical and aligned with GDP.
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Sep 24, 2024 | 
ionanalytics.com | Vivian Li |Edith Leung
China’s declining consumer sentiment, triggered by COVID-19 but felt most keenly since the beginning of 2023, has prompted GPs with exposure to the sector to modify their strategies. For BA Capital, this means targeting extreme ends of the spectrum: high-efficiency businesses focused on lower-tier cities and experience-heavy offerings for the more affluent. “The most resilient consumer markets are those in county-level cities.
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Sep 10, 2024 | 
ionanalytics.com | Vivian Li |Keane Hoo
Bain leveraged brand, marketing expertise to secure USD 1.4bn dealChina, South Korea are initial expansion markets, US to followDigital marketing, content licensing are key to growth strategyOne in every five women residing in Tokyo between the ages of 25 and 30 is a member of the Mash Holdings loyalty programme, which has over 7m participants in total.
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Jul 23, 2024 | 
ionanalytics.com | Vivian Li |Edith Leung
Investor targets markets where specific technologies have an edge on the USAustralia’s compliance regime has nurtured a clutch of workplace safety start-upsHammerTech is expected to pursue organic, inorganic expansion in US, EuropeAs one of Australia’s earliest unicorns, SafetyCulture is the highest profile of what Jeff Parks, a co-founder and managing partner at Riverwood Capital, describes as a cohort of construction safety start-ups that have emerged from the country.
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Jul 8, 2024 | 
ionanalytics.com | Vivian Li |Edith Leung
News (Intelligence) LongRiver Investments, a China-based venture capital firm established by the founding partner and former CEO of Ping An Ventures, has closed its debut fund on USD 385m, according to a briefing document seen by AVCJ. It will pursue a global mandate focused on the healthcare and technology sectors. LPs include insurance companies, asset management companies, and funds-of-funds from Asia and Europe.
