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Top 5 Asian Venture Capital Rounds in 2014

Now, I should emphasize that my familiarity with venture capital is somewhat less extensive than my familiarity with private equity, infrastructure and real estate. I have some familiarity with it, having followed the sector in the trade publications and by speaking with local venture capitalists, but it was not an…

Top 5 Asian Private Equity Deals in 2014

At the behest of a friend, I’m setting out a number of observations about the private equity deals that occurred in 2014. Being January 29, 2015 when I finished writing this post, it is a little late, but I prefer to be as thorough as I can be…

Control Deals in Asian Private Equity

First, we can see from Table 1 below a general increase—admittedly with year-to-year fluctuations—in the number of private…

China Private Equity Due Diligence: A Primer

So, what can we do? (Other than decide to abandon the Chinese market, a decision that seems analogous to a physician cutting off an arm to cure a hangnail.) The short answer: Become better at due diligence. It is by no means a sovereign remedy for all the things that…

2014 Retrospective on Private Equity in Asia

First, let’s look at the private equity fundraising landscape in Asia. A number of well-known private equity firms raised successor funds, including CVC Capital Partners, The Carlyle Group, TPG Capital and Affinity Equity Partners. The success of these well-known sponsors follows the immense $6 billion Asian Fund II raised by Kolhberg, Kravis Roberts & Co.…