APER Apr 2025 - Homeplus’s Humbling Journey | Asia Private Equity Centre Limited

APER Apr 2025 - Homeplus’s Humbling Journey

Previous Issue Add to Cart

Feature

Homeplus’s Humbling Journey

Performance Benchmark

APER Index: Performance of 2018, 2019, 2020 & 2021 Deal Vintage Years (as of Jun 2024) Outlook

QuickData

China Deep Seeks AI

Australia/New Zealand

Investments

Green Advocacy

China

Artificial Intelligence

The DeepSeek Reverberation

DataRoom

Healthcare (2024)

Data Room - Healthcare (2024) - Overview

Data Room - Healthcare (2024) - Funds

Data Room - Healthcare (2024) - Investments

Data Room - Healthcare (2024) - Divestments

+ Show All

News

Australia/New Zealand

StrongRoom AI Enters Administration Shortly After Fundraising

Salesforce Earmarks US$2.5 Bn to Advance AI Innovation in Oz

Potentia’s 2nd Roulette

KKR: No Perpetual Relationship with Perpetual

+ Show All

China

GSR Ventures Rebrands Its US Operation

As Tea Leaves Stir

China: Connecting the Dots of Its Offshore EV/Battery Supply Chain

India

Wipro to Commit US$200 Mn to Its Venture Arm

Jio & Airtel to Separately Bring in SpaceX’s Starlink

Actis Expands Its Infrastructure Footprints in India

Japan/South Korea

Hahn & Co Arranges a New Finance Package for Ssangyong C&E

Lion City Looks to the Sun for Assets in Alternatives

INCJ Completes Its Mandate in Japan Display

Southeast Asia

VinFast Slashes EV Price & Could Secure US$1 Bn from a Qatar Investor

Singapore Investors Pursue Assets in Japan

StashAway Expands Offering into Crypto ETFs in Malaysia

Rest Of Asia/Rest Of The World

Copenhagen & Brookfield Separately Close Their Infra Funds

Temasek, GIC-backed Klarna Gears Up for US IPO

GIC Pares Down Interest in Office Tower in London

Keppel in UK’s Subsea Cable

+ Show All

Market Section

Australia/New Zealand

Funds

King River Close to Securing US$100 Mn AI Fund

Direct Capital Secures NZ Super in Its Fund VII

Investments

Tiger Global Turbo Charges Used Cars

Main Sequence Revisits Defence AI Startup

PSG Goes for Protecht Down Under

TRG to Acquire Forestry Assets in NZ

US-based Aligned Climate Capital et al to Provide EV Charging Management for Fleets

Main Sequence to Communicate with Robots Through Breaker

Korea’s NPS & US-based Townsend Take a Stake in Metrics Credit

EVP Empowers Pharmacies with Advanced Medication Management

Quadrant Provides Subscription-based Legal Services

One Ventures Joins OpenSpace in AMP

Blackbird & SEEK Revisit Organisational Wellbeing Programme

Quinbrook to Pioneer Long Duration BESS with CATL

Partners Group in Hyperscale & AI Infra Down Under

Paspalis Capital Backs Satellite Tech Company Esper

Blackbird Doubles Down on Health & Marketing Tech Plays

KKR Provides Financing Solution to Family Doctor Chain

+ Show All

Divestments

SCF & Viburnum Make a Clean Exit Down Under

Skip & Point King Take a Mid-Ride Stop

BGH Sold Its Bread to the French

Potentia in 2nd Attempt to Exit from Micromine

+ Show All

China

Funds

CBC Raises Rmb7 Bn at 1st Close of Its Healthcare Buyout Fund

HKUST Partners with SIIC in Biotech Fund

ICBC Earmarks Rmb80 Bn to Finance Tech Innovation

Investments

IDG Backs Drug Injection Pen Maker

TA Associates to Invest in HK-based Quality Control Solution Provider

CBC Buys Surgical Consumables

Lanchi & Qiming Led in Embodied AI Play

Inno Angel & Unity Ventures Ride Space Bus

Capital Today & Cathay Join GL Ventures in Robot Maker

Morningside & Shenzhen Capital Boost Inflammatory Disease Therapies

GL Ventures & Linear Capital in AI-powered Chemical Materials

Lightspeed Leads in Crypto Payment Platform in Hong Kong

Warburg Pincus to Increase Stake in New Frontier Health

Qiming to Power Up Heart Rhythm

CICC Porsche Fund Joins Hillhouse in Intelligent Driving Solutions

K2VC & Z Fund in Humanoid Robot Development

Legend & Qiming Join MPCi in Eye Care Solution

Sinovation Doubles Down on AI-powered Workflow

Goldstone et al in New Material Play

Eminence Immerses in Generative AI Video

CLSA Joins GL Ventures in Self-administration Drug Delivery Solutions

Sherpa & HongShan in DeepSeek-powered Clinical Trial Platform

Qiming & Lilly Asia Fund Pulmonary Hypertension Solutions

+ Show All

Divestments

VISEN Pharma Debuts on SEHK

Hanshow Debuts on Shenzhen’s ChiNext

ZG Group Debuts on SEHK via SPAC Merger

Mixue Debuts on SEHK

+ Show All

India

Funds

Endiya Partners Raises Rs8 Bn for Its Fund III

IFC to Invest US$65 Mn in A91 Partners GIFT Trust III

Bessemer Raises US$350 Mn for Its 2nd India Fund

ChrysCapital Said to Have Raised US$2.1 Bn for Fund X, India's Largest

IFC to Allocate US$15 Mn to Arkam Fund II

Prime Venture Partners Closes Fund V

Wipro to Commit US$200 Mn to Its Venture Arm

+ Show All

Investments

CPPIB & OTPP Up Their Commitments to National Highways Infra Trust

Kotak Invests in Tirupati Medicare; Affirma Exits

Actis Takes over India Solar Assets from Macquarie

Fundamentum Joins Accel in FMCG Retailer

Norfund Backs Waterworks in India

Goodwater & Blume Tune Into Regional Language Media

Alpha Wave Takes a Stake in I-Ven Realty

Bain Capital to Partner with Gold Loan Financier

W Health Ventures & Narayana Health Form Oncology JV

ValueQuest in Air Space Play

Temasek Indulges in Indian Snack Brand, Haldiram’s

Accel Joins Bertelsmann to Research Specialty Chemicals

Creaegis Said to Have Led in Cross-border Neobank

Singularity AMC Pursues Renewable Energy

Vertex Joins Good Capital to Shop for Home Appliances

Partners Group & KKR in AI-enabled HR Platform

Eurazeo Tops Up Its Insurance with InsuranceDekho

Zephyr Peacock India in AI-powered Agri Platform

Accel Adds Its Orders with Food Delivery Startup, Swish

Bessemer Tightens Mobile Phone Cybersecurity

True North Invests In India’s Non-bank Lenders

TPG Acquires Majority Stake in Siemens Gamesa’s Onshore Wind Business

+ Show All

Divestments

KKR Clocks US$170.4 Mn in Partial Exit of JB Chemicals

Affirma Pares Down Interest in TBO Tek

Japan/South Korea

Funds

Vertex Japan Reaches 1st Close for Its Debut Fund

Investments

KKR & JIC in Management Buyout of Topcon

JIC Venture Growth et al Invest in 3D Printed Prosthetic Leg

Altos Doubles Down on AI-powered Legal Tasks

3 Tender Offers Completed; US$5.8 Bn in Valuation Aggregate

DNX & ITOCHU Up Their Stake in Data Infra Platform, NodeX

Advantage Partners Finances Toho Zinc’s Turnaround Plan

Longreach Launches Tender Offer for Lightworks

SMBC VC in Space Tech Development

IA Partners to Privatise Freight Forwarding Company

DBJ Capital & Japan Post in HR Tech Company

Globis in Renewable Energy Operation Platform

Bain Clinches Deal for Seven & i’s Supermarket & Specialty Store Businesses

SPARX to Turbo Charge EV Motors Japan

Blackstone to Take Control of a CRO Play

IMM Credit Solutions in HD Korea Shipbuilding & Offshore Engineering

+ Show All

Divestments

Aspirant to Exit from Dipsol Chemicals

INCJ Concludes Investment in Japan Display

Affinity and GIC Said to Have Exited Kyobo Life

KKR to Conclude Investment in Supermarket Chain, Seiyu

Bain Capital to Exit from Digital Marketing Company

+ Show All

Southeast Asia

Funds

Venturi Targets US$250 Mn for Its 2nd Consumer Fund

FMO to Commit US$50 Mn to Green Infra Debt Fund

Investments

Pentagreen & BII to Accelerate Deployment of Renewable Energy

Gobi Partners Chips in Malaysia’s IC Design Startup

IFC to Finance Vietnam’s Toll Road ETC System

UOB Joins Clime Capital to Source Sunlight in Vietnam

5I, East Ventures Procure Life Sciences Supplies with Kyberlife

Intudo Joins Insignia in AgriTech Startup, Elevarm

Stonepeak & KJTS to Develop District Cooling Infra in Malaysia

Khazanah Acquires INCJ’s Stake in edotco

Denmark’s AP Moller in Ayala’s Logistics Unit

Gaia, Wavemaker Double Down on Sustainable AgriTech Startup, Agros

Mekong Increases Its Funding to TNH Hospital Group

Khazanah Connects Malaysia’s EV Charging Infra with Singapore

EDBI, Norwest Back Newly Launched Biotech Firm, Callio

Alpha JWC Leads in Indonesia Health Tech, Bumame

Ikhlas Capital in Malaysia’s PMG Healthcare

+ Show All

Divestments

Ekuinas Nets 3.5x from Medispec

Navis Finishes Shopping at Everrise Supermarket

Rest Of Asia/Rest Of The World

Funds

Pantheon Raises US$1.1 Bn for Its GP-led PE Secondaries Fund

Motion Ventures in Its 2nd Fund for Maritime Tech

ZQ Capital Completes 1st Closing of New Cross-border Fund

Stafford Closes Timberland Fund X at over US$1 Bn

Axiom Asia 7 Closed at US$1.28 Bn

+ Show All

Investments

Hostplus Develops AI Imaging Tech in the UK

ZhenFund Buys AI-powered Service Robot

WestBridge Joins Lightspeed in Next-Gen AI Infra

EQT et al Complete Nord Anglia Education Buyout

RRJ Subscribes to Private Air Charter Services in Dubai

Temasek Travels to US for Celestial AI

HHF Partners in Medical Equipment Play

K2VC Joins Glory Ventures in Sustainable Plastic Production

+ Show All

People on the Move

Ekuinas’s CEO to Step Down

OMERS Names Global PE Head

Dr Ben Meng to Join CPP Investments

Intel Names Mr Lip-Bu Tan as Its CEO

Lightrock Names New India Head

+ Show All