Deal Street Asia Online News – Page 86 – I wish I had more to offer

India-focused GEF secures $380m so far for latest Asia climate fundGEF is looking at raising $300-400m for the vehicle.

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Blackstone to sell Japanese supplement maker Alinamin to MBK for $2.2b: Nikkei

Private equity firm Blackstone is nearing a deal to sell Japanese supplement maker Alinamin Pharmaceutical to North Asian buyout fund MBK Partners for 350 billion yen ($2.17 billion), a person with direct knowledge of the matter said on Tuesday. The deal is expected to be signed soon, said the person, who declined to be identified as… Continue reading Blackstone to sell Japanese supplement maker Alinamin to MBK for $2.2b: Nikkei

Data Vantage: BIOBOT Surgical, Sirion, ESQA, Tyme and GDMC in focus

Start your deal-making journey now! Subscribe now to enjoy unlimited access at just $59. Premium coverage on private equity, venture capital, and startups in Asia. Exclusive scoops from our reporters in nine key markets. In-depth interviews with industry leaders shaping the ecosystem. Subscribe now Go to Source

Indian retailer FirstCry gets regulatory nod for IPOIt first filed IPO papers with SEBI last December.

India’s market regulator, on Monday, approved baby products retailer FirstCry’s filing for an initial public offering at the second time of asking, after having raised doubts over certain aspects in the first submission. FirstCry, backed by Softbank, TPG and Mahindra and Mahindra, sells baby products such as clothes, diapers and toys, and is seeking to… Continue reading Indian retailer FirstCry gets regulatory nod for IPOIt first filed IPO papers with SEBI last December.

US pension fund commits $19.7m to EQT’s mid-market growth vehicleThe fund has invested in Malaysia’s Viewpoint Software, India’s Indium Software and J…

The LP View: Asset allocators lean on direct deals, co-investments to garner better returns

More and more limited partners (LPs), betting big on India, are now coming forward to pick up stakes directly in companies, trying to replicate the windfall that some of the fund managers have been able to produce in the country over the past few years. Go to Source

Capsquare Asia Partners said to raise continuation fund to exit Indonesia’s Champ Resto

Indonesia-focused private equity firm Capsquare Asia Partners is considering raising a continuation fund to support the exit from IDX-listed restaurant operator PT Champ Resto Indonesia Tbk, multiple sources aware of the development told DealStreetAsia. Go to Source

Charticle: Independent VCs catch up as average cheque sizes of China’s CVCs shrink

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General Atlantic’s Sandeep Naik may step down as India, SEA head by year-end: Report

Global private equity (PE) major General Atlantic could soon see a rejig in its top management. Sandeep Naik, its head of India and Southeast Asia, is tipped to leave his position by the end of this calendar year and take on an advisory role. The development was first reported by MoneyControl, which said Naik’s current… Continue reading General Atlantic’s Sandeep Naik may step down as India, SEA head by year-end: Report

Metro Pacific, GIC to take $1b stake in Indonesian toll road operator

Metro Pacific Tollways and Singapore sovereign wealth fund, GIC, will take up a stake worth $1 billion in a unit of Indonesian toll road operator, PT Jasa Marga, the affiliate of the Philippines’ Metro Pacific Investments said on Monday. The companies would take up a 35% stake in Jasamarga Transjawa Tol, which is a network… Continue reading Metro Pacific, GIC to take $1b stake in Indonesian toll road operator