Joji Thomas Philip

Founder & Editor-in-Chief
Email: jojiphilip@dealstreetasia.com

Tata Capital set for close of $600m India opportunities fund in 2019

“The first fund was closed at $595 million in 2013. For fund two, we are looking similar, or slightly bigger size perhaps. The deals will be done with a similar strategy as in the past – $50 million to $100mn being the sweet spot with a wider range around that,” Padmanabh Sinha, managing partner, Tata Opportunities Fund said.


Värde Partners raises $400m for Asia Credit Fund, exceeds target by 60%

The vehicle – Värde Asia Credit Fund – hit the final close within six months.


Indonesia’s Ekrut bags Series A funding from Venturra, Prasetia Dwidharma

Early last year, Ekrut had raised an undisclosed seed round from Indonesia’s leading early-stage investor, East Ventures.


Exclusive: Singapore-based ICT Fund seeks $100m for second vehicle

Formerly known as Tembusu ICT Fund I, the VC had raised $35 million for its first fund in 2015.


Bukalapak eyes investment products, P2P lending to cash in on fintech opportunity

Bukalapak co-founder and president Muhamad Fajrin Rasyid answers questions about Indonesia’s crowded e-commerce market, fundraising, potential listing plans and profitability.


Listing certainly a possibility but not the only option, says BT Ng, ARA

Ng Beng Tiong, CEO, ARA Private Funds & Assistant Group CEO, ARA Group, is of the view that the firm should look at another 1-2 years before revisiting the question of listing.


ARA readies $1b infrastructure fund, targets final close by 2019-end

It is also planning RMB equity funds and currency debt funds to invest in China’s real estate sector.


Asia’s appetite for stable income assets is growing, says SC Capital’s Chee

Singapore-based investment management firm SC Capital Partners aims to hit the final close of its $1-billion fifth vehicle Real Estate Capital Asia Partners-V by this year-end.


Warburg-backed ESR raising new vehicles for Japan, Australia; plans India development fund

It is learnt to be on the road for its $500 million core-plus vehicle for Japan, and is targeting to close the fund this calendar year.


SE Asia unlikely to see a large number of mid-market firms, says Perlman of Warburg Pincus

Southeast Asia may not see domestic investors participate in the middle rounds – Series B and C rounds of financing – on the scale that China or India has witnessed, and local PE firms may also be unable to plug this gap, Perlman said.