KPMG is a global network of professional services firms providing Audit, Tax and Advisory services. In Southeast Asia, our dedicated Private Equity (PE) group comprises leading transaction advisory, deal origination, portfolio value creation and mergers and acquisitions (M&A) Tax professionals. We work together as one team on deals for private equity funds and major direct investors.
We firmly believe in accompanying portfolio companies through the investment lifecycle. As such, our value creation professionals work closely with the management of companies to embed best practices, improve operating and financial performance and build value prior to exit. We also help organizations prepare for IPO and manage the sales process to enhance value on exit.
The team is integrated across Singapore, Indonesia, the Philippines, Malaysia, Thailand, Vietnam and Cambodia, with KPMG in Singapore serving as the ASEAN hub. With a global network of over 189,000 people, we combine industry insights with on-the-ground experience and technical know-how to help companies respond to the changing business environment.
Founded in 1972, Adams Street Partners is a global private markets investment manager, operating in more than thirty countries across five continents. Adams Street prides itself on the depth and breadth of its global investment capabilities, and its long-standing reputation as an innovator within the private markets space. Adams Street is consistently recognized for its steadfast commitment to providing clients with high quality investment opportunities, and its deep understanding of the broader private markets industry.
With 170+ staff in ten offices located in Beijing, Boston, Chicago, London, Menlo Park, Munich, New York, Seoul, Singapore, and Tokyo, Adams Street’s deep industry experience and global outlook provides clients with customized access to the spectrum of private markets strategies. Adams Street is 100% employee-owned and independent, and manages over $32 billion in assets for more than 370 institutional investors, including corporate and public pensions, foundations, family offices and endowments.
Advantage Partners is a leading provider of services to private equity and similar funds focused on the Japanese and Asian markets. Advantage Partners was founded in 1992 by Taisuke Sasanuma and Richard Folsom and has been providing services to funds since 1997, when the firm established the first buyout fund in Japan. Funds served by Advantage Partners have invested in more than 55 companies representing total invested capital of over JPY350 billion across a wide range of industries and sectors. Advantage Partners has offices in Tokyo and in Hong Kong.
BDA Partnersis an investment banking firm that advises on international mergers and acquisitions, distressed situations, private placements, capital raisings, valuations and financial restructurings. We specialize in cross-border transactions involving Asia with enterprise values up to US$1bn, where we have a strong track record advising North American, European, and Asian corporates and financial sponsors. We have over 80 professional staff throughout 10 offices located in Asia, the US, and Europe.
CarVal Investors is a leading global alternative investment manager focused on distressed and credit-intensive assets and market inefficiencies. Since 1987, CarVal’s experienced team has navigated through ever-changing credit market cycles, opportunistically investing $103 billion in 5,300 transactions across 79 countries. Today, CarVal Investors has over $10 billion in assets under management in both credit and real estate strategies.
EV Growth is a venture capital firm that aims at Southeast Asia pioneering companies, especially Indonesia, to provide growth-stage capital injections, particularly in the Series B and above.
The fund is sponsored by 3 key strategic firms that bring together different backgrounds, capabilities, and strengths:
•East Ventures is the leading early-stage venture capital firm in SE Asia.
•SMDV is the VC arm of Sinar Mas group, a major corporation with deep resources and network in Indonesia and SE Asia.
•YJ Capital is CVC of Yahoo Japan, a leading publicly traded internet property in Japan.
EV Growth has been actively operating since the end of March 2018 and is currently targeting a US$ 150 million fundraising, at which US$ 100 million has been committed by the three venture capital firms. EV Growth expects to invest in startups with initial investment value starting from US$ 5 million.
ICG is a specialist asset manager with over 28 years' history.
We manage €23.8bn of assets in third party funds and proprietary capital, principally in closed end funds. Our goal is to generate income and consistently high returns whilst protecting against investment downside for our fund investors. We seek to achieve this through our expertise in investing across the capital structure. We combine flexible capital solutions, local access and insight with an entrepreneurial approach to give us a competitive edge in our markets. We operate across four asset classes – corporate, capital market, real asset and secondary investments. In addition to growing existing strategies, we are committed to innovation and pioneering new strategies across these asset classes where the market opportunity exists to deliver value to our fund investors and increase shareholder value.
We are listed on the London Stock Exchange (ticker symbol: ICP) and provide investment management and advisory services in support of our strategy and goal through a number of regulated subsidiaries.
Navis Capital Partners was founded in 1998 in order to make private equity investments in buyouts, recapitalisations and financial restructurings in Asia, particularly on enterprises with a strong presence in Southeast Asia.
Navis acquires control of its portfolio companies. Since its founding, Navis has made over 70 controlling investments most of which have been completed with little reliance on acquisition finance. All Navis' companies are leaders or near leaders in their fields. Industries/segments in which Navis has invested include food processing, fast food/casual dining, industrial products, fast moving consumer goods, outdoor advertising, auto rentals, consultancy and professional services, amongst others.
The firm contributes both capital and management expertise to its portfolio companies with the objective of directing strategic, operational and financial improvements, typically through initiatives that drive growth, margin improvement and asset efficiency. Navis' investment model places a low reliance on leverage to drive its equity returns.
The firm manages several private and public equity capital commitments totaling ~USD 5 billion, and whose investors include a number of well-known US, European, Middle Eastern and Asian commercial and investment banks, pension funds, insurance companies, corporations, foundations, as well as a number of high net worth individuals and family offices. Navis has one of the largest private equity professional team in Asia, comprising more than 60 individuals, supported by over 30 administrative staff, in seven offices across the region.
Openspace Ventures focuses on Series A and B investments in technology companies based in Southeast Asia. Key areas of investment for Openspace Ventures include fintech, healthtech, edutech, consumer applications and cloud-based solutions. Openspace Ventures is currently investing its second fund and has more than US$150 million in total assets under management. Openspace has invested in 19 companies, including Go-Jek, CXA, FinAccel, Topica, HaloDoc, Pathao and Love, Bonito.
PEP Funds take control positions in a select group of Australian and New Zealand companies with enterprise values in the range A$200M-A$1B. Operating company management are provided with capital and resources as necessary to deliver full potential.
Established in 1998, the firm has made 28 operating company investments and over 100 bolts-ons and joint venture acquisitions at the company level. PEP Funds have had ~A$8.4B of equity under management over time, and are currently investing PEP Fund V which is A$2.1B. Recent investments have spanned industrial, energy, food, consumer products, entertainment/media, pharmaceuticals and the financial services industries, and employing over 50,000 people.
In terms of liquidity and returns PEP has been fortunate over the last 18 years to be among the best performers in the industry worldwide and recognised with a number of awards, including Firm of the Year, Best LBO Deal of the Year and Australian Private Equity Firm of the Year and has been included in the list of Top 20 Consistent Performers Globally by preqin.
SGG Group is a leading fund and investor services firm providing a comprehensive range of compliance, administration and asset services to alternative investment funds, international companies, HNW families and entrepreneurs.
From our early beginnings in the Private Clients space, we have evolved and grown, and this has shaped the way we do business. SGG is among the most flexible providers in the sector and our entrepreneurial spirit drives us to find the best solutions for our clients.
Asia remains an important destination for global capital. Hong Kong and Singapore have emerged as respected jurisdictions for fund management activities.
SGG has recently strengthened its operations in Asia through the acquisition of Cim Global Business Singapore and the opening of a representative office in India. With this, SGG has an office in each of the three primary jurisdictions driving growth in Asia.
ShawKwei & Partners is a private equity fund manager specializing in investments with mid-market advanced manufacturing, industrial, and service businesses operating across Asia. ShawKwei has offices in Hong Kong and Singapore, and was established in 1998. Our long experience and knowledge enables us to understand the unique challenges faced by Asian companies competing in today's global markets.
ShawKwei takes significant ownership stakes in our investments coupled with a disciplined and hands-on management of those investments. ShawKwei implements intensive business and financial restructurings to transform companies into businesses attractive to multinational buyers. Key initiatives typically include rationalizing and upgrading facilities, implementing stringent financial controls, and launching branding initiatives to enhance marketing to customers and better position the company for sale. The ShawKwei strategy, methods and practices are specially crafted for private equity investments in businesses operating in Asia. Together they form the partnership between ShawKwei and our portfolio companies.
Strait Capital Investment Group is an Asia-based private equity company that specializes in providing growth capital to companies in the consumer-related, healthcare services, and entertainment sectors in Asia. The firm was established in 2013 by three founding members who have worked together for over 15 years and served as investment professional in Asia since the 1990s. The team has a track record of generating top-tier returns over 60 transactions amounting to approximately US$1 billion in Asia. Strait Capital Investment Group manages approximately US$240 million and currently has eight investment professionals located in Taipei and Shanghai.
China Consumer Fund, Fund II, has US$190 million under management, 78% from institutional investors and 22% from family office, with geographical spread 45% from Japan and 55% from Taiwan. We are seeking investment opportunities equipped with significant minority interests, market leading position, sound management expertise, and interests and vision that aligned with the firm's strategy as well as potential of accelerated growth. The team has established a reputation to grow with its portfolio companies through value creation and it is steadfast in its approach.
Tata is India’s largest and most diversified industrial grouping. Founded in 1868, the group has a long history of creating and nurturing businesses. The Tata group is made up of over 100 independent operating companies of which 29 are publicly listed and which together have an aggregate market capitalization of ~USD 130 billion (as at 31 March 2017). During the financial year 2016-17, the total revenue of Tata companies, was ~USD 100 billion. Tata is one of India's most trusted and highly respected business houses and is India's best recognized brand. Tata Capital’s private equity franchise benefits from this privilege and builds on the group's "leadership with trust" credo in supporting its investee companies.
The Tata Opportunities Fund (TOF) is a ~USD 600 million private equity fund raised predominantly from leading global institutions and is primarily focused on investing in India. TOF has a differentiated strategy of investing into proprietary deal situations leveraging Tata’s wide network and resources. TOF’s current investments span high growth markets within consumer, industrial, infrastructure, services and technology. Each of TOF’s portfolio companies has strong governance and management; a focused business strategy; highly respected Indian/global partners; and is a market leader of scale. Through an experienced team of private equity professionals and operating partners, TOF leverages Tata’s strong track record of generating shareholder returns. A follow-on fund of similar scale and strategy has been launched.
Unison Capital, originally founded in 1998 by three founding members, operates mid-cap buyout funds in Japan and Korea. In Japan, Unison Capital is widely recognized as a pioneer in the industry and has the longest track record in its space. In 2014, Unison Capital expanded in Korea to apply its well-tested mid-cap strategy and harness its deep Japan network for value-add.
Since its inception, Unison has launched four Japan-focused funds and invested in 28 companies with 19 exits. Today, Unison manages JPY 70 billion (~$700 million) for Fund IV. In Korea, Unison Capital raised KRW 307 billion (~$280 million) for its debut fund and has four portfolio companies and one exit was completed in September 2017. To date, cumulative investment amounts are JPY 784 billion (~$7 billion) and KRW 320 billion (~$280 million) in enterprise value, respectively.
Unison’s Tokyo and Seoul office are comprised of 32 investment professionals, having diverse professional backgrounds in finance, strategy consulting and operations. Furthermore, Unison’s broader network extends to in-house management advisers, financial institutions, consulting firms, and other experts in two countries and beyond to drive the robust growth of our portfolio companies.
Cooley LLP is an international law firm representing clients in a wide range of industries from our offices in China, Europe and the United States. With 950 lawyers, Cooley has the range and expertise to serve clients of all sizes to seize opportunities in today's global marketplace.
Our dedication to China's fund industry is unparalleled and unrivaled by any other law firm. Cooley has been advising on China-related matters for more than 25 years, dating back to 1989, when the firm advised on the formation of the first institutional venture capital fund investing in China. Today, we are counsel to more than 450 private investment fund organizations worldwide, including more than 55 fund managers with their primary operations in China and numerous other managers outside of the PRC making investments in portfolio companies in China. We form considerably more dollar-denominated China venture capital and growth equity funds in dollar terms than any other law firm worldwide. We have advised on well over US$1 billion in venture financings across more than 250 financing transactions in the last few years. We have a team of more than 35 specialist fund formation lawyers and dozens of other practitioners dedicated to serving our clients headquartered and doing business in China. Multiple members of our team are Mandarin-speaking, Chinese native fund formation specialists who assist our China funds clients and their investors in both USD and RMB fund formation matters. We are expanding our Asia-Pacific presence with the launch of our Beijing office - the second in China, having opened in Shanghai seven years ago.
As a full service global law firm, we regularly assist our China fund clients and their portfolio companies with complex mergers, acquisitions and disposition transactions, a wide variety of private financing and capital markets transactions, public company disclosure issues, share distributions, local and cross-border intellectual property issues, licensing transactions, joint ventures, as well as supply and distribution arrangements, among other matters.
