1

Click here to load reader

Asian Venture Capital Exits - Preqindocs.preqin.com/newsletters/pe/Preqin-PESL-Feb-2015-Asian-VC-Exits.pdf · Asian venture capital exits quadrupled in aggregate value from 2013 to

Embed Size (px)

Citation preview

Page 1: Asian Venture Capital Exits - Preqindocs.preqin.com/newsletters/pe/Preqin-PESL-Feb-2015-Asian-VC-Exits.pdf · Asian venture capital exits quadrupled in aggregate value from 2013 to

Download Data

17 © 2015 Preqin Ltd. / www.preqin.com

Asian Venture Capital ExitsAsian venture capital exits quadrupled in aggregate value from 2013 to 2014, feeling the positive impact of the reopening of the Chinese IPO market. Emily Forbes takes a closer look at the statistics behind the evidently strong exit environment.

The Facts Asian Venture Capital Exits

Private Equity Spotlight / February 2015

0

5

10

15

20

25

30

35

40

0

20

40

60

80

100

120

140

160

2007 2008 2009 2010 2011 2012 2013 2014

IPO Write OffSale to GP Trade SaleAggregate Exit Value ($bn)

Fig. 1: Number and Aggregate Value of Venture Capital Exits in Asia by Type and Aggregate Exit Value, 2007 - 2014

No

. of

Exits

Source: Preqin Venture Deals Analyst

Ag

gre

ga

te Exit V

alu

e ($b

n)

0

20

40

60

80

100

120

140

160

2007 2008 2009 2010 2011 2012 2013 2014

Greater China South Asia Northeast Asia ASEAN

Fig. 2: Number of Venture Capital Exits in Asia by Region, 2007 - 2014

No

. of

Exits

Source: Preqin Venture Deals Analyst

98%90%

97% 97% 95%83% 86%

98%

2%

3%

3% 2% 4%

11% 6%

2%1%4% 5%7% 2% 3%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

2007 2008 2009 2010 2011 2012 2013 2014

Greater China South Asia Northeast Asia ASEAN

Fig. 3: Proportion of Aggregate Value of Venture Capital Exits in Asia by Region, 2007 - 2014

Pro

po

rtio

n o

f A

gg

reg

ate

Exi

t V

alu

e

Source: Preqin Venture Deals Analyst

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

2007 2008 2009 2010 2011 2012 2013 2014

Industrials Telecoms Other ITInternet Semic. & Electronics Clean TechnologySoftware & Related Consumer Disc. MaterialsBusiness Services Healthcare Other

Fig. 4: Proportion of Number of Venture Capital Exits in Asia by Industry, 2007 - 2014

Pro

po

rtio

n o

f N

o. o

f Ex

its

Source: Preqin Venture Deals Analyst

Fig. 5: Notable Venture Capital Exits in Asia in 2014

Firm Date of First Investment

Investor(s) (Entry)

Total Known Funding ($mn)

Exit Type Exit Date Acquiror (Exit) Exit Value

($mn) Industry Firm Location

Alibaba Group 27-Oct-99

Fidelity Growth Partners Asia,

Goldman Sachs3,806 IPO 18-Sep-14 - 25,000 Internet China

JD.com 21-Aug-07 Capital Today 2,388 IPO 21-May-14 - 1,780 Internet China

Montage Technology 26-Jun-06

AsiaVest Partners, Intel

Capital14 Trade

Sale 11-Jun-2014

Shanghai Pudong Science and Technology Investment

693 Semiconductors China

Source: Preqin Venture Deals Analyst

View the full edition of Spotlight at: https://www.preqin.com/docs/newsletters/pe/Preqin-Private-Equity-Spotlight-February-2015.pdf