Private equity deals, stake sale plans and fundraising milestones dominated the top headlines during the month.
In our most-read analytical piece from February, we looked at Southeast Asia’s private education sector, which has been witnessing robust M&A activity in recent months, driven by private equity-led transactions.
We also put together an article based on the earnings calls of global private equity giants like EQT, Blackstone, KKR, and TPG. These firms are currently attempting to raise Asia flagship funds, larger than their predecessors, which signals strong confidence in the region’s long-term growth prospects.
CVC’s talks to invest in retail giant MAP Group, skincare brand Somethinc’s strategic sale plans, and CVC’s divestment from Samator Indo Gas were the top news scoops from Indonesia.
In LP-GP updates, we tracked fundraising plans from KV Capital Asia, Tanglin Venture, and GEF Capital.
From Greater China, we featured an interview with Michael Liu, Managing Director on the Asian Investment team at Future Standard, while our top story from India was about a continuation vehicle plan from Morgan Stanley’s private equity division in Asia.
Here are some of the deeply reported top stories that our readers and subscribers loved in February 2026:
Southeast Asia
Private equity interest in SE Asia’s education market holds firm
The education sector has been witnessing robust M&A activity in recent months, driven by an expanding deal pipeline supported by sectoral tailwinds and predictable cash flows.
Asia braces for deal frenzy as PE giants build record war chests
The influx of aggregate capital is expected to accelerate the trend toward mega-deals across technology, healthcare, and consumer services.
CVC in early talks to invest in Indonesian retail conglomerate MAP Group
The relationship between CVC and MAP Group goes as far back as 2015, when the PE firm bought a significant minority stake in the latter’s sports and active-lifestyle unit.
Vietnamese healthcare firms back in fundraising mode as investor momentum builds
Companies in the market to raise funds include GIC-backed Nhi Dong 315; Gene Solutions; and Buymed, which might be seeking around $40-50 million.
Indonesia’s Somethinc weighs strategic sale as Peak XV, Prosus reassess bets
The company raised a $10-million Series B round in September 2022, backed by Peak XV and Prosus Ventures. That round remains its only publicly disclosed institutional financing.
CVC said to explore stake sale in Indonesian industrial gas firm
The monetisation attempt comes relatively early, with CVC having acquired a significant minority stake in Samator through its Asia V fund only in 2023.
IFC mulls $35m investment in KV Asia Capital’s latest PE fund
The private equity firm is targeting $280 million for the fund, KV Asia Capital Fund III. The firm has reportedly garnered over half of the final target.
Chinese parent said to have topped up investment in Indonesian ice cream brand Aice
The fresh backing underscores the strategic importance of Southeast Asia for the Chinese dairy major as it looks to strengthen its regional footprint despite a more cautious investment climate.
Vietnam data centres draw private capital, but structural bottlenecks remain
Most recently, G42, the Abu Dhabi-based technology holding group; and a consortium comprising Vietnam’s FPT Corporation and Viet Thai Group formed a $1-billion partnership.
Singapore’s Tanglin Venture secures capital for $200m third fund
The firm was expected to close its second fund in 2022 at around $130 million, exceeding its initial target of $100 million, DealStreetAsia reported previously.
Greater China
China PE faces a pivotal year as managers edge back to market: Future Standard
Fundraising is expected to be gradual, but the next 12–18 months should offer clearer signals on which managers can return meaningfully—a key marker for Asia’s broader recovery.
China Deal Review: Startups kick off 2026 with robust 26.6% MoM rise in funding
The strong start to 2026 signalled strong investor appetite for policy-aligned industries, including software, AI, semiconductor, pharma, and medical devices.
India
Morgan Stanley Asia PE plans continuation fund to pave way for next raise
The bank’s PE unit is pitching investors to raise around $500 million for a multi-asset CV expected to hold its stakes in companies, including Indian healthcare firms.
IFC mulls commitment to GEF Capital’s South Asia Growth Fund IV
GEF Capital Partners manages multiple South Asia growth vehicles focused on climate and resource efficiency opportunities in India and the region.
