AVCJ Private Equity & Venture Capital Awards 2024

Fundraising of the Year - Venture Capital

This Award pays tribute to the fundraising exercise of a venture capital vehicle in Asia, with an emphasis on speed, skill, and innovation in the fundraising process, thoughtful curation of the LP base, and effective stakeholder engagement.

Fundraising of the Year - Mid Cap

This Award pays tribute to the fundraising exercise of a mid-cap private equity vehicle in Asia below USD 2bn in size, with an emphasis on speed, skill, and innovation in the fundraising process, thoughtful curation of the LP base, and effective stakeholder engagement.

Fundraising of the Year - Large Cap

This Award pays tribute to the fundraising exercise of a large-cap private equity vehicle in Asia of at least USD 2bn in size, with an emphasis on speed, skill, and innovation in the fundraising process, thoughtful curation of the LP base, and effective stakeholder engagement.

Deal of the Year - Mid Cap 

This Award recognises a growth capital or buyout investment in an Asia-based business, with an equity commitment below USD 200m. There is an emphasis on innovative sourcing, due diligence, stakeholder engagement, structuring, and planning for post-investment value creation.

Deal of the Year - Large Cap 

This Award recognises a growth capital or buyout investment in an Asia-based business, with an equity commitment USD 200m and above. There is an emphasis on innovative sourcing, due diligence, stakeholder engagement, structuring, and planning for post-investment value creation.

Exit of the Year - IPO 

This Award recognises a liquidity event via IPO of an Asia-based portfolio company that has resulted in substantial actual or paper returns to investors. There is an emphasis on steps taken during the holding period to position the company for an IPO as well as on the listing process itself. 

Exit of the Year - Small Cap

This Award recognises the successful exit of an Asia-based portfolio company that has resulted in substantial returns to investors, with an equity commitment on entry below USD 50m. There is an emphasis on steps taken during the holding period to position the company for exit as well as on the sale process itself. 

Exit of the Year - Mid Cap

This Award recognises the successful exit of an Asia-based portfolio company that has resulted in substantial returns to investors, with an equity commitment on entry of USD 50m to USD 199m. There is an emphasis on steps taken during the holding period to position the company for exit as well as on the sale process itself. 

Exit of the Year - Large Cap

This Award recognises the successful exit of an Asia-based portfolio company that has resulted in substantial returns to investors, with an equity commitment on entry of USD 200m and above. There is an emphasis on steps taken during the holding period to position the company for exit as well as on the sale process itself.

Deal of the Year - Secondary

This Award recognises a GP-led secondary transaction involving an Asia-based manager or an Asia-based portfolio company. There is an emphasis on complexity, structural innovation, steps taken to ensure alignment of interest between stakeholders, returns generated for exiting investors, and management of the transaction process. 

Responsible Investment Award

This Award recognizes outstanding environment, social, and governance (ESG) practices in an Asia-based business. There is an emphasis on how an ESG policy has been implemented at the portfolio company level throughout the investment process, including how progress has been measured and reported.
 
The Responsible Investment Award is given at the discretion of the AVCJ Editorial Board based on the recommendations of an expert judging panel.

Operational Value Add Award 

This Award recognizes private equity-driven value creation in an Asia-based business, with an emphasis on efforts to drive growth in top-line revenue and EBITDA, business expansion in terms of market share, product range and geography, and improvements in efficiency and governance.
 
The Operational Value Add Award is given at the discretion of the AVCJ Editorial Board based on the recommendations of an expert judging panel.

Firm of the Year – Venture

This Award honours the year's outstanding private equity firm engaged in venture capital investment in Asia. There is no lower or upper threshold in terms of assets under management.

Firm of the Year – Mid Cap

This Award honours the year's outstanding private equity firm engaged in buyout or growth capital investment in Asia, with total US dollar-denominated assets under management of up to USD 10bn.

Firm of the Year – Large Cap

This Award honours the year's outstanding private equity firm engaged in buyout or growth capital investment in Asia, with total US dollar-denominated assets under management of more than USD 10bn.

AVCJ Special Achievement Award 

This Special Award recognizes an Asia-focused investor who has distinguished themselves over a long period of time in facilitating the growth of the private equity and venture capital industry. Candidates should be able to produce evidence of outstanding achievement in the GP, LP, or advisory worlds, of supporting the industry's development and maturation, of observing high professional standards of integrity, and of acting as a spokesperson and public representative of the industry.
 
The AVCJ Special Achievement Award is given at the discretion of the AVCJ Editorial Board, although suggestions from the private equity and venture capital community.