The AVCJ Private Equity & Venture Capital Awards are unique in how they are decided – relying on nominations and votes cast by the region’s private equity and venture capital community as well as by a select panel of industry judges.

The shortlists below are based on the recommendations of the industry judges. These judges will now pick their preferred winners, having a 50% say in the outcome. The remaining 50% is decided via open vote. Voting is not limited to AVCJ subscribers, but voters must register – providing name, firm and contact details – so as to avoid vote packing. No more than 10 votes will be accepted from employees of a single firm.

Three categories are not subject to a vote. The Responsible Investment Award and the Operational Value Add Award are presented at the discretion of the AVCJ Editorial Board with input from separate expert judging panels comprising industry professionals with experience in ESG and operations, respectively. The AVCJ Special Achievement Award is presented solely at the discretion of the AVCJ Editorial Board.

As a bonus, all registered voters will receive a complimentary virtual pass* to the 38th Annual AVCJ Forum. If you would prefer to attend in person, use the code "AVCJAWARDS" to enjoy a 15% discount on your ticket.

The Shortlists

Fundraising of the Year - Venture Capital

• A91 Partners Fund III (A91 Partners)
• Accel India VIII (Accel Partners)
• Airtree Ventures Fund V (Airtree Ventures)
• LAV Fund VII (Lilly Asia Ventures)
• TH Capital China Growth Fund I (T-Capital)

Fundraising of the Year - Mid Cap
(Fund size - below USD 2bn)

• Creador VI (Creador)
• Five V Frontier Fund I (Five V Capital)
• Genesis Capital Fund II (Genesis Capital)
• Glenwood Private Equity Fund No.3 (Glenwood Private Equity)
• Quadria Capital Fund III (Quadria Capital)

Fundraising of the Year - Large Cap
(Fund size - USD 2bn and above)

• Pacific Equity Partners Fund VII (Pacific Equity Partners)

Deal of the Year - Mid Cap
(Equity commitment – USD 50m-USD 199m)

• Aragen Life Sciences (Quadria Capital)
• Niwas Housing Finance (EQT)
• Stenders (L Catterton)
• TalkMed Group (Templewater)
• Theobroma Foods (ChrysCapital Partners)

Deal of the Year - Large Cap
(Equity commitment – USD 200m and above)

• Fuji Soft (KKR)
• Marshall (HSG)
• Nord Anglia Education (EQT)
• Sun Art Retail Group (DCP)
• York Holdings (Bain Capital)

Exit of the Year - IPO

• Hexaware Technologies (Carlyle)  
• Horizon Robotics (5Y Capital, Baillie Gifford, EQT, Hillhouse Investment, HSG, YF Capital)  
• Insta360 (China Merchants Capital, CITIC Securities Capital, FreesFund, IDG Capital, Langmafeng Ventures, Shenzhen Co-Stone Capital, Qiming Venture Partners, Zhuhai Huajin Capital)
• Kioxia Holdings (Bain Capital)  
• Vishal Mega Mart (Kedaara Capital, Partners Group)

Exit of the Year - Small Cap
(Equity commitment on entry – below USD 50m)

• Citykart (Investcorp)
• CLO Virtual Fashion (Atinum Investment)
• FICT (Advantage Partners)
• Micromine (Potentia Capital)
• Questas (Allegro Funds)

Exit of the Year - Mid Cap
(Equity commitment on entry – USD 50m-USD 199m)

• GeBBS Healthcare (ChrysCapital Partners)
• Poyun Group (CDIB Capital Group)
• Preed Life (VIG Partners)
• Samhwa (TPG Capital)
• Sun Valley (DCP)

Exit of the Year - Large Cap
(Equity commitment on entry – USD 200m and above)

• AGS Health (EQT)
• AirPower Technologies (PAG)
• Seiyu (KKR)
• VFS Global (Blackstone)
• Virgin Australia (Bain Capital)  

Deal of the Year - Secondary

• East Ventures
• GL Capital
• IDG Capital
• Multiples Alternate Asset Management
• Navis Capital Partners

Firm of the Year - Venture Capital

• A91 Partners
• Airtree Ventures
• Global Brain Corp
• Peak XV Partners
• Qiming Venture Partners

Firm of the Year - Mid Cap
(AUM - below USD 20bn)

• ChrysCapital Partners
• Creador
• Five V Capital
• Pacific Equity Partners
• Quadria Capital

Firm of the Year - Large Cap
(AUM - USD 20bn and above)

• Bain Capital
• Blackstone
• EQT
• KKR
• PAG

*P.S The in-person ticket to the AVCJ Forum does NOT grant access to the AVCJ Awards Presentation Dinner on 17 Nov, as it is exclusively by invitation only, and AVCJ's decision is final.