Asian Venture Capital Journal (AVCJ)
GenBridge Capital, a private equity firm set up by former executives from Chinese online retailer JD.com and TPG Capital, has closed its debut consumer-focused fund at the hard cap of $500 million.
Baidu Capital, a VC firm backed by Chinese search engine Baidu, has led a round of funding for WM Motor Technology, a Chinese electric vehicle manufacturer.
NSI Ventures has reached a first close of approximately $60 million on its second Southeast Asia venture capital fund and also participated in a $5 million Series A round for Singapore-based digital healthcare company Biofourmis.
After several years of uncertainty, secondaries investments have returned to growth again, particularly in Asia. Strong pricing and healthy deal flow on the primary side could help maintain this upward trajectory
Joseph Skrzynski of CHAMP Private Equity, Peter Wiggs of Archer Capital, Tim Sims of Pacific Equity Partners, and Richard Folsom of Advantage Partners on the development of buyouts in Australia and Japan
Georg Wunderlin, CEO of HQ Capital, and David Pierce (pictured), the firm’s Asia head, discuss investor appetite for private equity, the popularity of separately managed accounts, and consolidation within the industry
SparkLabs Global has hired Sameer Chishty, founder and chairman of Hong Kong-based merchant bank Streeton Partners, as a venture partner for its new financial technology accelerator in the territory.
Wai Hoong Fock, who leads General Atlantic’s Southeast Asia business, has been promoted to managing director.