Yichen Zhang, CEO of CITIC Capital, discusses fundraising, working on outbound deals, the appeal of China divestments by foreign companies, and leading a multi-strategy firm
Q: CITIC Capital hit the hard cap on the US dollar portion of its latest China fund after less than a year in the market. What does this say about LP demand for China private equity? A: It’s different...
Space Cycle, a boutique fitness studio chain operating in mainland China and Taiwan, has raised a RMB100 million ($15.6 million) Series B round of funding led by Alibaba Taiwan Entrepreneurs Fund.
Creador is targeting $500 million for its fourth Southeast Asia and India-focused fund. The private equity firm closed its previous vehicle at $415 million in late 2016.
SBI Investment, the VC arm of Japan’s SBI Holdings, has launched a JPY50 billion ($450 million) fund that will focus on artificial intelligence (AI) and blockchain technology.
Singapore’s Temasek Holdings has led a Series C round of undisclosed size for Rokid, a Chinese artificial intelligence (AI) developer focused on home automation devices.