Placement agent and secondaries advisory firm Sixpoint Partners has appointed Joan Tan, formerly of Diamond Dragon Advisors, as managing director and head of Asian distribution.
Based in the firm's new Hong Kong office, she will have responsibility for the placement of fund interests with Asian institutional investors and originating outstanding private equity funds for the Sixpoint...
The Everstone Group has bought a majority stake in Indian pharmaceutical developer Rubicon Research for INR2.2 billion ($32.9 million), providing an exit for Kotak Private Equity.
US-based retailer Walmart has made a $50 million strategic investment in New Dada, a Chinese online grocery and delivery platform part-owned by JD.com.
Asia Pacific Medical Group (APMG), a medical platform owned by Bain Capital, has agreed to sell Singapore and Malaysia-based plastic surgery brand The Sloane Clinic to China Medical (International) Group (CMIG).
Neobear, a China-based company that develops interactive learning tools for children, has raised a RMB250 million ($37 million) Series B round of funding led by Chinese GP New Horizon Capital.