The investment arm of Hubert Burda Media, a European technology and media company that has made LP commitments to several Southeast Asia-focused venture capital funds, has opened an office in Singapore.
BurdaPrincipal Investments has also recruited Albert Shyy (pictured), previously head of the Southeast Asia and India team at Gree Ventures, to head up the new office. There will be a particular focus...
Expedia has paid $350 million for an unspecified minority stake in Traveloka, an Indonesian online travel services company backed by a number of venture capital firms.
The Willis Towers Watson global alternatives survey offers view surprises in terms of where investors are putting their capital, but there are some interesting developments in which investors are providing it
Advent International has invested an undisclosed amount in Indian innerwear maker Dixcy Textiles.
PAG Asia Capital is raising a $500 million China growth fund, which will enable the firm to target middle-market deals that fall below the minimum check size for its pan-Asian vehicle.