The International Finance Corporation (IFC) is considering an investment of $15 million in Hong Kong-based Arbor Ventures’ second VC fund, which has an initial target of $220 million.
The Asia-focused VC firm launched its debut fund in 2014 and raised $125 million, including $10 million from IFC. The development finance institution (DFI) said in a disclosure that Arbor has a track...
Beyond Ventures and Chinese internet giant Alibaba Group have led a $40 million funding round for Hong Kong-based genetic testing and wellness start-up Prenetics.
Abu Dhabi Investment Authority (ADIA), a sovereign wealth fund based in the United Arab Emirates, has committed $1 billion to the Indian government’s National Investment and Infrastructure Fund (NIIF).
Australian private equity firm ROC Partners has teamed up with the state government of New South Wales and pension fund First State Super to launch a A$150 million ($118 million) equity fund targeting small to medium-sized enterprises (SME).
IMM Private Equity has agreed to buy a majority stake in W Concept Korea, an own-brand online clothing retailer owned by ISE Commerce, a multi-strategy Korean e-commerce business.