Sequoia Capital has hired Piyush Gupta, the former head of technology, media and telecom (TMT) investment banking at Deutsche Bank, as a managing director in its India unit.
Gupta will head the VC firm’s strategic development team, AVCJ has learned. The team aims to create opportunities for Sequoia’s portfolio companies including business collaboration with outside firms,...
Australia-based turnaround investor Allegro Funds has reached a final close on its third fund at the hard cap of A$290 million ($218 million) as well as raising A$92 million for a sidecar vehicle.
Cathay Capital Private Equity has launched a RMB1.5 billion ($227 million) China automobile sector fund with cornerstone investments from Yangtze River Industry Fund and French auto supplier Valeo.
Eight Roads Japan has led a JPY2.45 billion ($21.6 million) funding round Tokyo-based online media start-up Candee.
Baring Private Equity Asia has finalized an agreement to sell its majority stake in Korean construction materials business Halla Cement to Asia Cement.