CDH Investments has led a RMB300 million ($44 million) Series B round for Yimidida, a Shanghai-based logistics services platform that focuses on rural areas.
Singapore-listed Global Logistic Properties (GLP) – which accepted a $11.5 billion PE-backed buyout offer on Monday – and several VC investors including Source Code Capital, K2VC, and Tuofeng Investment...
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.