Vertex Ventures, the VC arm of Singapore’s Temasek Holdings, has closed its latest Southeast Asia and India fund at $210 million, exceeding the $150 million target.
The fund close was first reported by Bloomberg and has since been confirmed by AVCJ. The firm held a first close on Vertex Ventures SEA III in November of last year. It claims demand was strong enough...
Team turnover remains a key concern for LPs making commitments to Chinese private equity firms, but even the most stable of GPs must demonstrate an ability to evolve in response to a fast-changing environment, investors caution.
Redpoint China Ventures has closed its debut renminbi-denominated VC fund at RMB700 million ($110 million).
India’s National Investment & Infrastructure Fund has acquired a controlling stake in PE-backed logistics player Continental Warehousing Corporation (CWCNSL) in a joint deal with Dubai-based port operator DP World.
HarbourVest Partners has closed its latest fund-of-funds targeting European and Asian markets with $1.7 billion in commitments.