Singapore-headquartered mobile internet and gaming platform Sea aims to raise up to $800 million in its upcoming IPO on the New York Stock Exchange.
According to a filing, Sea will offer 49.7 million Class A shares, which could rise to 57.4 million shares if the overallotment option is exercised in full. Pricing has been set at $12-14. Current backers,...
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.