The Philippines is likely to follow the lead of other Asian markets by more closely regulating blockchain-based financial transactions as the technology becomes more integral to the country’s economy.
It follows a spate regulatory enforcement tightening for cryptocurrency token sales – known as ICOs – across China, Singapore, and Korea. “There have been so many ICOs and speculative offerings,...
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.