IFM Investors, an investment manager owned by 28 Australian superannuation funds, has opened an office in Seoul to pursue transactions in South Korea.
This is IFM’s eighth office globally and its third in the Asia-Pacific region, joining branches in Tokyo and Hong Kong. IFM hopes to build a closer relationship with Korean institutional investors, particularly...
Baidu Capital, a VC firm backed by Chinese search engine Baidu, has led a round of funding for WM Motor Technology, a Chinese electric vehicle manufacturer.
NSI Ventures has reached a first close of approximately $60 million on its second Southeast Asia venture capital fund and also participated in a $5 million Series A round for Singapore-based digital healthcare company Biofourmis.
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a commitment of up to $20 million in the third India-focused vehicle of Lighthouse Funds.
GenBridge Capital, a private equity firm set up by former executives from Chinese online retailer JD.com and TPG Capital, has closed its debut consumer-focused fund at the hard cap of $500 million.