Finstar Financial Group, a Russia-based private equity firm focused on financial technology, will invest $50 million in an existing portfolio company as part of a Southeast Asian mobile consumer lending agenda.
The capital will support operations by Digital Finance International (DFI), which provides unsecured financing to customers in emerging markets. It represents the first commitment in a five-year $150 million...
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.