Chinese private equity firm NDE Capital has confirmed a third close for its second fund with $357 million in commitments, surpassing a $350 million hard cap. It has raised the targeted corpus to $450 million.
Backers include sovereign wealth funds, university endowments, and foundations across Asia, the Middle East, North America and Europe. The fund was established in 2015 with $107 million in initial commitments,...
Baird Capital has acquired a minority stake in Nirvana Asia, a funeral services business that was privatized by CVC Capital Partners in 2016 in conjunction with the company’s founder.
Chinese PE firm Yunfeng Capital and Hong Kong-listed medical device manufacturer MicroPort Scientific Corporation will acquire US-listed LivaNova's cardiac rhythm management (CRM) business for $190 million in cash.
Emerging markets private capital fundraising – led by emerging Asia – reached its highest point since the before the global financial crisis in 2017, according to EMPEA, with capital dispersed more evenly across different strategies than ever before.
KKday, a Taiwan-based start-up that helps tourists find local activities, has secured $10.5 million Series B round of funding led by Japanese travel agent HIS, with participation from existing backer MindWorks Ventures.