Kevin Zhang, one of the two co-founders of Chinese middle market private equity firm Ascendent Capital Partners, is retiring from the firm. He is understood to be planning to establish his own family office.
Sources in the investment community became aware of Zhang’s impending departure towards the end of last year. He is expected to leave within the next few months, the sources said. Zhang (pictured)...
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.