Pantheon has elevated Hong Kong-based Brian Lim from portfolio director to partner. It is one of four promotions across four offices by the global fund-of-funds manager.
Lim chairs Pantheon's emerging markets investment committee for the region and also sits on the firm's Asian investment committee, selecting and monitoring GPs. He works alongside Chris Meads, Vincent...
Meituan-Dianping, the China-based online-to-offline (O2O) services platform created through the merger of two rival groups, has agreed to acquire Qiandaibao, a VC-backed point-of-sales (POS) mobile payment start-up.
Tokyo-listed kimono retailer Sagami, which is already subject to a tender offer launched by Aspirant Group, has received a competing bid from New Horizon Capital.
China has launched a RMB350 billion ($52.5 billion) private equity fund to restructure state-owned enterprises (SOEs) as part of efforts to improve operational efficiency and encourage industry consolidation.
Chinese private equity firm Orient Hontai Capital has agreed to acquire a controlling stake in US-based mobile marketing platform provider AppLovin in a transaction valued at $1.4 billion.