CITIC Securities’ direct investment arm, Goldstone Investment, has gained approval from the China Securities Regulatory Commission (CSRC) to set up a private equity fund. It makes CITIC Securities the second brokerage to win approval to raise and manage third-party capital.
Institutional investors will be the targeted to participate as LPs in the fund, while Beijing Jinshi Shangde Equity Investment Management will act as general partner, the brokerage said in a statement...
Amicus Capital Partners, an India-focused PE firm founded last year by former executives from the Carlyle Group and India Value Fund Advisors (IVFA), has reached a first close of $90 million on its debut fund.
Rui Ma, Greater China partner at Silicon Valley-based investor 500 Startups, has left the firm and set up her own early-stage fund-of-funds to invest in US GPs.
Sydney Angels, a syndicate of high-net-worth individuals that invests in Australian start-ups, has launched its second fund with a view to raising up to A$20 million ($15 million).
Innovation Network Corporation of Japan (INCJ) has committed up to $45 million as part of a joint acquisition of UK-based freeze-dried food manufacturer Chaucer Food.