China National Offshore Oil Corp. (CNOOC) has formed a strategic partnership with Kerogen Capital, which is raising a $1.5 billion private equity fund that will target energy investments in Asia.
CNOOC and Kuwait Investment Authority (KIA) are cornerstone investors in the fund, with the Chinese firm having committed more than half of the $875 million raised so far, Dow Jones LBO Wire reported,...
UK-based private equity investor Dolma Impact Fund has committed $3.2 million to Swet Ganga Hydropower & Construction, a hydroelectric power provider in Nepal.
Nayuta, a Japanese start-up focused on combining internet-of-things (IoT) and blockchain technologies, has received a JPY140 million ($1.3 million) funding round led by Jafco.
InnoSpring and Alibaba Group have jointly launched an accelerator program in China with a view to helping international start-ups access Chinese markets and ecosystems.
Magmode, a China-based men’s fashion start-up, has raised $15 million in the second tranche of a Series B round led by Cathay Capital Private Equity. Existing investor Sinovation Ventures also participated.