L Capital Asia, the private equity unit of multinational luxury giant LVMH, has invested $200 million in Trendy International Group, a Chinese casual-wear company, contrary to an earlier report in the South China Morning Post that put the price at $2 billion.
L Capital Asia has purchased a 10% stake in Guangzhou-based Trendy, which directly owns hundreds of stores and franchises for its four brands, including its largest brand Ochirly, The Wall Street Journal,...
Abu Dhabi Investment Authority (ADIA), a sovereign wealth fund of the government of Abu Dhabi, has announced plans to open an office in Hong Kong.
Vincent Ip, a Hong Kong-based partner with Ropes & Gray’s private investment funds group, has been promoted to partner.
CDH Investments has made another partial exit from Chinese pork producer WH Group, selling an approximately 6.83% stake for HK$6.25 billion ($806 million).
The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed a $100 million investment in Actis Capital's latest emerging markets energy fund.