New Zealand Venture Investment Fund (NZVIF), a venture capital fund-of-funds, will receive a NZ$60 million ($49 million) underwrite facility from the New Zealand government.
While this is not a new allocation of capital, it will provide the fund with additional capacity to commit to two to three new venture capital funds over the next few years. "The underwrite facility...
Insta360, a Shenzhen-based virtual reality (VR) camera maker backed by several VC investors, has received an undisclosed sum of funding from Chinese electronics retailer Suning Commerce Group.
Korea has delivered some of Asia's biggest private equity buyout opportunities, but the scarcity of these deals means processes are highly competitive and assets are richly priced
Jason Shin, managing partner at VIG Partners, explains why GPs are gravitating towards the consumer space in Korea, and why company founders are increasingly willing to do business with private equity
Indian conglomerate Piramal Enterprises has partnered with Bain Capital Credit to invest in distressed assets and restructuring situations in India.