SWF China Investment Corporation (CIC) has reportedly teamed with Hong Kong-listed investment firm OP Financial Investments to invest in Kazakhstan.
CIC and OP Financial are slated to make direct investments in Kazakh sectors such as production, processing, transportation and agricultural trade on a trial basis, coming from a $16.5 million fund. Of...
Morningside Venture Capital, a China-focused early-stage VC firm that used to manage only US dollar-denominated funds, has closed its first renminbi vehicle at RMB1 billion ($143 million).
TPG Capital has agreed to acquire a controlling position in Vietnam Australia International School (VAS), facilitating an exit for existing backers Mekong Capital and Denmark-based MAJ Invest.
Apax Partners has agreed to invest $388 million in Guotai Junan Securities as the largest cornerstone investor in the Chinese brokerage’s HK$16.5 billion ($2.1 billion) Hong Kong IPO.
Consumer-focused GP ClearVue Partners has led a RMB200 million ($30 million) Series B round of funding for I Believe, a Chinese convenience store operator.