Private equity and venture capital have been omitted from China's revised Securities Investment Funds Law, which comes into effect in June. This means the asset class will remain largely unregulated.
Revisions to the legislation have been under discussion for years, especially since the launch of China's second board for start-up companies in 2009, which significantly increased local appetite for pre-IPO...
Beijing Shanhai Capital Management has led a consortium of investors to acquire US-based microchip manufacturer Analogix Semiconductor for more than $500 million.
Infinity Group, a China-Israel cross-border private equity firm, has partnered with Chinese IT services provider Neusoft Corporation to launch a $250 million medical technology fund.
Vertex Ventures, the VC arm of Singapore's Temasek Holdings, has led a $6 million Series A round for Indian customer experience management platform CloudCherry alongside Cisco Investments, the corporate VC arm of Cisco Systems.
Baring Private Equity Asia has agreed to buy Australia-listed risk management and standards compliance business SAI Global for an enterprise valuation of A$1.24 billion ($940 million).