Vistra Fund Services has launched an umbrella fund structure through which clients can establish segregated portfolio or sub-funds in Hong Kong, the Cayman Islands, the Netherlands and the UK. Known as the Privium Capital Fund, it offers a fast and cost efficient means of creating investment structures, which may be particularly attractive to first-time managers.
The Privium umbrella fund is based in the Cayman Islands, with Vistra providing administrative and related services from its Hong Kong, Luxembourg and Jersey offices. PricewaterhouseCoopers' Hong Kong,...
L Capital Asia – the private equity arm of luxury goods giant LVMH – has acquired a minority stake in Clio Cosmetics, a South Korea-based color cosmetics manufacturer, for an undisclosed sum.
EQT Partners has agreed to sell its 49% stake in Singapore’s Econ Healthcare to the company’s founder Chu-Poh Ong ahead of a regional expansion initiative.
China Growth Capital has led a $10 million Series B-plus round of funding for Austria-based media company Juzi Entertainment. It brings the Series B to $25 million overall.
China’s PGA Venture Partners has led a $4.5 million Series A round of funding for Hong Kong-based financial services software provider Quantifeed.