US-based healthcare specialist investor OrbiMed once again raises the bar with the closing of its oversubscribed third Asia fund
US-based healthcare specialist OrbiMed started its Asian operations in 2007 and raised a $188 million regional fund the following year. A second vehicle of $325 million closed in 2014, with LP commitments...
China Renaissance Group has appointed Ke Wei, formerly a managing director at General Atlantic (GA), as a partner in its private equity investment platform, known as the New Economy Fund.
Bain Capital Private Equity and Goldman Sachs have agreed to sell their majority stake in Carver Korea, a specialist cosmetics supplier, to Unilever in a deal worth EUR2.27 billion ($2.7 billion).
Chinese ride-hailing app operator Didi Chuxing has invested $200 million in Renrenche, a local consumer-to-consumer used-car trading platform, which is backed by several VC investors.
Sea, the Singapore-headquartered mobile internet and gaming platform formerly known as Garena, has filed to list on the New York Stock Exchange.