Siguler Guff faced two particular challenges when raising its third BRIC opportunities fund: one foreseen and well prepared for; the other more out of leftfield.
The first was the departure of Patricia Dinneen, longstanding portfolio manager for the firm's investments in emerging markets. Dinneen had made no secret of her plans to leave and the handover to Ralph...
Chinese private equity-backed online content platform Toutiao has acquired Faceu, a camera app that has received funding from IDG Capital and Lightspeed China Partners.
Singapore will support local start-ups through a S$100 million ($76 million) intellectual property (IP) commercialization fund, with Temasek Holdings set to provide at least half the capital.
Indian education technology start-up IMAX Program has received a $13.5 million funding round from a group of venture investors including the Michael & Susan Dell Foundation (MSDF).
Taiwan Liposome, a venture capital-backed manufacturer of pain medication and treatments for eye conditions, has filed for a NASDAQ IPO.