Baring Private Equity Asia is no newcomer to the education sector. The private equity firm’s portfolio currently includes four assets in the private tutoring space and it added a fifth last week following the purchase of a stake in Ambow Education Holding in conjunction with the company’s management.
Between November 9, 2011 and January 6, 2012, Campus Holdings, an acquisition vehicle set up by Baring and Ambow CEO and Chairwoman Jin Huang, acquired 11.4 million shares in Ambow for approximately $48.17...
Australian superannuation fund Hostplus has committed $50 million to a China-focused VC fund launched by Australian seed investor Artesian. The fund is targeting up to $200 million.
Yatra Online, an Indian travel services provider listed on NASDAQ, has raised INR1 billion ($15.4 million) in debt funding from InnoVen Capital.
Steven Okun, until recently KKR’s director of public affairs for Asia Pacific, has been appointed ASEAN representative for EMPEA, a global industry association for private capital in emerging markets.
East Ventures has launched a $30 million Southeast Asia fund that will make seed to Series A investments in technology start-ups, with an emphasis on Indonesia.