Fosun Group and the Zhejiang provincial government will launch a RMB10 billion ($1.6 billion) renminbi-denominated fund-of-funds (FoF), with a view to restructuring and transforming different industries.
Greater China | 25 Sep 2015 |
Chinese fruit store chain Pogola has completed a RMB400 million ($63 million) Series A round of funding, with consumer-focused GP Tiantu Capital contributing RMB350 million.
Greater China | 24 Sep 2015 |
Hony Capital is looking to raise $2 billion for its latest Greater China-focused fund. A first close of $1 billion is expected in mid-October.
Greater China | 22 Sep 2015 |
Gobi Partners has formed a RMB600 million ($94.1 million) fund that will focus on seed, pre-Series A and Series A investments in early-stage Chinese companies.
Fundraising | 11 Sep 2015 |
Hong Kong-listed Shanghai La Chapelle Fashion, a ladies' apparel maker backed by a string of PE investors, has partnered with Legend Capital to set up a PE fund worth RMB153 million ($24 million).
Greater China | 19 Aug 2015 |
Chinese venture capital firm Banyan Capital has raised RMB560 million ($89 million) for its second renminbi-denominated fund.
Greater China | 12 Aug 2015 |
CDH Investments is looking to raise $600 million for a China mid-market fund, with half of the corpus in US dollars and the other half in renminbi.
Fundraising | 11 Aug 2015 |
CASH Capital, the venture capital arm of the state-owned Chinese Academy of Sciences Holdings (CASH Holdings), is seeking to raise RMB1.2 billion ($193 million) for its second renminbi-denominated venture fund.
Greater China | 10 Aug 2015 |
The Carlyle Group has invested RMB530 million ($85 million) in Beijing Ubox Technology & Trade, a vending machine operator in China.
Greater China | 30 Jul 2015 |
Roger Hu, a director at Matrix Partners China, has teamed up with Yi Zheng, formerly vice president at Chinese dating app Momo, to launch a renminbi-denominated early-stage fund.
Greater China | 25 Jun 2015 |
Plenty of Chinese high net worth individuals want to sell LP interests in renminbi funds. Local and foreign secondaries managers would like to take advantage, but they are held back by an immature market
Secondaries | 24 Jun 2015
Meinian Onehealth Healthcare Group, the largest private provider of preventive healthcare check-up services in China and a portfolio company of The Carlyle Group among others, plans to list in Shenzhen through a reverse merger with Jiangsu Sanyou Group.
Greater China | 30 Mar 2015 |
Chinese consumer-focused GP Tiantu Capital has invested RMB200 million ($32 million) in a Series A round of funding for Kaizhuo, a mobile app can be used to make restaurant bookings and payments.
Greater China | 20 Mar 2015 |
China-focused private equity firm JD Capital has partnered with Beijing Water Business Doctor to launch a RMB2 billion ($320 million) environment fund.
Greater China | 05 Mar 2015 |
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The Australasian alternative assets industry is evolving and this is creating a new set of challenges for participants. Funds seeking new commitments typically require the lion share to be from offshore, the deal environment is competitive and in general market activity has slowed reflecting the regions overall macro-economic story. However, a handful of funds have had successful fundraises and it is clear that the GPs that measure up when benchmarked on a global stage will continue to drive the domestic industry forward.
This is an intriguing time as Australasian PE matures. Succession planning strategies, sourcing offshore commitments, creating a team that can deliver real operational value, customising the PE model and finding attractive investment and exit opportunities in a slow market are all key topics for debate.
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9-10 March 2016, China World Summit Wing, Beijing