AMC Entertainment, the US theatre chain controlled by China’s Dalian Wanda Group, will acquire Stockholm-based Nordic Cinema Group from PE firm Bridgepoint and Swidesh media group Bonnier Holding for SEK8.25 billion ($929 million).
GreenSync, an Australian company that has developed smart software for use in electricity grids, has raised A$11.5 million ($8.7 million) in Series B funding from Clean Energy Finance Corporation (CEFC) and Southern Cross Venture Partners.
CapitalG, the investment arm of Google parent company Alphabet, formerly known as Google Capital, has led a $15 million Series B round for Indian math learning start-up Cuemath.
Local Measure, an Australian analytics technology provider servicing the tourism industry, has raised $3.4 million for an expansion effort that will include opening new offices in Los Angeles and Dubai.
Taiwan-based Foxconn Technology Group has made a strategic investment in Mobike, a Chinese bike rental service start-up backed by several PE investors including Warburg Pincus.
Enechange, which manages an energy price comparison site aimed at Japanese customers, has raised JPY500 million ($4.4 million) from Opt Ventures and IMJ Investment Partners.
The Dietrich Foundation has an unusually large allocation to PE and VC, and to China venture capital in particular. CIO Edward J. Grefenstette discusses the considerations that underpin this exposure
China’s Ministry of Finance and the Cyberspace Administration of China (CAC) - the country's internet oversight agency - have launched an internet-related investment fund with a target of RMB100 billion ($15 billion).
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a $10 million investment in Indian logistics company Zinka Logistics Solutions.
New Zealand’s Pencarrow Private Equity has sold 100% of domestic tea and coffee company BrewGroup to Jacobs Douwe Egberts (JDE), a Netherlands-based beverages group active in more than 100 countries.
China Merchants Capital and Grand Fight Investment have co-led a $100 million Series C round of funding for Xueba, a Chinese education app that helps students understand homework exercises.
US-based VC investor OpenView has committed $25 million in Series A funding to Australian workforce management software developer Deputy.
Chinese online grocery retailer Miss Fresh has raised $100 million in a Series C round of funding jointly led by Lenovo Capital and Zheshang Venture Capital.
Apax Partners has completed its exit from Indian non-banking finance company (NBFC) Cholamandalam Investment & Finance.
Skadden has appointed Geoffrey Chan, formerly head of the Asia private investment funds practice at Ropes & Gray, as partner and head of its Asia Pacific investment management practice.
E-Shang Redwood (ESR), a pan-Asian logistics services company backed by Warburg Pincus, has moved into Southeast Asia with an agreement to buy 80% of Cambridge Industrial Trust (CIT), a Singapore real estate investment trust (REIT) with assets worth S$1.4...
Tokio Marine Capital has reached a second close of JPY41.7 billion ($363 million) on its latest Japan mid-market fund. The full target is JPY50 billion.
IDFC Alternatives, the alternative asset investment arm of India’s IDFC Group, plans to continue its strategy of building platforms with its fourth fund.
Saama Capital has closed its third India venture capital fund at $57 million, above the target of $50 million.
China VC-backed UrWork, a co-working space provider for start-ups, has raised a RMB400 million ($58 million) Series B round of funding at a post-money valuation of about $1 billion.
500 Startups has reached a final close of $15.4 million on its Thailand-focused early-stage fund. It had originally targeted $10 million.
With the pace of fundraising picking up in China's venture capital industry, offshore LPs face challenges keeping up with the latest developments
Valuations remain a key obstacle to securing secondary transactions in Asia, even as a generation of funds becomes a year older and still struggles to generate liquidity, but the market is also growing in complexity due to the nature of the assets on...
Chinese conglomerate Fosun International has entered a strategic partnership with Iron Pillar, an India-based VC firm focused on mid-stage technology companies, to make co-investments in India.