While other VC firms have seen significant jumps in fund size as they target the growth space, WI Harper's latest Asia-US vehicle will remain focused on early-stage deals with a cross-border angle
Bruno Bézard, previously the head of France's Treasury Department, will join Cathay Capital and help the Sino-French PE firm launch a new fund.
Minority shareholders of Chinese auto services company Autohome have filed a petition against a recent move by Telstra to sell the majority of its controlling stake to Ping An Insurance Group for $1.6 billion.
VC-backed companies in Asia led a worldwide surge of investments in financial technology companies in the first quarter of 2016, according to a new report from KPMG and CB Insights (CBI).
Healthcare specialist Vivo Capital has closed its latest Sino-US venture capital fund with around $100 million in commitments. The vehicle will focus on early-stage investments.
CITIC Capital Partners overcame strategic competition to buy a majority stake in Tri-Wall. After six years and significant financial and geographic expansion, it is exiting to a strategic player
Micro VC firms are a relatively new segment in China’s venture capital ecosystem, the product of angel investors going institutional. They focus on early stage deals, but as demand grows, will they stay there?
Two Chinese companies – Everbright Securities and entertainment specialist Beijing Baofeng Technology – have acquired a 65% stake in Italy-based sports media rights firm MP & Silva (MPS).
China Zhejiang Yinlun Machinery, a Shenzhen-listed manufacturer of heat exchangers, has acquired US-based counterpart Thermal Dynamics International (TDL) for $56.65 million, facilitating a full exit to US private equity backer Evergreen Pacific Partners.
Benlai.com, a Chinese B2C-focused online grocery supplier, has raised an extended Series C round of funding worth $17 million.
Australia’s politically charged beef industry has attracted a wave of new investment, much of it driven by overseas buyers. As this interest elevates valuations and emotions, PE firms must capture value with care
China’s largest express delivery services provider SF Express, which is backed by several PE investors, is looking to list in Shenzhen through a reverse merger that values the business at RMB43.3 billion ($6.6 billion).
Fujian Grand Chip Investment Fund (FGC), an investment vehicle controlled by Chinese entrepreneur Zhendong Liu, has offered to buy German semiconductor equipment maker Aixtron for EUR670 million ($751 million).
Chinese online game developer Giant Interactive Group, which was taken private by a consortium of PE investors in conjunction with the company’s CEO, has completed a backdoor listing in Shenzhen that values the business at RMB13.1 billion ($2 billion).
Vision Knight Capital has led a $1 billion ($153 million) Series C round of funding for Weidai, a Chinese peer-to-peer (P2P) lending platform that specializes on providing auto loans.
Chinese investors have underpinned an $88 million Series E round of funding for Kateeva, a US electronics developer that operates in China, Korea, Japan and Taiwan.
Ping An Good Doctor, a healthcare-focused mobile app controlled by Chinese Ping An Insurance Group, has raised $500 million in a Series A round of funding at a valuation of $3 billion.
SBCVC has committed $10 million to a $30 million seed round of funding for CloudMinds, a Chinese cloud-based robotics start-up.
ChinaEquity Group, a private equity firm listed on the National Equities Exchange and Quotations (NEEQ), has acquired a controlling interest in an A-share listed company in what could be an attempt to move to the larger exchange.
Mobvista, a Chinese mobile content distribution platform backed by several VC investors, has raised RMB522 million ($79.7 million) after listing on the National Equities Exchange and Quotation (NEEQ).
Hony Capital and China Investment Corporation (CIC) are among the cornerstone investors for a HK$8.7 billion ($1.1 billion) Hong Kong IPO for Bank of China’s aircraft leasing business, BOC Aviation.
Three senior executives – including Jun Wang, the managing partner and chairman – have left Fosun Kinzon Capital, the venture capital arm of China’s Fosun Group, to set up their own firm.
WI Harper Group has closed its eighth venture capital fund, which targets early-stage investments in Asia-focused companies, at $175 million.
Tantan, a Chinese version of US-based dating app Tinder, has completed a $32 million Series C round led by DST Global, Vision Plus Capital and LB Investment.