US venture capital firms Data Collective and Promus Ventures have joined a number of existing investors in a $75 million Series D funding round for US and New Zealand-based aerospace company Rocket Lab.
US-based early-stage investor 500 Startups has agreed to establish its Australian headquarters in Melbourne after receiving financial support from the state government of Victoria.
B Capital Group has hired former Eight Roads Ventures managing director Kabir Narang as an investment partner in Singapore.
US payment services company Euronet Worldwide has extended a buyout offer worth about $2 billion for NASDAQ-listed MoneyGram, contesting a bid made earlier this year by Alibaba Group’s PE-backed affiliate Ant Financial. The pending sale will provide...
The emergence of internet-connected manufacturing has created a new investment area that will impact adjacent sectors and even entire economies for decades to come. PE is among the early movers
US-based private equity firm Platinum Equity has agreed to buy the Australia and New Zealand businesses of business products supplier Staples.
Canada's Brookfield Asset Management has agreed to buy two energy platforms operated by US-based renewable energy producer SunEdison, including one with over half its total capacity in Asia.
Formation Group, a Silicon Valley and Asia-focused venture capital firm established by Brian Koo (pictured), co-founder of Formation 8, has closed its debut fund at $357 million.
US online lender and financial services company SoFi has secured a $500 million Series F funding round led by Silver Lake for an expansion effort into Australia.
Philip Bilden, the former Asia head of HarbourVest Partners, has withdrawn himself from consideration to be US navy secretary, citing potential conflicts with his family’s business interests.
K2 Global has raised $183 million for its debut venture fund, which aims to promote cross-border development in Asian and US technology start-ups.
Several Asian VC investors have joined a $60 million Series D round for US-based virtual reality (VR) and digital cinematography technology developer Lytro to support its expansion into Asia.
SoftBank Group has agreed to acquire Fortress Investment Group – which manages $36.7 billion in alternatives – for approximately $3.3 billion in cash. It puts the Japanese company on course to become one of the world’s largest asset managers.
Thomas H. Lee Partners (THL) will exit US-listed MoneyGram following an agreement to merge the money-transfer services provider with Ant Financial, a PE-backed online financial services affiliate of Alibaba Group, in a deal that values the business at...
Global secondary market volume reached $42.15 billion last year, failing to eclipse the consecutive record annual totals of $49.3 billion and $49.6 billion in 2014 and 2015, according to Setter Capital.
President Donald Trump has announced that Philip Bilden, who previously led the Asia operation of HarbourVest Partners, will be his nominee for US navy secretary.
Chinese captive private equity unit Innotech Capitals has secured its first acquisition in the US, picking up data aggregation platform Ad-Juster with a view to supporting its expansion in China
Horizons Ventures - an investment firm controlled by Hong Kong billionaire Li Ka-shing - has led a $23 million round for a Chinese business development effort by US-based automotive technology company Divergent 3D.
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.
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
US-based VC investor OpenView has committed $25 million in Series A funding to Australian workforce management software developer Deputy.
Bain Capital Private Equity has teamed up with Chinese supermarket chain Yonghui Superstores to buy Daymon Worldwide, a global retailer services company that specializes in areas such as branding, sourcing and marketing, for $413 million including debt.
Ilfryn Carstairs, co-CIO of Värde Partners, discusses distress and structured credit opportunities globally and in Asia
Beijing Shiji Information Technology, a big data services provider for hotels, has acquired a majority stake in US-based ReviewPro, a VC-backed company with a suite of complementary products.