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.
Australia’s AMP Capital has reached a final close of $2.4 billion on its second global infrastructure fund, exceeding the target of $2 billion.
Apax Partners has sold a 48% stake in GlobalLogic, an IT outsourcing company founded by several Indian entrepreneurs and which continues to have a sizeable presence in the country, to Canada Pension Plan Investment Board (CPPIB).
Michael Chu, global co-CEO at L Catterton, and Ravi Thakran, managing partner and chairman of L Catterton Asia, discuss the merger of Catterton and L Capital
Atlassian, an enterprise software company founded in Sydney and now listed on NASDAQ, has acquired Trello, a VC-backed US start-up that develops software intended to facilitate collaboration and teamwork.
Australia’s Future Fund has participated in a $45 million Series C round of funding for US-based data protection company Bitglass, joining existing investors such as Singapore’s Singtel Innov8.
Korean tech giant Samsung Electronics has launched a $150 million global venture capital fund via its US-based incubation and acceleration unit.
Early-stage investor SOS Ventures – known for accelerator programs such as China-based HAX and Chinaccelerator – has closed its third global VC fund at $150 million.
China-based Hillhouse Capital will invest $250 million in Magento Commerce, which provides transaction-processing software to e-commerce players, and help the company expand in Asia.
Controls on capital outflows imposed by Beijing and concerns about a more aggressive trade policy out of Washington mean Chinese investment in the US is unlikely to match 2016's highs, but this is not necessarily bad for Chinese PE investors
AEA Investors-owned ThreeSixty Group, a China and US-based business that designs, sources and distributes consumer products for US retailers, has acquired lifestyle brand The Sharper Image from Iconix Brand Group for $100 million.
Singapore’s GIC Private has teamed up with China’s Tencent Holdings and NavInfo – a digital maps and location services provider backed by Tencent – to acquire a 10% stake in Here, a US-headquartered open location company.