China Renaissance Group has appointed Ke Wei, formerly a managing director at General Atlantic (GA), as a partner in its private equity investment platform, known as the New Economy Fund.
Bain Capital Private Equity and Goldman Sachs have agreed to sell their majority stake in Carver Korea, a specialist cosmetics supplier, to Unilever in a deal worth EUR2.27 billion ($2.7 billion).
Chinese ride-hailing app operator Didi Chuxing has invested $200 million in Renrenche, a local consumer-to-consumer used-car trading platform, which is backed by several VC investors.
Sea, the Singapore-headquartered mobile internet and gaming platform formerly known as Garena, has filed to list on the New York Stock Exchange.
Canyon Bridge Capital Partners – a private equity firm backed by Chinese LPs that was recently blocked from buying US-based Lattice Semiconductor – has agreed to acquire Imagination Technologies, a chipmaker headquartered in the UK.
Bain Capital Private Equity-owned Rise Education, a China-based company that provides after-school English teaching and tutoring services, has filed to list on NASDAQ.
Ironbridge Capital has made a partial exit from Bravura Solutions, the Australia-based financial services administrator that raised A$148 million ($118 million) through a domestic IPO last November.
US-listed Chinese recruitment site 51Job has agreed to acquire a 60% stake in industry peer Beijing Lagou Network Technology, which is backed by Qiming Venture Partners and other VC investors, for $119 million.
Indian hotel chain Lemon Tree Hotels has filed for an IPO that will provide a partial exit for Warburg Pincus.
Chinese biopharmaceuticals developer XW Laboratories has raised a $17.5 million Series B funding round led by WI Harper and Elements Capital.
Australian superannuation fund Hostplus has committed $50 million to a China-focused VC fund launched by Australian seed investor Artesian. The fund is targeting up to $200 million.
Yatra Online, an Indian travel services provider listed on NASDAQ, has raised INR1 billion ($15.4 million) in debt funding from InnoVen Capital.
East Ventures has launched a $30 million Southeast Asia fund that will make seed to Series A investments in technology start-ups, with an emphasis on Indonesia.
Hong Kong financial technology company TNG has secured a $115 million Series A to push its electronic payment solution
Planned partial exits for investors in Best Inc. were shelved as the Alibaba Group-backed Chinese logistics operator raised a lower-than-expected $450 million in its US IPO. The stock increased 5% on debut.
Tower Capital Asia is supporting a take-private bid for Poh Tiong Choon Logistics that values the Singapore-listed company at approximately S$275 million ($204 million).
Zai Lab, a Chinese drug developer backed by several venture capital investors, gained 55% on its NASDAQ trading debut following a $150 million IPO.
Japanese conglomerate Toshiba Corporation has reached a final agreement to sell its Nand flash memory unit to a consortium led by Bain Capital for JPY2 trillion ($17.8 billion).
CMC Capital Partners and AlphaX Partners – a VC firm co-founded by Chuan Thor, formerly a managing director at Highland Capital China – have jointly led a RMB550 million ($84 million) round for Gaosi Education Group, a Chinese education and training...
China-based Drum Tower Ventures has launched its first fund, with a view to raising $50 million for early-stage investments globally.
The Carlyle Group has sold its approximately 46% stake in Coates Hire as Seven Group Holdings took full ownership of the Australian equipment-leasing business in a deal worth A$517 million ($418 million).
Krungsri Finnovate, the VC arm of Thai financial institution Bank of Ayudhya, has led a $3.2 million Series A round for domestic financial technology start-up Finnomena.
HighRadius, a US and India-based financial technology company focused on cloud computing services, has received $50 million from Susquehanna Growth Equity for a global expansion.
Tiger Global Management and Genesis Capital have led an extended Series C round worth $230 million for Miss Fresh, a Chinese online grocery retailer backed by Tencent Holdings. Jeneration Capital also participated.