The asset management units of Chinese insurance companies can no longer launch debt-like products masquerading as private equity, amid concerns about rising corporate and local government debt burdens
Investment strategies targeted exclusively at the convergence of financial services and technology have become commonplace. As competition picks up, success will depend on adopting skills and a global view
An assortment of healthcare-focused GPs – most of them in China – have emerged to leverage rising domestic consumption and nascent medical innovation. Does domain expertise mean better deal access?
The New Zealand Venture Investment Fund (NZVIF), a government-sponsored fund-of-funds, and domestic investor Enterprise Angels plan to commit about NZ$20 million ($14.3 million) to local start-ups over the next four years.
Chinese search giant Baidu has established a RMB20 billion ($3 billion) investment fund, called Baidu Capital, to target mid- and late-stage deals in the internet industry.
Gopher Asset Management, the PE arm of Noah Holdings, has teamed up with Chinese movies-to-gaming company Perfect World to launch a media and culture M&A fund that has a target of RMB2 billion ($300 million).
Chinese computer manufacturer Lenovo Group has launched a $500 million corporate VC fund to invest in technology start-ups.
Xiaoming Huang, a Chinese actor who co-founded celebrity fund StarVC, has launched a new venture capital firm called Ming Capital.
China-focused GP Qiming Venture Partners is planning to raise a healthcare-dedicated fund in the US that will help China- and US-based start-ups expand in both markets.
China-based GSR Capital - an affiliate of Go Scale Capital, which saw its bid for Philips' Lumileds business thwarted by regulators - has closed a new $1 billion fund to invest in LED companies globally.
Following the recent closing of Advent International’s eighth global private equity fund at $13 billion, Filippo de Vecchi, the firm’s managing director and co-head of Greater China, explains how Asia fits into the strategy
GGV Capital has closed its latest VC fund at $1.2 billion across three vehicles – a core venture fund, an early stage fund and an entrepreneurs fund – that will target start-ups and growth-stage technology deals in China and the US.
Everbright ReinFore, a China-focused PE firm that spun out from an offshore asset management arm of China Everbright Group, has reached a final close on its debut fund at approximately $355 million across two vehicles.
China Everbright has committed an additional $15 million to Haiyin Capital’s latest VC fund, also claiming co-investment rights in the fund's US portfolio companies.
Warburg Pincus is seeking to raise $2 billion for a new China-dedicated fund, which will make investments in the country alongside its latest $13.4 billion global fund.
Hony Capital, CITIC Private Equity and Sequoia Capital are set to exit Happigo Home Shopping, a Shenzhen-listed online and TV shopping subsidiary of Hunan TV.
Shanghai Chengtou Holding, a Shanghai-listed property developer which is also a portfolio company of Hony Capital, has committed RMB400 million ($62 million) to the GP’s latest China fund.
Pfingsten Partners, a US-based GP with a presence in China and India that reflects its manufacturing-focused remit, has closed its fifth middle-market fund at $382 million, exceeding the target of $350 million.
China-focused PE firm Cybernaut has hired Matt Wang, formerly a vice president at IBM, as president and announced the launch of a RMB60 billion ($9 billion) M&A fund.