Co-working spaces are proliferating in Asia as companies – from multinationals to start-ups – opt for more flexible real estate arrangements. The transition is real, but are the valuations justified?
The International Finance Corporation (IFC) is considering an investment of $15 million in Hong Kong-based Arbor Ventures’ second VC fund, which has an initial target of $220 million.
Hong Kong-listed private equity firm AID Partners has acquired Israel-based molecular diagnostics company GeneSort for $23 million.
China Minsheng Investment Group (CMIG), the largest privately-held investment group in China, has initiated a new fund that could raise up to $15 billion for investment in overseas projects under the government-backed "One Belt One Road" initiative.
New Frontier, a private equity firm co-founded by Antony Leung (pictured), formerly Hong Kong's financial secretary, has invested in Best Unimed Medical Group, a Shenzhen-based third-party physicians group.
FountainVest Partners and CMC Capital Partners have completed their exit from movie theater operator IMAX China, selling their last holding for an estimated HK$836 million ($108 million).
GE Ventures leads a $25 million round for Freightos, giving the Hong Kong-based logistics software specialist dry powder to build out its price information marketplace for freight forwarders
US-based PE firm Alinda Capital Partners has agreed to sell Canadian heating, ventilation and air conditioning (HVAC) firm Reliance Home Comfort to Hong Kong tycoon Li Ka-Shing’s Cheung Kong Property Holdings (CKP) for C$2.8 billion ($2.1 billion).
GE Ventures, the VC arm of General Electric, has led a $25 million extended Series B round of funding for Freightos, a Hong Kong-based logistics technology company. It brings total funding for the business to $50 million.
Hong Kong and Singapore-based hedge fund manager OCP Asia has raised a $200 million direct lending vehicle to make private equity-style credit investments in small and medium-sized enterprises (SME).
Hong Kong's Chow Tai Fook Enterprises (CTFE) has agreed to buy Australian power utility Alinta Energy, providing an exit for TPG Capital.
Healthcare-focused PE investor Ally Bridge Group will support the HK$2.3 billion ($301 million) management-led take-private of Hong Kong-listed Shandong Luoxin Pharmacy Group.
Co-High Investment Management, a Hong Kong-based private equity firm focused largely on culture and media, has agreed to invest in a film production company formed through a US-Hong Kong merger.
Sequoia Capital China has led a $30 million Series B funding round for Hong Kong-based travel services company Klook.
Hospital Corporation of China (HCC), a hospital operation group established by Hony Capital, has launched a Hong Kong IPO that would see the company raise as much as HK$500 million ($64 million).
PAG Asia Capital has submitted a cash offer worth HK$4.7 billion ($612 million) for a 42.1% stake in Chinese industrial supply company Yingde Gases.
Oaktree Capital Management and Navis Capital Partners are merging Fitness First and Celebrity Fitness in the expectation that scale will be rewarded in Southeast Asia's gym market
Banuba, a Hong Kong-based developer of technologies for augmented reality (AR) mobile applications, has raised $5 million from VP Capital and Larnabel Ventures.
The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed a commitment of $60 million to IDS Medical Systems, a Hong Kong-based healthcare industry supplier for Southeast Asia.
Kerogen Capital, a Hong Kong-headquartered GP specializing in international energy investments, has committed an initial $50 million to a planned $1.3 billion development in gas fields off the coast of Israel.
Delphinium Capital Partners, a Hong Kong-based GP formed by Harmony Asset Management executive Vivian Yan, has reached a first close of $16 million on its debut fund, which focuses on Asian female-led companies.
The Hong Kong Monetary Authority (HKMA) plans to increase investments from the its long-term growth portfolio (LTGP) – the majority of which is deployed in private equity – in response to a “high complex and unpredictable” global political and...
Hong Kong-based delivery start-up Lalamove has raised a $30 million Series B round of funding led by Xianghe Capital, a China-focused VC fund set by a former Baidu executive.
New Century Healthcare, a Chinese pediatric hospital operator backed by CDH Investments and Boyu Capital, is planning to raise HK$1 billion ($129 million) via a Hong Kong IPO.