Zoomlion Heavy Industry Science and Technology, a China-based construction machinery maker, has launched an industry PE fund with an overall target of RMB3.21 billion ($481 million).
Indian venture capital firm YourNest has launched its second fund for early-stage investments with a target size of INR3 billion ($45.1 million).
Japan’s Jafco has achieved a first close on its fifth global venture capital and buyout fund with JPY41 billion ($408 million) in commitments.
UK development finance institution CDC Group has invested INR3.3 billion ($49.7 million) in Indian private lender RBL Bank.
China has launched a RMB350 billion ($52.5 billion) private equity fund to restructure state-owned enterprises (SOEs) as part of efforts to improve operational efficiency and encourage industry consolidation.
Infinity Group, a China-Israel cross-border private equity firm, has partnered with Chinese IT services provider Neusoft Corporation to launch a $250 million medical technology fund.
Canada Pension Plan Investment Board (CPPIB) has signed an agreement with China’s National Development & Reform Commission (NDRC) to provide assistance to policymakers as they address the challenges presented by an aging population.
Singapore-based UOB Group has joined a $72 million Series C round for Israeli equity crowdfunding platform OurCrowd.
FountainVest Partners has closed its third China-focused fund at the hard cap of $2.1 billion after approximately six months in the market
The Taiwan government has declined to approve the acquisition of cable television provider China Network Systems (CNS) by Morgan Stanley Private Equity Asia (MSPEA) and Far EasTone Telecommunications, asking the National Communications Commission (NCC)...
Singapore-based alternative credit investor Pierfront Capital has committed $25 million to Merdeka Copper Gold, an Indonesia-based operator of copper and gold mines backed by Saratoga Capital and Provident Capital.
The Rohatyn Group (TRG), a global emerging markets asset management firm, has opened an office in South Korea.
The International Finance Corporation (IFC) is considering an investment of up to $25 million in Maison Capital’s debut US dollar-denominated China fund, which has an overall target of $200 million.
Linear Venture, a Chinese early-stage VC firm founded by former Facebook and JD.com employees, has closed its second fund – which comprises US dollar and renminbi-denominated tranches – with approximately $70 million in aggregate commitments.
Multiples Alternative Asset Management has reached a final close of $690 million on its second India-focused fund, beating the target of $650 million.
Efforts to increase foreign M&A activity in the Philippines at later investment stages depend on targeting the right kinds of companies and understanding their needs, industry participants told the AVCJ Philippines Forum.
Singapore-based Joyful Frog Digital Incubator (JFDI) has closed its pioneering accelerator program as part of a corporate restructuring.
There will be no AVCJ bulletin on September 16 due to a public holiday in Hong Kong marking the Mid-Autumn Festival.
Sebastiaan van den Berg, previously a managing director at HarbourVest Partners, has become CIO and head of principal investments at Hong Kong-based Sun Hung Kai & Co.
Chinese search engine Baidu has launched a $200 million venture fund that will focus on next-generation technologies, such as augmented reality (AR) and virtual reality (VR).
AirTree Ventures claims to have raised Australia's largest-ever venture capital fund, having closed its latest vehicle at A$250 million ($188 million)
Chinese early-stage VC firm Sinovation Ventures, formerly Innovation Works, has closed its third US dollar-denominated fund and second renminbi fund, with more than $674 million in aggregate commitments.
China-based early-stage investor Innovation Works, which was founded by former Google China head Kai-Fu Lee, has teamed up with Hong Kong-listed real estate developer Zall Group to launch a private equity fund.
Canadian pension plan Caisse de depot et placement du Quebec (CDPQ) and Kuwait Investment Authority (KIA) have backed a platform launched by India’s ICICI Venture and Tata Power that will invest in domestic power projects.