Asian Venture Capital Journal (AVCJ)
Apollo Management has submitted a A$4 billion ($3.1 billion) bid for the wagering and media and gaming services businesses of Tabcorp Holdings, Australia’s largest gambling company.
China’s MSA Capital has joined a $30.5 million round for Saudi Arabian B2B services marketplace Sary as part of a deepening Asia-Middle East agenda.
Huoban.com, a Chinese zero-code application building platform has raised $17 million in Series B funding led by 5Y Capital and Sequoia Capital China. Challenjers Capital also took part in the round.
Singapore’s Cityneon has seen a robust rebound in its live events business, driven primarily by China. The company now has $177 million in new funding and deals covering everything from ancient Egypt to Avatar
In the past few months, B Capital Group has closed a late-stage fund, entered China, and moved forward with a seed-stage vehicle. Co-founder Raj Ganguly explains the firm’s thinking
Moving from advisor to investor and back again, C.Y. Huang has carved a niche in Taiwan’s M&A and private equity world. But he remains conscious of the need to adapt and evolve
David Swensen, head of the Yale University endowment who pioneered a new approach to institutional investment management, has died aged 67 following a long battle with cancer.
The Blackstone Group has moved Amit Dixit and Ed Huang into leadership positions in its Asia private equity business as part of a round of promotions within the division globally.