Asian Venture Capital Journal (AVCJ)
Top stories
YF Capital leads $315m Series E for China MRO player
Zhenkunhang, a China-based distribution platform for industrial products, has raised $315 million Series E funding led by YF Capital - previously Yunfeng Capital - a private equity firm co-founded by Alibaba’s Jack Ma.
Funds: Secondaries drive Ping An unit’s transition
China Ping An Insurance Overseas Holdings has aspirations to manage assets for third-party investors. Spinning out part of the global private equity portfolio may help it get there
Japan logistics tech provider raises $16.7m
Japanese logistics technology start-up Openlogi has raised JPY1.7 billion ($16.7 million) in an ongoing Series C round featuring Sumitomo Corporation.
News continued
Analysis
Japan fundraising: Middle-market machine
Buoyed by strong macro fundamentals and robust returns, Japan’s buyout managers continue to attract capital while most other strategies across Asia struggle. Will this popularity be sustained?
Interviews
LP interview: Hermes GPE
Hermes GPE is leaning into Asia as the region proves relatively successful in deflecting COVID-19. This entails a greater focus on growth capital, country funds, and defensive sector targeting
Profile: Jihoon Rim
Jihoon Rim has been a venture capitalist, CEO of one of Korea’s largest technology companies, and a US business school professor – in the space of a decade. He explains the appeal of new challenges
People
Ex-Unigestion Asia head joins Campbell Lutyens
Eric Marchand, who left his role as Unigestion’s head of Asia Pacific private equity earlier this year, has joined Campbell Lutyens as a senior advisor.
Investcorp ramps up India ESG build-out
Investcorp will establish an environment, social and governance (ESG) pilot project in India as a stepping stone to implementing a global framework.
