Asian Venture Capital Journal (AVCJ)
Top stories
Novo Tellus hits $375m first close on third Indo-Pacific fund
Novo Tellus Capital Partners, an investor in industrial technology assets across the Indo-Pacific region, has reached a first close of approximately USD 375m on its third fund – matching the overall target for the vehicle.
Matrix, HongShan back China's Qihan Biotech
Matrix Partners China and HongShan (formerly Sequioa Capital China) have joined a USD 16m pre-Series B round for Qihan Biotech, a genome editing player active in human and agricultural therapies.
Trifecta closes third India venture debt fund on $214m
Trifecta Capital has closed its third India venture debt fund with about INR 17.8bn (USD 214) in commitments. The initial target was INR 10bn with a greenshoe option of INR 5bn.
Analysis
Family offices: A role for Hong Kong?
Hong Kong’s package of incentives for family offices is intended to redress a balance that has swung in favour of Singapore. Geopolitics is dampening its competitive advantages
Interviews
LP interview: India’s Catamaran
Catamaran brings a global, tech-savvy approach to private equity that sets it apart from most Indian family offices. A strong historical focus on digital inclusion is now extending into manufacturing
Profile: Mekong Capital’s Chad Ovel
An outdoorsman with a passion for mountaineering and a background in sustainable forestry, Chad Ovel found a good fit in Mekong Capital’s strategy targeting the frontier of Vietnam’s consumer markets
People
TPG Asia managing partner expands coverage to Middle East
Ganen Sarvananthan, an Asia managing partner at TPG, has been awarded an expanded brief that now includes the Middle East.
Juan Delgado-Moreira named co-CEO of Hamilton Lane
Juan Delgado-Moreira, currently a Hong Kong-based vice chair at private markets specialist Hamilton Lane, has been promoted to co-CEO of the firm.
