Many private equity firms in Asia have been approached about selling a GP stake, whether it is to facilitate succession or in return for supporting a fundraise. Responses to such propositions are mixed
“This is an area where I never want to be on the record because it would create speculation,” says a founder of a mid-size Asia-based private equity firm. “But yes, we have been approached and we...
Novo Tellus Capital Partners has invested S$12 million ($8.8 million) in Procurri, a Singapore-listed provider of IT services and data center equipment.
Australia’s Anacacia Capital has realized the final exit from its debut fund with the sale of its majority stake in workplace equipment provider RIS Safety to domestic investor Bricktop Group.
Bain Capital has acquired a majority interest in the data center construction and maintenance division of Shenzhen-listed NetScience Technology for RMB990 million ($147 million).
Shukun, a Chinese company that provides artificial intelligence (AI) technology used in the treatment of cardiovascular diseases, has raised RMB200 million ($29 million) in a Series B round led by China Creation Ventures.