Art and wine funds: The Passion Portfolio
The increase in wealth creation in China has created a generation of HNW individuals intent on investing in art. But can the momentum behind this so-called emotional asset class be sustained?
A jade stool said to date from the Han Dynasty was sold for RMB220 million ($34.9 million) last year. It was later discovered to be a fake. It was claimed to be easy to tell that the supposedly 2,000-year-old...
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Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.