New Horizon Investment Advisors, the Beijing-headquartered growth capital GP set up in 2005 as a JV between Temasek Holdings and SBI Holdings, has closed its New Horizon Capital III fund at $750 million, Jianming Zou, a director at New Horizon, confirmed to AVCJ.
Chinese media reports cited commitments from some 30 or more global investors. According to some reports, the final close of $750 million was the fund's hard cap, though New Horizon declined to confirm...
Chinese commercial space launch start-up LandSpace has secured RMB300 million ($43 million) in an extended Series B round led by China Growth Capital.
In its debut Japan investment, L Catterton plans to help eyewear maker Owndays expand its customer-friendly business model outside its home market
Swedish pension fund AP2 could be about to see a significant jump in its private equity allocation. Head of alternatives Anders Strömblad outlines what the organization looks for in prospective portfolio GPs
Agora.io, a real-time voice and video communication platform established by Tony Zhao, formerly CTO of Chinese social networking player YY.com, has received $70 million in Series C funding led by Coatue Management.