CP Eaton launches new RMB platform
International interest in China’s RMB fund space was cast into the spotlight when global placement agent CP Eaton Partners announced the launch of its new dedicated RMB fundraising effort for all its current and future GP clients, as well as the engagement of Eric Gu, formerly with China’s National Social Security Fund (NSSF) as VP to head the platform from its Shanghai office.
At the NSSF, Gu oversaw the fund’s overseas alternatives strategy and was involved in GP manager selection. He will report to Jingjing Bai, head of the Shanghai office. “The Chinese investment market...
More on Fundraising
Latest News
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.