CITIC Private Equity has sought to differentiate itself from other Chinese GPs with an operations-driven buyout strategy. Feng Zhai, managing director and head of the portfolio management team, explains the approach
Q: How has CITIC PE’s control-focused strategy evolved? A: We have been operating in the private equity industry for nearly 10 years, we’re still a young firm. But we have benefited from the rapid...
The government of Shenzhen, China has launched a VC fund with an initial corpus of RMB500 million ($79 million) to invest in blockchain start-ups in the city.
Sequoia Capital China and Serica Partners have co-led an $11 million Series A round for US-based molecular diagnostics start-up NuProbe.
Shenzhen Capital has joined a $30 million Series C round for US-based 3D printing company Formlabs that will support an expansion effort in China and Asia.