Lindsay Wright, CEO of the newly launched funds management unit at Sun Hung Kai & Co, is helping reposition a Hong Kong financial services mainstay as an alternatives investor
Sun Hung Kai & Co (SHK), known in Hong Kong since the 1960s for its capital markets services, has been gradually transitioning into alternatives since 2015, when it sold a 70% stake in its brokerage business...
US-based Liberty City Ventures has led a USD 359m round for Hong Kong blockchain media company Animoca Brands at a pre-money valuation of USD 5bn, more than double its valuation in October.
Harmay, a China-based omnichannel beauty products retailer, has raised USD 200m across Series C and D rounds.
Novotech, an Asia-based clinical trials specialist controlled by TPG Capital, has secured USD 760m in new equity and debt financing at a post-deal valuation of approximately USD 3bn.
Quadrant Private Equity has sold Journey Beyond, an Australia-based experiential tourism business, to US-based Hornblower Group, which is best known for offering cruise and sightseeing packages.