Jenny Zeng, managing partner of Magic Stone Alternative Investments, shares her views on emerging Chinese LPs, specialization among fund managers, and opportunities in the secondaries space
Q: Renminbi-denominated fundraising is been on the slide these past two years. What is the problem? A: It's difficult for managers to raise capital at the moment. The most important issue is the lack...
The Carlyle Group has agreed to invest RMB726 million ($108 million) for a 10% stake in Chinese home textiles maker Luolai Lifestyle Technology.
Warburg Pincus has agreed to acquire an 80% stake in Avanse Financial Services, an India-based non-banking finance company (NBFC) focused on education.
M12, the VC arm of Microsoft, has led an approximately $21 million Series B round for GO1, an Australian workforce services technology start-up focused on corporate training.
DNX Ventures, formerly known as Draper Nexus Ventures, has launched its third Japan-US cross-border VC fund with a target of $300 million.