CDH Investments started out in 2002 with four LPs and $100 million in capital. The team had been together for six years as the private equity unit of China International Capital Corp. (CICC), but the asset class was relatively unknown and unproven in China at the time.
Investments in the first fund included Shanshui Cement, China Mengniu Dairy and Li Ning, each of which ended up going public in Hong Kong. CDH seized on this momentum and has never looked back. The firm...
IMM Investment is providing KRW 150bn (USD 121m) in Series A funding for Korean cloud computing business NHN Cloud at a valuation of KRW 1trn.
QuantaSing Group, a Chinese adult tuition platform that spun out from wealth management and investment education business Erwan Technology, has traded relatively flat following a USD 41m IPO on NASDAQ.
MBK Partners and Unison Capital Korea have launched a tender offer for Osstem Implant, a Korea-based manufacturer of dental implants, that values the company at approximately KRW 2.85trn (USD 2.3bn).
A Bain Capital-backed take-private of Japanese one-stop field marketing services provider Impact HD, which values the company at approximately JPY 30.7bn (USD 236.3m), has won board support.