
China regulator to tighten rules on domestic PE fundraising
The China Securities Regulatory Commission (CSRC) will take further steps to regulate the domestic private fund industry in response to an acceleration in illegal fundraising activities.
Ziqiang Chen, a director with the CSRC's private equity funds supervision unit, said in a press conference that the regulator will soon implement private fund rules first introduced in July 2014. This...
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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
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