KKR has partnered with Chinese property developer Sino-Ocean Group Holding to invest HK$1.5 billion ($190 million) in retail outlet developer and operator Beijing Capital Juda.
The transaction, which is subject to regulatory and Capital Juda shareholder approval, will see KKR and Sino-Ocean pick up stakes of 12% and 16%, respectively, with Capital Juda issuing a combination of...
China’s MSA Capital has joined a $30.5 million round for Saudi Arabian B2B services marketplace Sary as part of a deepening Asia-Middle East agenda.
Huoban.com, a Chinese zero-code application building platform has raised $17 million in Series B funding led by 5Y Capital and Sequoia Capital China. Challenjers Capital also took part in the round.
Apollo Management has submitted a A$4 billion ($3.1 billion) bid for the wagering and media and gaming services businesses of Tabcorp Holdings, Australia’s largest gambling company.
David Swensen, head of the Yale University endowment who pioneered a new approach to institutional investment management, has died aged 67 following a long battle with cancer.