Three of the senior management team at SMC Capital China - a GP launched by Hong Kong-based Simon Murray & Company (SMC) - have left to join CDIB Capital, the PE arm of Taiwan’s China Development Financial.
Hamilton Tang (pictured), who had been with SMC for more than 17 years, latterly as CEO and managing partner of SMC Capital, will work out of CDIB's Hong Kong office. Yinghai Xie and Sandy Ng, formerly...
Cathay Capital Private Equity has reached a first close of EUR600 million ($702 million) for its latest middle-market Sino-European fund. The target is EUR1.2 billion.
Opera Software, a Norwegian web browser developer acquired by a PE-backed Chinese consortium in 2016, is looking to raise up to $115.2 million in a US IPO.
51 Credit Card, a Chinese online credit card management platform backed by the likes of Tiantu Capital, GGV Capital, and Shunwei Capital, raised HK$1 billion ($128.5 million) in its Hong Kong IPO.
Singapore’s Golden Equator Capital and Korea Investment Partners (KIP) have jointly launched a S$120 million ($88 million) Southeast Asia technology fund focused on start-ups and small to medium-sized enterprises (SME).