Wish, a San Francisco-based cross-border e-commerce app backed by several Asian investors, has completed a Series F round led by Everbright-IDG Industrial Fund.
The size of this round was not disclosed. Other participants include Temasek Holdings, DST Global, Third Point Ventures and Founders Fund. Wish reportedly raised $500 million in November of last year,...
California Public Employees’ Retirement System's (CalPERS) decision to launch a private equity direct investment strategy sets it apart from its counterparts, but the plan will need conviction and focus to succeed
Vision Plus Capital looks to tap the entrepreneurial talent developing in Alibaba Group's ecosystem for its second US dollar and renminbi-denominated funds
Advantage Partners aims to build on the firm's experience connecting Asian entrepreneurs with opportunities in Japan in its first Asia-focused fund
Ally Bridge Group, Hillhouse Capital and 6 Dimensions Capital have co-led a $300 million Series C round for Grail, a biotechnology development firm based in Hong Kong and the US.