The International Finance Corporation (IFC) is considering an investment of $15 million in Hong Kong-based Arbor Ventures’ second VC fund, which has an initial target of $220 million.
The Asia-focused VC firm launched its debut fund in 2014 and raised $125 million, including $10 million from IFC. The development finance institution (DFI) said in a disclosure that Arbor has a track...
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.