
PE-backed Ambow Education seeks return to US main board
PE-backed Chinese tutoring and training services provider Ambow Education, which left the US main board in 2014 following allegations of financial impropriety and the appointment of provisional liquidators, has filed for an IPO.
The company, which has spent the last few years trading on the over-the-counter market, has yet to establish the size and pricing for the offering. According to a filing, Baring Private Equity Asia holds...
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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
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.