Jeneration Capital Management, which sources the bulk of its funding from Chinese technology entrepreneurs, has appointed Tony Zhang as a partner. He was previously head of Asia at Coatue Management.
Zhang spent three years at Coatue, which followed a five-year stint with DCM. He has led investments in start-ups including VIPShop, 58.com and Tuniu – all of which are now listed – as well as Didi...
Apax Partners has sold its remaining 48% interest in GlobalLogic, an IT outsourcing company founded by several Indian entrepreneurs, to Partners Group. The deal values the business at more than $2 billion.
Bain Capital Private Equity has made a A$810 million ($613 million) buyout offer for BWX, an Australian manufacturer of branded skin and hair care products.
Kedaara Capital and Partners Group have agreed to acquire Indian retailer Vishal Mega Mart for an undisclosed sum from TPG Capital.
Navis Capital Partners has invested an undisclosed amount in Saitex Holdings, a denim products manufacturer for the global jeans industry based in Vietnam.