Hony Capital has led a Series B round of funding for Quanyi Pharmacy Chain, an investment and operating platform that is intended to consolidate Chinese retail drug stores.
Financial terms weren’t disclosed but Hony said in a statement that the round was worth multiple billion renminbi. The deal – which comes from Hony Capital Fund VIII – allows the fund to become...
Asian private equity has moved on from chasing momentum plays, with GPs increasingly pursuing opportunities where they have domain expertise and know they can add value, the AVCJ Private Equity & Venture Forum heard.
An emerging technology giant has imploded. Regulations are set to tighten. Investors hit pause but remain confident about the long-term outlook. Business as usual in crypto
Patrick Reid, a UK-based managing director for alternatives distribution management at Morgan Stanley, plots the future of themes around secondaries, longer holds, and hybrid approaches to PE
LionRock Capital is exiting Clarks to its majority partner, Li Ning-owned and Hong Kong-listed Viva China, having helped the struggling British shoe brand survive the pandemic