Pacific Equity Partners (PEP) has launched an Australia and New Zealand-focused secure assets fund intended to invest in companies that generate annuity income but also offer opportunities for traditional private equity-style operational improvement.
The GP, currently Australia’s largest domestic buyout player, started talking to LPs about the venture last year – at the time the prospective vehicle was referred to as an infrastructure fund. The...
The Blackstone Group has agreed to invest $400 million in YiChang HEC Changjiang Pharmaceutical (HEC Pharm), a Chinese drug developer listed in Hong Kong, through a convertible bond issuance.
Silicon Valley-based seed-stage accelerator Y Combinator (YC) has chosen Qi Lu, the former group president and COO of search giant Baidu, as the founding CEO of its China branch, YC China.
Singapore’s Golden Equator has launched an accelerator in Brunei aimed at helping local small to medium-sized enterprises (SME) expand across Southeast Asia.
Clobotics, a China and US-based computer vision start-up backed by a number of venture capital firms, has raised $11 million in Series A funding.