Kevin Zhang, one of the two co-founders of Chinese middle market private equity firm Ascendent Capital Partners, is retiring from the firm. He is understood to be planning to establish his own family office.
Sources in the investment community became aware of Zhang’s impending departure towards the end of last year. He is expected to leave within the next few months, the sources said. Zhang (pictured)...
Matrix Partners has raised $300 million for its third India-focused venture capital fund, which will back companies in sectors including consumer and enterprise technology and financial technology.
Boulevard Capital Partners, a private equity investor focused on infrastructure including telecom towers, has agreed to invest $20 million in Singapore-listed surveillance technology specialist Stratech.
Indian automotive and aerospace parts manufacturer Sansera Engineering has filed for an IPO that will provide a partial exit for its private equity backer The Rohatyn Group (TRG).
Sen Do Technology (Sendo), a Vietnamese e-commerce company that operates a C2C platform and payment service, has secured $51 million in Series B funding led by Japan’s SBI Group.