Lone Star Funds and the RattanIndia Group will jointly invest INR26 billion ($400 million) to launch a new non-banking financial company (NBFC).
The entity, RattanIndia Finance, will be owned equally by the two investors. Rajiv Rattan, currently chairman of RattanIndia, will become chairman and CEO of RattanIndia Finance. According to a statement,...
Cathay Capital Private Equity has reached a first close of EUR600 million ($702 million) for its latest middle-market Sino-European fund. The target is EUR1.2 billion.
Opera Software, a Norwegian web browser developer acquired by a PE-backed Chinese consortium in 2016, is looking to raise up to $115.2 million in a US IPO.
51 Credit Card, a Chinese online credit card management platform backed by the likes of Tiantu Capital, GGV Capital, and Shunwei Capital, raised HK$1 billion ($128.5 million) in its Hong Kong IPO.
Singapore’s Golden Equator Capital and Korea Investment Partners (KIP) have jointly launched a S$120 million ($88 million) Southeast Asia technology fund focused on start-ups and small to medium-sized enterprises (SME).