Ropes & Gray has appointed Chune Loong Lum as a counsel with its private investment funds practice in Hong Kong. He is rejoining the firm after an approximately one-year stint with Skadden.
Lum represents Asia and China-focused clients in the formation, structuring and operation of private equity funds, as well as sovereign investors and institutional investors in their fund commitments and...
Svolt Energy Technology, formerly the battery business unit of Chinese automaker Great Wall Motor, has raised a RMB3.5 billion ($542 million) Series A round featuring a string of government-linked investors.
Tiger Global Management has led a $100 million Series C round for India’s Infra.Market, valuing the construction materials marketplace at $1 billion.
Moore Threads, a Chinese chip designer established as recently as last October by a team from Nvidia, has closed two funding rounds amounting to several billion renminbi.
FountainVest Partners has agreed to acquire a majority stake in China-based CJ Rokin Logistics from Korea’s CJ Logistics for KRW733.8 billion ($661.3 million).