Denham Capital, a resources and energy-focused GP, has closed its first global mining fund at $558 million. The vehicle is intended to grow the firm's portfolio in Australia, Canada, South America and Africa.
Denham previously invested out of a single global fund, but for the latest vintage, the firm has switched to vehicles dedicated to each of its core sectors: mining, oil and gas, and energy. The Denham...
Ascendent Capital Partners has joined Xuan Ruiguo, the chairman and founder of Hong Kong-listed industrial control systems maker China Automation Group, in a take-private offer that values the company at HK$1.5 billion ($197 million).
Australian investment firm Leap Capital has raised A$50 million ($34 million) for a venture debt fund that will target established, revenue-generating companies locally.
Hansoh Pharmaceutical Group, a Chinese drug developer that counts Hillhouse Capital and Boyu Capital among its investors, has raised HK$7.86 billion ($1 billion) through a Hong Kong IPO.
Fidelity International has announced plans to spin-out its proprietary investment arm Eight Roads within the year pending regulatory and shareholder approvals.