Bain Capital has reached a first and final close on its fourth Asia-focused private equity fund at the institutional hard cap of $4 billion. Employees of the firm and related parties will contribute a further $650 million.
The vehicle was substantially oversubscribed, and the fundraising process took approximately five months, according to sources familiar with the situation. Bain declined to comment on fundraising. LPs...
Legend Capital sees Mancando's extensive network of brick-and-mortar outlets as the key to bringing greater supply chain efficiency to the Chinese auto parts industry
Advantage Partners has made its first acquisition in Vietnam, buying women’s fashion brand Elise Fashion for an undisclosed amount.
GIC Private has led a RMB850 million ($125.5 million) Series C round for Burning Rock, a Chinese cancer diagnostics start-up that is already working with hospitals on products based on DNA sequencing analysis.
Beacon Venture Capital, the VC unit of Thailand’s Kasikornbank, has led a $6.5 million investment in Jitta, a local financial technology provider and stock analysis platform operator.