TPG Capital and CICC Capital, the private equity arm of China International Capital Corporation (CICC), have agreed to establish a joint platform that will make investments in US dollars and renminbi.
The China Synergy platform is still in its early stages and the two firms have yet to clarify how it will be funded – as a stand-alone entity or from existing pools of capital managed by the participants....
Legend Capital has absorbed lessons from its corporate sponsor to build a diversified investment business across the US dollar and renminbi spaces. It is now trying to take LP relations to a new level
Cerberus Capital Management has agreed to acquire the operating assets of bankrupt Australian equipment finance specialist Axsesstoday.
Sodexo Ventures, the venture capital arm of French food and facilities management services conglomerate Sodexo, has made its second investment in China, committing an undisclosed amount to technology-enabled catering service Meican.
Global Brain has led a $7.8 million round for Idein, a Japanese technology developer focused on systems for device-level data processing, also known as edge computing.