Private equity investors expect divestments of domestic and overseas businesses by Chinese state-owned enterprises (SOEs) to become more prevalent as result of the government's sweeping efforts to reduce corporate debt levels, the Hong Kong Venture Capital & Private Equity Association’s (HKVCA) Asia Forum heard.
SOEs, which account for roughly one-third of the economy and dominate key industrial sectors, have long received preferential support from central and local governments, including favorable financing...
Japanese healthcare technology start-up Ubie has closed its Series C round on JPY6.3bn (USD 43.2m) with the latest tranche featuring PE-owned pharmacy chain operator Sogo Medical.
Specialist food and agriculture investor Proterra Investment Partners has agreed to invest in Aperion Bioenergy, a Singapore-based bioenergy producer that sources used cooking oil for feedstocks.
Dymon Asia Private Equity (DAPE) has closed its third Southeast Asia middle market private equity fund at a hard cap of USD 650m, beating a target of USD 550m.
Gamurs, a Sydney-headquartered media company specialising in gaming, e-sports, and entertainment, has secured USD 12m in Series A funding.