Placement agent Campbell Lutyens has appointed Suvir Varma, until recently head of Bain & Company’s financial investor practice in Asia Pacific, to its global advisory board.
The move follows Varma transitioning to a senior advisor role with Bain, which enables him to take on other projects. Initially an investment banker, Varma spent six years as head of A.T. Kearney’s strategy...
Chinese gene therapy specialist Exegenesis Bio has received $20 million in Series B funding led by Legend Capital. It will be used to support clinical development of the company’s drug portfolio.
Alibaba Group has led a $300 million round for Chinese electric vehicle (EV) manufacturer Xpeng Motors. It comes barely two weeks after the company closed an extended Series C round of $500 million.
EDBI, the investment arm of Singapore’s Economic Development Board, has invested in Vesta, a US-based fraud and payment technology start-up with ambitions to expand into Asia.
Hana Financial has invested KRW100 billion ($85 million) in a portfolio of Korean waste to energy (WTE) projects controlled by Global Infrastructure Partners (GIP).