TPG Capital has closed its seventh pan-Asian fund at $4.6 billion after approximately two years in the market. The vehicle is already 40% committed across 12 companies.
The GP launched with a target of $4.5 billion and then set a hard cap of $5 billion. Towards the end of last year, a group of secondary investors led by Lexington Partners committed capital to Fund VII...
As Grab and Go-Jek accumulate war chests to finance their battle for leadership in Indonesia’s online services space, the greatest benefit could go to the next generation of local technology entrepreneurs
CleanMax Solar, an Indian solar power developer with several PE backers, has raised INR2.75 billion ($39 million) from UK Climate Investments (UKCI), a renewable energy investment platform managed by Macquarie Infrastructure and Real Assets.
RWDC Industries, a Singapore-based materials developer focused on biodegradable plastics, has raised $22 million from a group of investors including Vickers Venture Partners.
Tencent Holdings has led a Series C round for China-based Tangdou, a social media platform targeting senior citizens. Other participants include GGV Capital, Shunwei Capital and IDG Capital.