CHAMP Private Equity is set to become the first Australian GP to invest in a company with significant exposure to the local defense sector, following an agreement to acquire a majority stake in Marand Precision Engineering.
The size of the transaction was not disclosed, but CHAMP will work alongside the Ellul family, which established Marand 50 years ago and turned it into a precision tooling business with clients across...
Japanese venture capital firm Globis Capital Partners has raised JPY36 billion ($321 million) for its sixth fund. The overall target of JPY37.5 billion is expected to be reached by June.
A TPG Capital-led consortium will acquire a 30% stake in APM Monaco, a jewelry brand that was established in Europe nearly 40 years ago and now has its largest retail footprint in China.
RHL Ventures has launched a MYR100 million ($24.2 million) fund focused on small to medium-sized enterprises (SME) with a cornerstone investment from government-owned SME Corp Malaysia.
Chinese coffee shop chain Luckin Coffee has raised $150 million in an extended Series B round at a valuation of $2.9 billion. It was led by BlackRock, which committed $125 million to the deal.