Southeast Asia-focused private equity firm Archipelago Capital Partners has closed its debut fund at $75 million, and plans to raise a successor vehicle in 2020.
The fund originally had a target of $150 million, but Archipelago decided to close it short of the full target in order to focus on investing, CEO Jovasky Pang told AVCJ. “We did a very quick close...
New Horizon Health, a China-based manufacturer of cancer testing kits for use at home, has raised $30 million in a Series E round of funding led by Rock Springs Capital.
Shanghai-based Yingke Private Equity has closed its latest renminbi-denominated fund with commitments of RMB2 billion ($286 million), primarily from insurers and other financial institutions.
Google will launch a INR750 billion ($10 billion) fund to make equity, operational, infrastructure and ecosystem investments that seek to increase the pace of digitization in India.
Asia private equity fundraising rebounded from a seven-year low in the first quarter of the year to reach $24 billion for April through June, but commitments were concentrated on a handful of managers.