Advent International has closed its latest global fund at the hard cap of $17.5 billion, completing its largest-ever fundraising exercise in the space of six months.
Europe and North America will account for the bulk of the corpus, with up to 20% allocated to other markets, including Asia. Recent Asia-based activity includes the acquisition of BioDuro, a hybrid China-US...
CITIC Capital has participated in a JPY3.6 billion ($34.1 million) funding round for Active Sonar, operator of Reclo, a Japanese online re-selling platform for luxury brands.
Should the private equity industry's efforts to redress its gender balance extend to selling students on the asset class as a fulfilling, long-term career option?
Fosun Group has agreed to invest RMB130 million ($18.4 million) in Pet Doctor, a Chinese one-stop pet services platform that supplies everything from software for pet hospitals to consultations for pet owners.
Japan Post Investment Corporation (JPIC) has backed a $33 million Series C round for Atonarp, a Tokyo-based molecular diagnostics systems developer that uses artificial intelligence (AI).