SAIC Capital, an investment manager controlled by Chinese automaker SAIC Motor, has raised a RMB1 billion ($145 million) fund that will target deals throughout the automotive industry supply chain.
The capital will be deployed by Shangqi Capital, a dedicated private equity affiliate of SAIC Capital. It will focus on new energy vehicles, energy conversation and environmental protection technologies,...
CHAMP Private Equity became CPE Capital earlier this year, following a leadership transition. The Australian GP has also refined its middle market investment strategy, emphasizing functional expertise
Difficult economic and political conditions bode well for the Korean PE industry in the near term, according to Michael Chung (pictured), head of Korea at Morgan Stanley Private Equity Asia (MSPEA).
Japan’s Daiwa Securities and Mitsubishi UFJ Financial Group have joined a $50 million Series C round for Malaysian used car trading platform Carsome.
AltStory, a Chinese interactive movie and television content company, has raised approximately RMB100 million ($14 million) in Series A funding led by China Literature, a listed unit of Tencent Holdings.