China Renaissance has closed the third renminbi-denominated fund raised under its flagship Huaxing Growth Capital arm with more than RMB6.5 billion ($943 million) in commitments.
Investor demand amounted to RMB7.5 billion, the firm said in a statement. The vehicle reached a first close of RMB4 billion in late 2017. At the time, a final close of up to RMB6 billion was expected in...
01VC has secured institutional LP support for its second fund, which closed at $100 million. The early-stage investor plans to deploy it across industrial and enterprise deals in China and Southeast Asia
Singapore hotel management and booking platform RedDoorz has raised $70 million in Series C funding less than a month after closing a $45 million Series B.
LBNCo, an Australian fiber optic network provider acquired last year by a consortium led by ROC Partners, will be sold to industry peer Uniti Wireless for A$100 million ($67.7 million).