Baidu spin-out Xiang He Capital draws on networks and experience from the corporate sphere to differentiate itself in China’s VC market. It has $425 million in dry powder to put this proposition to the test
Three out of the approximately 20 companies backed by Xiang He Capital were established by former employees of Baidu. Two are among the most valuable: online education platforms VIPKid and Zuoyebang have...
Michael Granoff, founder and CEO of Pomona Capital, discusses raising capital from Asian LPs, how GPs can be differentiated in a crowded secondaries market, and why he’s not keen on fund restructurings
Japanese mid-market buyout firm Tokio Marine Capital is spinning out from its corporate parent to form an independent investment manager known as T Capital Partners.
Centurium Capital, CITIC Capital and Hillhouse Capital are part of an investor group targeting a $4.6 billion take-private of China Biologic – just over a year after committing new equity to the US-listed company to protect it from other would-be acquirers.
Groww, an Indian financial technology provider focused on mutual fund investment services, has raised a $21.4 million Series B round led by US-based Ribbit Capital.