CDC Group has named Tony Morgan (pictured), formerly a managing director at Canada Pension Plan Investment Board (CPPIB) as a managing director responsible for direct equity.
“I am hugely excited about joining CDC,” Morgan said in a statement. “Its direct equity business is expanding; I am delighted to be a part of its future as we invest in responsible and sustainable...
Htrip, a China-based hotel digital services platform, has raised RMB100 million ($14 million) in an extended Series A funding round, led by Shenzhen Venture Capital.
Fortune Capital and GF Xinde Investment have led an RMB100 million ($14 million) Series B round for VPhoto, a Chinese cloud-based photo service provider. Tzitzit Asset also participated.
Lucence, a cancer screening start-up that spun out from Singapore’s Agency for Science, Technology and Research in 2016, has raised $20 million in Series A funding.
The Carlyle Group has made a partial exit from India-listed life insurance company SBI Life, selling one-third of its stake for approximately INR28.2 billion ($392 million).