LGT Capital Partners has closed its fourth Asia Pacific fund-of-funds at the hard cap of $1 billion. It had initially targeted a final close in October 2020.
Crown Asia Pacific Private Equity IV (CAPE IV) achieved a first close in April last year of $650 million, including a $125 million commitment from Employees Retirement System of Texas, according to AVCJ...
Abu Dhabi sovereign wealth fund Mubadala has agreed to invest INR90.9 billion ($1.2 billion) in Jio Platforms, the holding company for various internet and telecom assets owned by Indian oil-to-retail conglomerate Reliance Industries.
Bessemer Venture Partners has led an INR1.5 billion ($20 million) Series B round for teleconsultation health platform DocsApp.
Everest Medicines, a China-based biopharmaceutical company, has raised $310 million in Series C funding across two tranches.
Bespin Global, a Seoul and Beijing-based cloud management services provider, has raised RMB530 million ($74.6 million) in a Series C round from SK Telecom and existing investor DY Holdings.