Medbanks, a Chinese oncology database platform, has raised around RMB1 billion ($140 million) in an extended Series D funding round led by Tencent Holdings and Wu Capital.
Existing shareholders Eight Roads Ventures, F-Prime Capital, IDG Capital, and CLP Fund all re-upped. Eight Roads and F-Prime are both controlled by Fidelity International, while CLP is a private equity...
CITIC Capital has launched a special purpose acquisition vehicle (SPAC) – or blank check company – on the New York Stock Exchange to pursue deals under its One Belt One Road (OBOR) strategy.
A91 Partners’ spinout from Sequoia Capital showcases the deepening networks of the Indian VC space and hints that more ecosystem growth is yet to come
Northstar Group, a Southeast Asia-focused private equity firm that counts Indonesia as its core market, is looking to raise $800 million for its fifth fund, according to sources familiar with the situation.
Jean Eric Salata, CEO of Baring Private Equity Asia, argues that a $6.5 billion fund is not too large for Asia – he wishes he’d raised more – and explains why size increasingly represents a competitive advantage