David Neal, who has spent the last six years as CEO of Australia’s Future Fund, will succeed Brett Himbury as head of IFM Investors.
He will depart at the end of the month, according to a statement. Cameron Price, the sovereign wealth fund’s general counsel and chief risk officer, will serve as interim CEO while a search for a permanent...
New Horizon Health, a China-based manufacturer of cancer testing kits for use at home, has raised $30 million in a Series E round of funding led by Rock Springs Capital.
Shanghai-based Yingke Private Equity has closed its latest renminbi-denominated fund with commitments of RMB2 billion ($286 million), primarily from insurers and other financial institutions.
Google will launch a INR750 billion ($10 billion) fund to make equity, operational, infrastructure and ecosystem investments that seek to increase the pace of digitization in India.
Asia private equity fundraising rebounded from a seven-year low in the first quarter of the year to reach $24 billion for April through June, but commitments were concentrated on a handful of managers.