Cross-border technology investor 1955 Capital has emerged victorious in a legal battle with its Chinese anchor LP after a US court upheld an earlier arbitration ruling that the LP had no grounds for withdrawing from the fund.
1955, which was founded by Andrew Chung, formerly a general partner at Khosla Ventures, invests in US and Europe-based companies that address challenges faced by developing countries relating to energy,...
Sequoia Capital closed its latest set of funds for deployment in India and Southeast Asia with $1.35 billion in commitments.
Ucommune, a Chinese co-working space operator that failed to get traction with an attempted New York IPO last year, has been acquired by a US-listed special purpose acquisition company (SPAC) at a valuation of $764.9 million.
Indies Capital, a Singapore-based GP focused on Indonesia, has reached a first close of $100 million for its third flagship private equity and credit fund.
EQT has submitted a revised offer to acquire New Zealand retirement village player Metlifecare at a lower valuation after facing a legal challenge over its attempt to terminate a previously agreed deal.