Morgan Stanley Private Equity Asia (MSPEA) has led a INR1.6 billion ($23 million) Series D round for Indian low-income home loans provider Ummeed Housing Finance.
LGT Lightstone Aspada also participated. It follows a $10 million Series C in 2018 from LGT and Lok Capital. Lok also contributed to earlier rounds in 2016 and 2017 alongside local trading firm Duane Park....
MGI Tech, a Chinese manufacturer of gene sequencing devices, has raised more than $1 billion in funding led by IDG Capital and CPE (formerly known as Citic Private Equity).
IMM Private Equity has agreed to acquire Korea Kolmar Holdings’ pharmaceutical contract manufacturing organization (CMO) and its drug development business for KRW512.5 billion ($413 million).
Exacta Capital Partners, a Singapore-based private equity firm affiliated with Mizuho Bank, has led an acquisition of gym operator Anytime Fitness Asia for an undisclosed sum.
Marelli, a leading global automotive components supplier formed when KKR combined Japan’s Calsonic Kansei Corporation with Europe-based Magneti Marelli, has secured JPY130 billion ($1.2 billion) in additional funding to ride out a market downturn.