Brian Chi, who previously spent more than a decade making China investments for The Blackstone Group and Morgan Stanley Private Equity Asia (MSPEA), has joined Loyal Valley Capital as a partner.
The appointment comes a few months after Loyal Valley closed its second US dollar-denominated fund at $465 million, exceeding the target of $400 million and the hard cap of $440 million. The Chinese GP,...
The Carlyle Group achieved an 8x return through a partial exit via SBI Cards’ IPO. The private equity firm still holds a 16% stake and is a resolute believer in the growth potential of India’s credit card market
India's private debt markets lack coordination and standardization. Vivriti Capital hopes to fix this by bringing issuance online. LGT Lightstone Aspada has provided $50 million in support of this effort
MiningLamp Technology, a Chinese big data company, has raised $300 million Series E led by Temasek Holdings and Tencent Holdings. Kuaishou, a local short-video sharing platform backed by Tencent, also took part in the round.
AISing, a Japan-based developer of edge artificial intelligence (AI) technology used in industrial robots and self-driving cars, has raised JPY700 million ($6.5 million) in Series B funding.