The Asian Development Bank (ADB) has invested $100 million in NIIF Fund of Funds, a rupee-denominated fund-of-funds vehicle anchored by the Indian government.
The fund-of-funds program also counts the National Investment and Infrastructure Fund (NIIF), a government-backed fund manager, and the Asian Infrastructure Investment Bank (AIIB) as investors. Established...
Firstred Capital has already completed six deals from its debut fund, making commitments that are flexible in structure to Chinese companies that need its M&A expertise
Technology-enabled businesses in China and India are the beneficiaries of a resurgence in growth capital deal flow; Japan is the sole stand-out in fundraising; IPOs continue to shine as overall exits struggle
Erwan Technology, a China-based wealth management education platform, has secured nearly $100 million in funding across Series D and E rounds.
Fund-of-funds and family offices could be excluded from Hong Kong’s proposed carried interest tax concession, industry participants have warned.