Oceanpine Capital has reached a first close of $200 million on its second fund, 30% of which was committed by the GP. The target is $400 million.
LPs include Asian insurance companies and asset managers, as well as corporates, entrepreneurs, and family offices. Fundraising began in December of last year. This is the first time Oceanpine has sought...
KKR has offered to acquire up to 9% of First Gen Corporation, a power plant operator in the Philippines, for PHP7.29 billion ($144 million).
Japan’s Beyond Next Ventures has led a JPY800 billion ($7.4 million) Series A round for local cell-based agricultural technology specialist IntegriCulture.
Chinese drug developer Jiangsu Atom Bioscience & Pharmaceutical has raised $30 million in Series B funding led by Sequoia Capital China and Hong Kong-listed Livzon Pharmaceutical Group.
Hillhouse Capital has led an extended Series A round of funding worth $50 million for Deepexi, a Chinese start-up that provides a suite of smart data services to enterprise customers.