Chinese insurance companies will be allowed to increase their equities exposure to up to 45% of total assets - a move that is expected to benefit private equity.
At the end of the first quarter, insurers had RMB4.38 trillion ($628 billion) deployed in equities, according to the China Banking & Insurance Regulatory Commission (CBIRC), which announced the rule change. This equates...
A rebound in China-based activity took Asia private equity investment to a record USD 105.3bn in the fourth quarter, ensuring that 2021 represents a new high watermark for the industry.
EverSource Capital has reached a final close of USD 741m on what is being called India’s largest climate impact fund.
Dishangtie Car Rental, a Shenzhen-based electric vehicle (EV) rental service, has raised a USD 200m Series D round across two tranches featuring CICC Capital.
Quona Capital, Lightrock India, and Asia Impact SA have co-led a USD 60m Series C round for Indian agriculture technology platform Arya.