General Atlantic, TPG and Mubadala Investment have doubled down on Reliance Industries’ plans to reinvent digital consumer services in India, following earlier commitments to Jio Platforms with investments in the conglomerate’s retail unit.
Growth equity specialist General Atlantic will pay INR36.8 billion ($500 million) for a 0.84% stake in Reliance Retail Ventures on a fully diluted basis. TPG and Mubadala have invested INR18.4 billion...
China Ping An Insurance Overseas Holdings has aspirations to manage assets for third-party investors. Spinning out part of the global private equity portfolio may help it get there
Buoyed by strong macro fundamentals and robust returns, Japan’s buyout managers continue to attract capital while most other strategies across Asia struggle. Will this popularity be sustained?
Zhenkunhang, a China-based distribution platform for industrial products, has raised $315 million Series E funding led by YF Capital - previously Yunfeng Capital - a private equity firm co-founded by Alibaba’s Jack Ma.
Japanese logistics technology start-up Openlogi has raised JPY1.7 billion ($16.7 million) in an ongoing Series C round featuring Sumitomo Corporation.