
PE-owned Adore Beauty targets $193m Australia IPO

Australia’s Quadrant Private Equity is set to make a first exit from its growth fund with online beauty retailer Adore Beauty announcing plans for a A$269.3 million ($192 million) IPO.
The company will sell 39.9 million shares for A$6.75 apiece, giving it an expected market capitalization of A$635.3 million, according to a filing. Existing shareholders will offload 34 million shares...
Latest News
India direct secondaries: Footprint freefall
A darker mood for Chinese investors in India is stirring expectations for a wave of direct secondary opportunities
Rocket Lab to go public via SPAC merger
Rocket Lab, a US-based space technology company that operates primarily in New Zealand, as agreed to merge with a special purpose acquisition company (SPAC) at an enterprise valuation of $4.1 billion.
GPs & SPACs: Filthy lucre?
The global SPAC craze is percolating into Asia, with private equity firms among the sponsors. LPs aren’t necessarily comfortable with the development, but there’s only so much they can do about it
China VCs back See Fund's debut vehicle
See Fund, an investment firm established by the founder of Chinese artificial intelligence chip start-up DeePhi Technology, has raised RMB200 million ($31 million) for its debut fund.