Singapore’s Temasek Holdings has created a holding company for its four asset management units – including private equity-focused Azalea Investment Management and venture debt business InnoVen Capital – to provide more support in areas such as third-party fundraising.
The asset management group, known as Seviora Holdings, will have combined assets under management of around S$75 billion ($55 billion). In addition to Azalea and InnoVen, it will be responsible for Fullerton...
Australia-founded beverages maker Lyre’s has raised $11.5 million in seed funding with a view to helping non-alcoholic spirits follow in the footsteps of alternative protein
Chinese online-to-offline (O2O) medicine retailer Dingdang Kuaiyao has raised RMB1 billion ($150 million) in an extended Series B round featuring Dragon Gate Investment Partners.
Sinovation Ventures is looking to raise $1 billion for a growth-stage private equity fund that will focus on introducing artificial intelligence technologies (AI) to traditional industries.
SAIF Partners India has closed its fourth fund at $400 million within a few weeks of launch and rebranded as Elevation Capital.