North American and European LPs see promise in Asia, and China in particular, but remain wary due to a lack of control opportunities, especially in the context of COVID-19.
Andress Goh, head of Asia Pacific private equity at Allianz Capital Partners, told the AVCJ Forum her firm has backed off growth managers in China as the local economy has slowed. Allianz is attracted...
Yunwang Wandian, the e-commerce services arm of Suning.com, one of China’s largest retailers, has raised a RMB6 billion ($912 million) Series A round led by Shenzhen Capital Group.
Southeast Asia-focused private equity firm KV Asia Capital has exited TF Value Mart (TFVM), a Malaysia-based grocery retailer in which it has held a controlling stake since 2016, to Intermediate Capital Group (ICG).
NextGen Funds Management, a newly established GP in Australia, has launched what it is calling the country’s first dedicated artificial intelligence (AI) fund.
Hong Kong’s 3W Fund Management has led a $43 million Series E round for CANbridge Pharmaceuticals, a Beijing-based drug developer that focuses cancer and rare diseases.