Chinese technology and healthcare investor Oceanpine Capital has completed its first external fundraise with $400 million in commitments.
The firm was established in 2016 by Dave Chenn, who previously established China Century Group in 2005. Its debut fund of $400 million came from internal sources. That vehicle is now fully invested and...
China has imposed severe restrictions on private tutoring that appear to undermine the commercial viability of companies in the space, potentially making private equity investment unviable.
Best & Less Group (BLG), an Australian baby, kids and womenswear retailer, has raised A$60 million ($44 million) through a domestic IPO, facilitating a partial exit for majority owner Allegro Funds Group.
TransThera, a China-based drug developer, has raised $100 million in Series D funding led by CPE and China Structural Reform Fund.
B Capital Group has hired Sheila Patel, formerly the Singapore-based chairman of Goldman Sachs Asset Management, as a vice president amid a concerted Asian expansion drive.