Alex Yang, formerly a senior managing director at The Blackstone Group, has been recruited by Brookfield Asset Management to lead its private equity business in China.
The appointment was reported by various Chinese media and has since been confirmed to AVCJ by a source close to the situation. A separate source said that Yang left Blackstone last September. He spent...
China’s MSA Capital has joined a $30.5 million round for Saudi Arabian B2B services marketplace Sary as part of a deepening Asia-Middle East agenda.
Huoban.com, a Chinese zero-code application building platform has raised $17 million in Series B funding led by 5Y Capital and Sequoia Capital China. Challenjers Capital also took part in the round.
Apollo Management has submitted a A$4 billion ($3.1 billion) bid for the wagering and media and gaming services businesses of Tabcorp Holdings, Australia’s largest gambling company.
David Swensen, head of the Yale University endowment who pioneered a new approach to institutional investment management, has died aged 67 following a long battle with cancer.