Venturi Partners, a Singapore-based consumer-focused investment firm established by a former Verlinvest executive in the region, has completed a $100 million first close on its debut fund.
The vehicle, which launched six months ago with a target of $150 million, will back companies in India and Southeast Asia across the fast-moving consumer goods, education, and healthcare services spaces....
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.