Affirma Capital has closed its fifth Korea-focused fund with KRW543 billion ($473 million) in commitments, marking its first successful fundraise since spinning out from Standard Chartered.
The firm launched Ascenta V in January with a view to raising KRW500 billion, and a first close of KRW443 billion came three months later. The fund is more than twice the size of its predecessor – which...
A rebound in China-based activity took Asia private equity investment to a record USD 105.3bn in the fourth quarter, ensuring that 2021 represents a new high watermark for the industry.
EverSource Capital has reached a final close of USD 741m on what is being called India’s largest climate impact fund.
Dishangtie Car Rental, a Shenzhen-based electric vehicle (EV) rental service, has raised a USD 200m Series D round across two tranches featuring CICC Capital.
Quona Capital, Lightrock India, and Asia Impact SA have co-led a USD 60m Series C round for Indian agriculture technology platform Arya.