Baring Private Equity Asia (BPEA) has completed two closes on its eighth pan-regional fund, receiving commitments of around $8.5 billion – the initial target for the entire vehicle.
The GP told investors that the $8.5 billion capacity was “fully allocated,” without giving the exact amounts for the first and second closes, according to a source close to the situation. The same...
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.