Indian seed-stage investor Kae Capital has closed its third flagship fund at about INR 7.7bn (USD 94m) with about 40% of the capital coming from overseas investors.
Foreign LPs include Old Mutual Wealth and Velo Partners of the UK. In a social media post, Kae also identified Finext, the name of several European investment organisations. There was a strong showing...
Monolith Management, an investment firm established by Xi Cao, formerly a partner at Sequoia Capital China, has set the hard cap at USD 250m for its debut China venture capital fund.
Adamantem Capital has acquired a majority stake in Retail Zoo, operator of Australia-headquartered food retail brands Boost Juice and Betty’s Burgers, from Bain Capital for an undisclosed sum.
The Carlyle Group has appointed Harvey M. Schwartz, formerly president and co-COO of Goldman Sachs, as its new CEO.
Crown Resorts represented a daunting target, given its size and pandemic and regulatory-related challenges. The Blackstone Group drew on its global know-how to make the USD 8.1bn deal work