Proterra Investment Partners has reached a final close on a Singapore-domiciled fund that will make food-related investments across Asia with more than USD 200m in commitments.
Billed as Food Fund 3, it received backing from a mix of institutional investors, foundations, and family offices primarily from Europe and Asia. It was incorporated in Singapore in October 2020 under...
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