Five Australian superannuation funds have backed a AUD 30m (USD 20.4m) investment in local Wi-Fi chipmaker Morse Micro, extending a recent Series B round to AUD 170m.
They include TelstraSuper, Hesta, Hostplus, UniSuper, and NGS Super. UniSuper’s contribution was managed by Uniseed, which received a AUD 75m LP commitment from the superfund earlier this year. Likewise,...
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