China-based Riverhead Capital, the private equity arm of Sunshine Insurance Group, has closed a renminbi-denominated fund with CNY 2bn (USD 295m) in commitments.
This is the vehicle raised in the Xiamen Hongshang Fund series. It takes the firm's total assets under management to CNY 30bn across seven funds, according to its website. Approximately 80% of LPs in...
IMM Investment is providing KRW 150bn (USD 121m) in Series A funding for Korean cloud computing business NHN Cloud at a valuation of KRW 1trn.
QuantaSing Group, a Chinese adult tuition platform that spun out from wealth management and investment education business Erwan Technology, has traded relatively flat following a USD 41m IPO on NASDAQ.
MBK Partners and Unison Capital Korea have launched a tender offer for Osstem Implant, a Korea-based manufacturer of dental implants, that values the company at approximately KRW 2.85trn (USD 2.3bn).
A Bain Capital-backed take-private of Japanese one-stop field marketing services provider Impact HD, which values the company at approximately JPY 30.7bn (USD 236.3m), has won board support.