Partners Group, the global private equity investment manager, has made a direct investment in South Korea’s Saehwa International Machinery with its investment partner STIC Investments, a local private equity firm in South Korea.
Financial details were not disclosed. Saehwa is an outsourced tire mold, drum and tire machinery manufacturer with a host of global clients. It also has overseas’ operations in China, Southeast Asia...
Australian graphic design start-up Canva has raised $70 million from investors including US-based General Catalyst and Bond Capital, the new vehicle of Silicon Valley veteran Mary Meeker. It values Canva at $2.5 billion.
India’s Everstone Group has hired Suresh Vaswani (pictured), a former executive at Wipro, Dell, and IBM, as a senior director focused on investments in information technology (IT).
Sanjieke, a China-based vocational training services provider, has raised an RMB130 million ($19 million) in a Series B round of funding led by Wu Capital.
ADV Partners has agreed to acquire heavy vehicles producer Dutch Lanka Trailer Manufacturers (DLT), a Sri Lanka-based subsidiary of Indian conglomerate Tata Group, for INR3.05 billion ($43.7 million).