
Cathay Capital launches Sino-French innovation fund
Cathay Capital Private Equity has launched a Sino-French Innovation Fund that is looking to invest in start-ups in France, China and the US.
The fund, which has a target of EUR200-250 million ($222-277 million), has secured commitments from Bpifrance, a subsidiary of French state-owned bank Caisse des Dépôts, and China Development Bank (CDB)...
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Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.