
Dragon Capital plans $250m new fund
Southeast Asian emerging markets-focused Dragon Capital is in the process of raising its newest vehicle, the Indochina Opportunities Fund, which will invest in companies based in Vietnam, Cambodia and Laos.
Dragon Capital's CEO, Dominic Scriven, told Reuters that the fund is planning for a first close of $100-150 million by mid 2012, en route to its target of $250 million. Its LPs include family offices and...
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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.