Singaporean, PRC firms launch RMB media fund
Sky Films Capital, a Singapore-based PE firm, and China-focused SND Ventures Group have co-launched a RMB1 billion ($147 million) fund to finance PRC businesses related to the media, digital, film and television industry.
According to Chinese reports, Suzhou-based SND, which is backed by the Chinese government, invested RMB100 million ($14.7 million) into the fund. The fund will be managed by the Huaying Guanghui Investment...
More on Greater China
Latest News
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.