Prime Minister Shinzo Abe’s economic reforms have provided a boost for Japanese private equity but issues surrounding corporate governance continue to be a barrier to opportunities, industry participants told the AVCJ Japan Forum.
Anthony Miller, partner and CEO at PAG Japan, praised the economic reforms, saying that monetary policy measures in particular had been long overdue. He added that anticipated structural policy changes...
Chinese gene therapy specialist Exegenesis Bio has received $20 million in Series B funding led by Legend Capital. It will be used to support clinical development of the company’s drug portfolio.
Alibaba Group has led a $300 million round for Chinese electric vehicle (EV) manufacturer Xpeng Motors. It comes barely two weeks after the company closed an extended Series C round of $500 million.
EDBI, the investment arm of Singapore’s Economic Development Board, has invested in Vesta, a US-based fraud and payment technology start-up with ambitions to expand into Asia.
Hana Financial has invested KRW100 billion ($85 million) in a portfolio of Korean waste to energy (WTE) projects controlled by Global Infrastructure Partners (GIP).