KKR Asset Management (KAM) has made a final close on its more than $1 billion KKR Mezzanine Partners I fund, raised through global investors including insurers, pension plans, family offices and sovereign wealth funds.
KKR confirmed to AVCJ that, while there is no specific allocation to Asia, the fund will invest globally and can make investments in Asia. The vehicle closed on August 31. KAM has been investing in mezzanine...
US-based Liberty City Ventures has led a USD 359m round for Hong Kong blockchain media company Animoca Brands at a pre-money valuation of USD 5bn, more than double its valuation in October.
Harmay, a China-based omnichannel beauty products retailer, has raised USD 200m across Series C and D rounds.
Novotech, an Asia-based clinical trials specialist controlled by TPG Capital, has secured USD 760m in new equity and debt financing at a post-deal valuation of approximately USD 3bn.
Quadrant Private Equity has sold Journey Beyond, an Australia-based experiential tourism business, to US-based Hornblower Group, which is best known for offering cruise and sightseeing packages.