Mizuho Capital Partners is set to launch a new JPY30 billion ($277 million) mezzanine fund which will support Japanese small- to medium-sized enterprises (SMEs) in the form of subordinated loans and preferred shares.
According to Bloomberg, the fund will launch in January next year and will target a gross IRR of 10%. It will be the successor vehicle to MH Mezzanine Investment Enterprise II, a JPY17.7 billion fund originally...
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.