Clearwater Capital Partners has so far raised $200 million for its fourth Asia ex-Japan fund, which will target special situations investments in public and private debt and equity. The company is aiming for a final close of around $900 million, a source familiar with the situation told AVCJ.
Clearwater Capital Partners III closed in July 2007, also at $900 million, $200 million over its initial fundraising target. Its investments include GSS America Infotech, an IT consulting and software...
Zhuanzhuan, a used goods trading platform and subsidiary of 58.com, China’s largest online classifieds marketplace, has raised a $100 million round led by electronics giant Xiaomi.
KPCB growth-stage spinout Bond has led a $200 million Series B round for BrowserStack, a software testing platform established by two Indian entrepreneurs.
Chinese healthcare big data company LinkDoc Technology, which counts New Enterprise Associates (NEA), China Broadband Capital, and Temasek Holdings among its investors, has filed for an IPO in the US.
Yonghe Medical Group, a Chinese hair healthcare specialist best known for hair transplants, is targeting a Hong Kong IPO. Its largest external shareholder is CPE, formerly CITIC Private Equity.