Citic Private Equity Funds Management, the PE unit of Citic Securities, has launched its third private equity fund and is aiming to raise RMB12 billion ($1.9 billion). It is expected to target industries including financial services, retail, pharmaceuticals, manufacturing, energy and materials.
The new vehicle will be managed alongside Citic's existing RMB9 billion renminbi-denominated fund and its $1 billion US dollar fund, Reuters reported, citing two people familiar with the firm's plans....
A compilation of India-based IPOs - some of them private equity-backed - that have been withdrawn or appear to have fallen behind schedule
Hesai Technology, a China-based developer of sensors used in autonomous driving, is targeting a US listing. Its investors include Lightspeed China Partners, Baidu, Bosch, and Xiaomi.
Indonesia financial technology start-up iSeller, which helps businesses to digitise sales and operations, has raised USD 12m in Series B funding led by Intudo Ventures.
New Ruipeng Pet Group, a China-based pet care services platform that counts Hillhouse Capital as a significant shareholder, has filed for an IPO in the US.