Japanese financial services group Orix Corp. may allocate up to JPY80 billion ($1 billion) for private equity investments in China’s water, machinery and renewable energy spaces over the next two years, Bloomberg reported.
Orix President Makoto Inoue told the newswire that the company will target infrastructure-related companies in areas such as sewage treatment and solar-power plants, and will similarly buy aircraft and...
Japanese venture capital firm Globis Capital Partners has raised JPY36 billion ($321 million) for its sixth fund. The overall target of JPY37.5 billion is expected to be reached by June.
A TPG Capital-led consortium will acquire a 30% stake in APM Monaco, a jewelry brand that was established in Europe nearly 40 years ago and now has its largest retail footprint in China.
RHL Ventures has launched a MYR100 million ($24.2 million) fund focused on small to medium-sized enterprises (SME) with a cornerstone investment from government-owned SME Corp Malaysia.
Chinese coffee shop chain Luckin Coffee has raised $150 million in an extended Series B round at a valuation of $2.9 billion. It was led by BlackRock, which committed $125 million to the deal.