What industry participants had to say at AVCJ events on co-investment, technology opportunities in Vietnam, what LPs want to hear from GPs, Indian buyouts, long-dated funds, and late-stage deals in China deployment during times of uncertainty, responding to technological disruption, spin-outs in China, portfolio diversification, and VC exits
CO-INVESTMENT “When we moved to a more direct strategy, we were a relatively small investor from Australia trying to get into some access constrained opportunities. We were selling our prospects as...
Luckin Coffee, a PE-backed Chinese coffee shop chain that went public in the US last year, has admitted that RMB2.2 billion ($310 million) worth of sales booked in 2019 were fabricated.
4Paradigm, a Chinese artificial intelligence (AI) start-up, has raised about $80 million in an extended Series C round, bringing its valuation to more than $2 billion.
CVC Capital Partners has closed its fifth Asia fund at the hard cap of $4.5 billion. The firm said the step up from $3.5 billion for Fund IV reflects an expansion in its regional investment capabilities.
Consumer-focused private equity firm L Catterton Asia has confirmed a significant investment of undisclosed size in Japanese cosmetics brand Etvos.