Having grown its assets under management to $2.5 billion following the close of Fund III, China's CMC Captial Group wants to be seen as more than just a media sector specialist
CMC Capital Group announced a final close of $950 million on its third US dollar-denominated fund just as coronavirus appeared to be coming under control in China but the outbreak was gaining momentum...
PAI Capital, a Hong Kong and London-based asset manager that primarily caters to high net worth individuals (HNWIs), has paid RMB1.45 billion ($212 million) for a 24.22% stake in Vtron Group, a Shenzhen-listed video display systems manufacturer.
Vietnam’s VinaCapital and Japan’s Daiwa PI Partners have sold the remainder of their interest in Vietnamese dairy producer International Dairy Products (IDP).
A consortium led by China Resources Capital (CR Capital) has agreed to acquire a 65% stake in Hong Kong retail and supermarket operator City Super Group.
Indian online used car marketplace Spinny has acquired local counterpart Truebil, setting up several venture capital exits.