Private equity’s increasing politicization globally and its expanding role in economies across Asia has put pressure on industry networking associations to do more in terms of public engagement
From Taylor Swift taking aim at The Carlyle Group for backing the acquisition of her former music label – which she accuses of barring her from singing certain songs – to Senator Elizabeth Warren promising...
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.