Shanghai-based cancer drug developer HaiHe Biopharma has raised $146.6 million in a funding round led by Chinese private equity firm Huagai Capital.
J-Will Partners has won board support for its proposed acquisition of ND Sofware, a Japanese software developer that serves the healthcare sector, through a tender offer at a valuation of JPY29.9 billion ($272 million).
Mancando, an automotive parts supplier based in Guangdong province, has raised RMB170 million ($25 million) in Series A funding led by Eastern Bell Venture Capital, with participation from Legend Capital.
1955 Capital, a cross-border PE firm that invests in US and European technologies with application potential in Asia, has led a $33 million Series A round for edible protein developer Sustainable Bioproducts.
IDG Capital and Lilly Asia Ventures (LAV) have joined a $10 million investment in EdiGene, a developer of genetics-based therapies based in Beijing.
CVC Capital Partners has agreed to sell Hitowa Holdings, a Japan-based provider of cleaning, assisted living and childcare support services, to Polaris Private Equity.
TPG Growth, the mid-market investment platform of TPG Capital, has invested $30 million in Indian pharmaceutical ingredient maker Solara Active Pharma.
The Blackstone Group has agreed to buy Indian affordable housing lender Aadhar Housing Finance for a reported INR27 billion ($378 million).
Google, JD.com and Tencent Holdings are among the returning investors in the first phase of the Series F round for Indonesia-based ride-hailing and delivery platform Go-Jek, which amounts to around $1 billion.
Australia-listed hospital operator Healthscope has agreed to a take-private offer by Brookfield Asset Management that values the company at A$4.38 billion ($3.17 billion) on an equity basis, rejecting a competing offer from a consortium led by BGH Capital.
Thai retail conglomerate Central Group has agreed to invest $200 million in ride-hailing and online-to-offline (O2O) services platform Grab, adding to the list of strategic players that have backed the Southeast Asia company in the past year.
Korean middle market investor Orchestra Private Equity has completed the KRW122 billion ($109 million) acquisition of Hong International, the largest global manufacturer of electronic darts machines.
Ashish Life Science, an Indian producer of generic pharmaceuticals for the international veterinary market, has raised a INR450 million ($6.3 million) Series A round led by Eight Roads Ventures India.
Addressing Chinese demand was central to QIC’s acquisition of cattle breeder North Australian Pastoral, but the company has repositioned itself in response to changing patterns of consumption in global beef markets
Shanghai-based Nasn Automotive, a manufacturer of vehicle wiring and brake systems, has raised RMB400 million ($60 million) in a Series B round of funding led by Matrix Partners China.
Ningbo-based industrial hazardous waste processor Nuoke Huanjing Keji has raised RMB250 million ($37.2 million) in a Series A round of funding participated by US-China Green Fund and Avic Trust.
Bahrain-listed asset management firm Investcorp has made its first direct investment in India, acquiring the private equity and real estate investment businesses of IDFC Alternatives, the alternative asset investment arm of IDFC Group.
Federation Asset Management – a group headed by the former head of Macquarie Capital’s principal investment division in Australia and New Zealand – has led a A$20 million ($14.5 million) Series B for Australian courier services player Sendle.
Chang Guang Satellite Technology, a China-based commercial satellite developer, has raised RMB250 million ($37 million) in angel funding, underlining growing investor interest in space-related technology.
Recent troubles in China’s autonomous driving space highlight the challenges venture capital investors face in picking the right founders to back and then managing those relationships in a productive way
Advent International recognized BioDuro as a company uniquely positioned to leverage growth in pharmaceutical R&D outsourcing in China and the US
Shenzhen-based Zhunshida, or Jusida, a logistics spin-out from Foxconn International, has raised RMB2.4 billion ($355.8 million) in Series A funding led by China Life Insurance.
Asian private equity investor LionRock Capital has agreed to buy a minority stake in Italian football club Internazionale Milano (Inter Milan), which has been controlled by Chinese electronics retailer Suning since 2016.
Accel-KKR, a US-based private equity firm created by Accel Partners and KKR, has invested A$22.5 million ($16.1 million) in Australian workforce management solutions provider Humanforce.