Matrix Partners has raised $300 million for its third India-focused venture capital fund, which will back companies in sectors including consumer and enterprise technology and financial technology.
Silicon Valley-based seed-stage accelerator Y Combinator (YC) has chosen Qi Lu, the former group president and COO of search giant Baidu, as the founding CEO of its China branch, YC China.
Sino-US venture capital firm GGV Capital is targeting $1.88 billion for its latest fund, which like its previous fund is grouped into four separate vehicles.
Southeast Asia-focused VC firm Openspace Ventures – best known for being the first institutional investor in Indonesian ride-hailing and delivery platform Go-Jek – has closed its second fund at the hard cap of $135 million.
Crescendo Equity Partners, a mid-market Korean GP that concentrates on the industrial technology space, has closed its second fund at the hard cap of KRW450 billion ($398 million).
Singapore’s Golden Gate Ventures has launched a cryptocurrency and blockchain fund in partnership with LuneX Ventures, a new firm established by Kenrick Drijkoningen (pictured), Golden Gate’s former head of growth.
Chinese private equity firm GSR Capital has agreed to invest up to $405 million in US-listed online retailer Overstock.com and its financial technology subsidiary tZero through three separate transactions.
Yunfeng Capital, a Chinese private equity firm established by Jack Ma and David Yu, founders of Alibaba Group and Target Media, respectively, has raised $2.5 billion for its third US dollar-denominated fund.
Keppel Capital, the asset management arm of Singapore-based Keppel Corporation, has partnered with Australia-listed property developer Vicinity Centres to launch an investment fund targeting assets in Australia’s retail sector.
Australia’s OneVentures has partnered with Israel-based Viola Credit to launch a A$100 million ($74 million) venture debt fund that is said to be the first vehicle of its kind in Australia.
BGH, the Australia and New Zealand-focused private equity firm set up by former TPG Capital Asia co-head Ben Gray, has hired Jonathan Chamberlain, a managing director at The Blackstone Group, as a partner.
Capria Ventures, a US impact investor sponsored by Unitus, has launched a $100 million fund that will focus in part on developing regions within Asia.
Australia’s Future Fund is responding to disruption by investing in venture capital, factoring technology risk into investment decision making, and upgrading internal systems. CIO Raphael Arndt explains the rationale behind this approach
Sing Wang (pictured), who was formerly co-chairman of Greater China at TPG Capital and head of TPG Growth in North Asia, is looking to raise up to $230 million for a blank check company through the US capital markets.
Blackbird Ventures has closed its third Australian VC fund with A$261 million ($193 million) in commitments, split between a core investment vehicle and a top-up fund.
Keppel Capital, the asset management arm of Singapore-based Keppel Corporation, will launch an investment fund focused on education assets alongside Singapore-based preschool operator MindChamps.
CVC Capital Partners will launch its fifth pan-Asian fund in September with a target of $4 billion. The private equity firm closed its previous regional vehicle at $3.5 billion in May 2014.
Korea’s Public Officials Benefit Association is expanding its private equity exposure and global footprint. Maintaining this diversification within the firm’s traditional risk profile requires a gradual approach
China’s Long Hill Capital scales up with its latest VC fund with strong support from new and existing LPs. Sector specialization has helped underpin much of the progress
Baring Private Equity Asia has reached a first close of $4.5 billion on its seventh pan-regional fund after approximately five months in the market.
Beyond Ventures has been named as a co-investment partner for the Innovation & Technology Venture Fund (ITVF), a vehicle launched by the Hong Kong government to encourage private investment in local technology start-ups.
China Creation Ventures (CCV), a venture capital firm established by the technology, media and telecom (TMT) team at KPCB, has closed its debut fund with nearly $200 million in commitments.
China-focused Long Hill Capital has reached a final close of $265 million on its second US dollar-denominated VC fund as well as a first close of about $30 million for its first renminbi vehicle.
Denham Capital's new fund is intended to grow the GP's exposure to mining assets in Australia and other markets, while giving LPs more freedom to set their own sector allocations