Play Ventures, a Singapore-based VC firm focused on gaming start-ups in Europe, Asia, and North America, has closed its debut fund at $40 million.
Legend Capital has absorbed lessons from its corporate sponsor to build a diversified investment business across the US dollar and renminbi spaces. It is now trying to take LP relations to a new level
East Ventures has closed its sixth fund for early-stage Southeast Asian start-ups at $75 million. It had initially targeted $30 million.
Vulcan Capital, a US-based venture investor set up by Microsoft co-founder Paul Allen, has opened a Singapore office and earmarked $100 million for investment in Southeast Asia.
Kotak Mahindra Group hopes his longstanding experience in financial services will serve as a differentiator as it looks for deals in India's increasingly popular distressed space
01VC has secured institutional LP support for its second fund, which closed at $100 million. The early-stage investor plans to deploy it across industrial and enterprise deals in China and Southeast Asia
SSG Capital Partners expects to source distressed assets from a wider variety of sellers – including other alternative investment firms and investment banks – during the life of its fifth Asia fund, which is on track to exceed its target of $1.5 billion.
The Kotak Special Situations Fund, which is sponsored by an alternative assets arm of Kotak Mahindra Group focused on Indian non-performing loans (NPLs), has reached a final close of $1 billion.
China’s 01 Venture Capital (01VC) has closed its second US dollar-denominated fund for early-stage investments with $100 million in commitments.
Ou Wang, the former head of private equity for China Investment Corporation (CIC), has joined China Renaissance Holdings as a strategy consultant. He has also joined the board of Huajing Securities, the firm’s mainland China-focused investment banking...
Erika Cheung, who helped bring the fraud at Theranos to the attention of regulators, discusses her current role as an advisor at Hong Kong accelerator Betatron and the challenges faced by women entrepreneurs
Invest2Innovate, an accelerator program for technology start-ups in emerging markets, has launched a $15 million venture capital fund focused on Pakistan.
CITIC Capital has closed its fourth China buyout fund at the hard cap of $2.8 billion. It is the private equity firm’s largest fund raised to date.
AustralianSuper and Ontario Teachers’ Pension Plan (OTPP) have agreed to commit up to $1 billion each to the National Investment & Infrastructure Fund (NIIF), a vehicle backed by the Indian government.
Beijing-based investment firm Venturous has merged Lioncrest Global, which specializes in bringing deals to high net worth individuals and family offices, to raise a $200 million fund that will focus on smart cities in China.
India’s Alteria Capital closes its debut fund with about $140 million in commitments and a plan to provide venture debt at later stages. Ecosystem creation is a guiding objective
Joy Capital has collected $718 million for its latest set of US dollar-denominated funds, closing its third venture vehicle at $391 million and securing $327 million for a debut growth fund.
Media Super has distinguished itself among larger competitors in Australia by maintaining substantial exposure to alternatives. PE is fading from the allocation mix but VC beckons
Ascendent Capital Partners has reached a first close of approximately $700 million on its third China fund, which will follow the existing strategy of building a relatively concentrated portfolio of minority and control investments.
Alteria Capital, an Indian venture debt firm established by InnoVen Capital co-founders Ajay Hattangdi and Vinod Murali, has closed its debut fund at INR9.6 billion ($140 million), beating the INR8 billion target.
China Renaissance has closed the third renminbi-denominated fund raised under its flagship Huaxing Growth Capital arm with more than RMB6.5 billion ($943 million) in commitments.
SAIC Capital, an investment manager controlled by Chinese automaker SAIC Motor, has raised a RMB1 billion ($145 million) fund that will target deals throughout the automotive industry supply chain.
SoftBank Group is set to establish its second Vision Fund focused on artificial intelligence (AI) with about $108 billion in initial commitments.
KKR expects to begin raising its fourth Asian fund within the next 18 months as its three largest vehicles globally all come back to market.