China-headquartered Asian Infrastructure Investment Bank (AIIB) is set to anchor two private equity funds, including an energy-focused vehicle, with a total commitment of $125 million.
Australia’s Blackbird Ventures has completed a GP-led secondary transaction whereby StepStone Global and HESTA have acquired interests from its debut fund for approximately A$100 million ($69 million).
Shanghai Kechow Pharma, a Chinese small molecule targeted drug developer, has raised a $45 million Series C round led by Decheng Capital.
Baibu, a Chinese B2B trading and services platform for the textiles and fabrics industry, has raised a $300 million Series D round led by DST Global.
Temasek Holdings-owned Azalea Asset Management previously used debt structures to give high net worth investors PE exposure. Its $650 million fund-of-funds is the firm’s first direct equity offering
CHAMP Private Equity became CPE Capital earlier this year, following a leadership transition. The Australian GP has also refined its middle market investment strategy, emphasizing functional expertise
India’s 3one4 Capital has closed its latest venture capital fund with INR4 billion ($57 million) in commitments and raised INR450 million for seed investment vehicle.
Chinese commercial space launch service provider LandSpace has raised a RMB500 million ($71 million) Series C led by the VC arm of Hong Kong-listed property developer Country Garden.
UniSA Ventures, a tech commercialization unit of the University of South Australia, has secured A$45 million ($31 million) from a group of Chinese investors for an Australia-focused biotechnology fund.
Vertex Ventures, a VC arm of Singapore’s Temasek Holdings, has received commitments of $180 million from Japanese investors for a fund-of-funds that will support its global portfolio of VC vehicles.
China-focused private equity firm Centurium Capital is back in the market looking to raise $2.5 billion for its second US dollar-denominated fund, barely six months after reaching a final close on its first.
Apis Partners has closed its second emerging markets-focused financial services and technology fund at the revised hard cap of $563 million. The initial target was $400 million.
Canada Pension Plan Investment Board (CPPIB) has agreed to invest up to $600 million in NIIF Master Fund, a rupee-denominated infrastructure vehicle anchored by the Indian government.
Circulate Capital, a Singapore-based investor dedicated to stemming plastic waste pollution in South and Southeast Asia, has reached a first close of $106 million for an ocean protection fund.
US-based logistics and supply chain investor Prologis has established a $1.7 billion China fund as part of a broader country expansion.
The Asian Infrastructure Investment Bank (AIIB) and Clifford Capital, a Singaporean infrastructure investor, have jointly launched an approximately $2 billion debt platform.
Accel Partners has closed its fifth early-stage India venture capital fund with $550 million in commitments.
GLP, a private equity-owned warehouse operator based in Singapore, has set up a China logistics fund at RMB15 billion ($2.1 billion).
IFC has proposed to invest up to $30 million in the latest fund from Vietnam-based private equity firm Mekong Capital.
China’s Loyal Valley Capital has closed its second US dollar-denominated fund at $465 million. The target was $400 million with a hard cap of $440 million.
FEBE Ventures, a Vietnam-based early-stage investor set up earlier this year, has launched a $25 million for targeting local and cross-border technology start-ups.
Japanese private equity firm J-Star has closed its fourth middle-market fund at the hard cap of JPY48.5 billion ($433 million), up from JPY32.5 billion in the previous vintage.
The Australian government has launched a A$540 million ($365 million) growth fund to support small and medium-sized enterprises (SMEs), with commitments coming from the country's largest banks.
Increased deal flow towards the top end of India’s private equity market is stretching the capacity of mid-tier local managers. What are the implications for co-investment and fund size?