Sequoia Capital China and Coatue Management have a led a $70 million Series C round of funding for Yunquna, an online logistics services platform for the shipping industry.
Recent appointments by two Asian GPs - Everstone Group and Legend Capital - offer insights into how smaller managers are trying to forge meaningful relationships with large institutional investors
GSX Techedu, operator of Chinese online education platform Baijiahulian, raised $207.9 million in its US IPO, but a flat first day of trading was followed by a 4.6% decline on day two.
CMC Capital Partners has led a Series B round of more than RMB100 million ($15 million) for Neobio, a Chinese operator of children’s play centers.
The Russian Direct Investment Fund (RDIF) has entered into two technology-related ventures, partnering with China Investment Corporation (CIC) on an innovation fund and teaming up with Alibaba Group among others to create a social commerce platform.
Hillhouse Capital has acquired Scotland-based whisky producer Loch Lomond Group with a view to helping the company expand its presence in Asia.
Advent International has closed its latest global fund at the hard cap of $17.5 billion, completing its largest-ever fundraising exercise in the space of six months.
Joy Capital is seeking $350 million for its third China-focused venture capital fund, which would take the four-year-old firm’s assets under management past the $1 billion mark.
Shanghai-based biopharmaceutical company EpimAb Biotherapeutics has raised a $74 million Series B round led by SDIC Fund Management and healthcare specialist Sherpa Healthcare Partners.
An investment platform owned by the Beijing Changping regional government has committed RMB204 million ($30 million) to a partnership with Origin Agritech that will commercialize genetically modified corn seeds.
Sinovation Ventures has raised RMB2.5 billion ($362 million) for a fund that will focus on artificial intelligence (AI), big data and related areas. The final close was announced at the unveiling of the firm’s Greater Bay Area (GBA) headquarters in...
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China-based electric vehicle (EV) maker Bordrin Motor has raised RMB2.5 billion ($362 million) in a new funding round that featured Yin An Capital, the investment arm of Sinochem International.
Mabpharm, a China-based biopharmaceutical company backed by CDH Investments, saw its stock drop almost 20% on debut following a HK$1.23 billion ($157 million) IPO in Hong Kong.
Trade tensions between China and the US have held back private equity fundraising in recent months, but industry participants are also considering the long-term challenges – and opportunities – of a schism between the world’s two largest economies.
Chinese financial technology start-up Wiseco Technology, which provides big data-powered risk control and debt collection services, has raised RMB650 million ($94 million) in a Series A round led by Huading Capital and Sino Ocean Group.
Hong Kong-based KaiOS Technologies has secured a $50 million Series B round for an expansion plan targeting what could be the mobile telecommunication industry’s most underserved segment
CMB International Capital has led a RMB100 million ($14 million) Series A round of funding for Robosen, a Chinese smart robot manufacturer. Yu Hu, co-CEO of local voice recognition software developer iFlytek also took part.
All China consumer deals are now technology deals, but investors must back up this positioning with meaningful value-add capabilities in areas such as digital marketing and data analytics or risk being accused of embellishing a technology thesis for the...
Warburg Pincus is targeting $4.25 billion for its second China companion fund, having officially added Southeast Asia to the mandate. The previous companion fund closed at $2 billion in late 2016 after three months in the market.
Chinese venture capital firm Legend Capital has appointed Asia PE industry veteran Piau-Voon Wang (pictured) as a managing director and COO as part of efforts to institutionalize operations and diversify its LP base.
China’s state-owned Yangtze River Industry Fund and China Information Technologies Group have jointly launched a RMB5 billion ($723 million) fund with a focus on 5G technology.
Frontage Holdings, a China-based contract research organization (CRO), has raised HK$1.61 billion ($205.1 million) in its Hong Kong IPO, having received support from several private equity investors.