Natixis Investment Managers is leveraging a novel affiliate-manager structure to grow fund exposure in Asia in a sustainable way. Alternatives, and increasingly private equity, are driving much of the progress
Chinese travel platform Mafengwo has raised $250 million in a round of funding led by Tencent Holdings.
Hong Kong-based smart phone operating system provider KaiOs Technologies has raised a $50 million Series B round led by Cathay Innovation, a VC affiliate of Cathay Capital Private Equity.
Capital has poured into China’s online education sector in recent years, but with losses mounting and valuations called into question, investors are finding that not all business models are created equal
China-based Zuodashi, which provides digital solutions and food accompaniments to restaurant delivery businesses, has raised RMB100 million ($14 million) in Series A round led by Hua Gai Capital.
Sanjieke, a China-based vocational training services provider, has raised an RMB130 million ($19 million) in a Series B round of funding led by Wu Capital.
China’s second largest coffee chain Luckin Coffee, which counts Centurium Capital and Joy Capital among its private equity investors, surged around 20% on its US debut following a $561 million IPO.
Qiming Venture Partners has led a Series B round of nearly RMB100 million ($14 million) for Shanghai-based private hospital chain operator SinoUnited Health.
China-based Little Bear Rental, which provides IT equipment services to corporates, has raised hundreds of millions of renminbi (over $14 million) in a Series B round of funding led by the Small & Medium-Sized Enterprises Development Fund - a government...
Insignia Ventures Partners has joined a $25.5 million seed round for YouTrip, a Hong Kong-based financial technology company focused on travelers in Singapore.
Kr Space, a China-based co-working space operator, has received RMB1 billion ($145 million) in a new round led by existing investor IDG Capital and new backers Gopher Asset Management and Yixing Capital.
The bulk of the L Capital Asia team that merged with Catterton in 2016 to form L Catterton, a global consumer-focused private equity firm, is spinning out to raise a $750 million Asia growth fund.
Hong Kong-based OneDegree, an insurance technology start-up, has raised over $30 million for its Series A led by financial technology-focused investment firm BitRock Capital.
Hong Kong-based secondaries specialist TR Capital is seeking to raise $300 million for its fourth private equity fund.
A group including CITIC Private Equity, CICC Capital and Baring Private Equity Asia has agreed to invest $1 billion in the healthcare unit of Chinese e-commerce giant JD.com, acquiring a combined stake of 14.5%.
Growing fund sizes in certain Asian markets are redefining what constitutes a middle-market GP. Are these managers evolving alongside the opportunity set or careering dangerously outside of their sweet spot?
CDIB Capital is backing VHQ China to leverage the growing demand for visual effects in China's domestic movie and TV production industry
MGI Tech, a Chinese manufacturer of equipment used in gene sequencing, has raised $200 million in funding led by Goldstone Investment, the PE arm under CITIC Securities, Green Pine Capital Partners and Orient Securities Capital Investment.
Beidian, a Chinese membership-only social e-commerce website, has raised RMB860 million ($126 million) from a group including Hillhouse Capital and Sequoia China Capital.
Baijiahulian, a Chinese online education platform that provides after-school tutoring services for primary and secondary school students, has filed for a US IPO. The company’s backers include Gaorong Capital.
Hiscene, a China-based manufacturer of augmented reality (AR) glasses and communication systems that also goes by the name Liangfengtai, has raised RMB120 million ($17 million) in an extended Series B round of funding.
Chinese artificial intelligence (AI) developer Megvii Technology has raised $750 million in Series D funding led by Bank of China Group Investment. It brings the company’s valuation to around $4 billion.
Buy-and-build strategies, a mainstay of the PE toolkit in developed markets, are gaining exposure in emerging Asia’s healthcare sector. Proving a viable exit path will be the key to widespread adoption
China-based third-party car rental platform Zuzuche has received Series C funding from Qiming Venture Partners.