Chris Ailman, CIO of California State Teachers’ Retirement System (CalSTRS), discusses why – and how – private equity managers should be placing greater emphasis on diversity
EDBI, the investment arm of Singapore’s Economic Development Board, has joined an $89 million Series C round for US agricultural technology developer Inari.
Wish, a US-based cross-border e-commerce app backed by several Asian investors, has achieved a valuation of $11.2 billion following a Series H round led by General Atlantic.
The Philippines’ Jollibee Foods is set to buy US cafe chain The Coffee Bean & Tea Leaf to continue a massive Asian expansion effort. Exiting investor CDIB Capital attests to the opportunity set
XIO Group, a cross-border PE firm established by several Asia-based investment professionals, has agreed to sell market research business J.D. Power to technology-focused GP Thoma Bravo.
Norwest Venture Partners has led a $40 million Series C round for MindTickle, an online sales enablement platform based in India and the US.
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.
Advent International, CDIB Capital and Mirae Asset Private Equity are set to exit US-based cafe chain The Coffee Bean & Tea Leaf after the Philippines’ Jollibee Foods agreed to pay $350 million for the company.
The winners from a widely anticipated shakeout in global credit markets will be defined by different qualities. Direct lenders expect size to be a decisive factor, while distress players prioritize nimbleness
Chinese venture capital firms and strategic investors have found their path to US tech start-ups barred by new regulations. It is possible to find a way around, but it requires compromise
US-India cross-border deals present a tempting opportunity for Indian GPs, but managing investments in another market requires careful use of resources and a level of commitment that not all firms can match
Evidence is mounting that US and Chinese ecosystems for advanced technologies are careening toward an antagonistic decoupling. Investors are philosophical and pragmatic
The China-US trade war appears set to enter new territory as legislators contemplate financial sector clampdowns including stock exchange listing restrictions. Investors are bracing for the worst
China’s 6 Dimensions Capital and Yonghua Capital have joined a $22 million Series C round for US-based Ultivue that will help the medical technology developer expand into Asia.
Trax, a Singapore-based developer of retail computer vision and analytics solutions with several private equity backers, has acquired US-based shopping rewards app developer Shopkick for an undisclosed amount.
Druva, a provider of cloud data protection and management services founded in India, has raised a $130 million investment led by Viking Global Investors.
Cathay Innovation, the venture affiliate of middle-market focused Cathay Capital Private Equity, has reached a first close of EUR320 million ($358 million) on its second fund targeting start-ups in China, Europe, and North America.
A Ripplewood Holdings-led consortium broke new ground for private equity with the turnaround of Long-Term Credit Bank of Japan. CEO Tim Collins explains why he boldly goes where others fear to tread
Hexaware Technologies, an Indian IT services company majority-owned by Baring Private Equity Asia, has acquired US-based digital consultancy firm Mobiquity for a total consideration of $182 million.
NAB Ventures, a unit of National Australia Bank (NAB), is set for its debut exit via a deal that will see US tax services giant H&R Block acquire Canada’s Wave Financial for about $400 million.
Paul Sanford, CIO of credit-focused impact investment firm TriLinc Global, explains why Southeast Asia has proved a challenging market and how he is preparing for a spike in institutional investor interest
US and China-focused healthcare investor Vivo Capital has raised $1.28 billion for its ninth private equity fund. The predecessor vehicle closed at $750 million in 2015.
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.
Two Hong Kong investors will commit $100 million to a digital token offering by Proxima Media, a Hollywood production house established by Ryan Kavanaugh, who previously worked with SAIF Partners and IDG Capital on a China-focused film venture.