Region
Warburg Pincus invests $200m in China serviced apartment chain
Warburg Pincus has made a follow-on investment in Mofang Gongyu, committing nearly $200 million across two rounds of funding for the Chinese serviced apartment developer.
CalPERS, QIC agree $764m Asia infrastructure partnership
Australia-based QIC has teamed up with California Public Employees' Retirement System (CalPERS) to create a A$1 billion ($764 million) Asia-Pacific focused infrastructure partnership.
Ant Financial launches $160m internet finance fund
Ant Financial Service Group, Alibaba Group’s online financials services affiliate, has launched a RMB1 billion ($160 million) fund to invest in internet and finance companies.
IFC invests $150m in China's Tian Lun Gas
International Finance Corporation (IFC) and its subsidiary IFC Asset Management (AMC) have invested $150 million in Hong Kong-listed gas supplier China Tian Lun Gas Holdings.
Qiming leads $30m round for China internet security firm
Qiming Venture Partners has led a $30 million Series B round of funding for FraudMetrix, a Chinese internet security solutions provider.
US digital payment firm raises $28m for Asia expansion
US-based online payment system developer Ripple Labs is looking to expand in Asia on the back of a $28 million Series A round provided by investors including IDG Capital Partners and AME Cloud Ventures.
Go Scale sets up PE exit of China's Lattice Power
Go Scale Capital has led a transaction whereby a majority stake in its Chinese portfolio company, Lattice Power, has been sold to Shunfeng International Clean Energy (SFCE). The sellers will receive HK$2.04 billion ($263 million) worth of shares in Hong...
IBM, Samurai to launch second Tokyo start-up program
IBM BlueHub - IBM's Japan incubation program - has started taking applications for its second start-up accelerator in partnership with Tokyo-based early-stage investor Samurai Incubate.
IDG joins take-private consortium for China's Sungy Mobile
IDG Capital Partners has thrown its weight behind a management-led bid to privatize NASDAQ-listed Chinese app developer Sungy Mobile. The deal values the company at approximately $155 million.
Tiger Global continues run of Just Dial share sales
Tiger Global continues to exit India-listed online business directory Just Dial, selling a 5.37% stake - half of its remaining 9.18% holding - for INR4.08 billion ($64 million) via an open market transaction.
Orient PE unit bids for China mobile games developer
A private equity unit of Chinese brokerage Orient Securities has submitted a take-private bid for NASDAQ-listed game developer China Mobile Games & Entertainment Group (CMGE).
Tsinghua buys HP's China data-networking business – update
Tsinghua Holdings has agreed to buy a majority stake in Hewlett-Packard's (HP) China-based data-networking business for approximately $2.3 billion.
Sequoia leads $16m Series B round for India's Akosha
Indian customer feedback platform Akosha has raised $16 million in a Series B round led by existing investor Sequoia Capital.
Australia's PE Gateway Group backs messaging service
Australia-based Private Equity Gateway Group (PEGG) has invested in U&Me Communication, a subsidiary of Malaysia’s OM Technology that has developed a mobile messaging platform.
Vietnam's FPT launches venture capital arm
Vietnamese tech group FPT Corporation has launched FPT Ventures, its new venture capital and accelerator unit, which will manage a $3 million fund targeting seed and Series A stage investments.
Tiger Global commits $5m to India tea chain Chaayos
Chaayos, a Delhi-based chain of teahouses, has raised $5 million in Series A funding from Tiger Global. Ola co-founders Bhavish Aggarwal and Ankit Bhati have also invested an undisclosed amount.
China hardware start-ups: Maker's mark
Best known as the go-to location in China for cheap electronics manufacturing, Shenzhen is now emerging as a Silicon Valley for hardware. Can these start-ups get traction with software-focused VCs?
China late-stage tech: Chasing unicorns
Capital is flooding into China-based internet companies, with PE firms, family offices, hedge funds and strategic players all-too-willing to support large, late-stage rounds. Not everyone will emerge a winner
Q&A: Hony Capital's John Zhao
Hony Capital CEO John Zhao expects to see more control opportunities arising from domestic succession planning, cross-border expansion and restructuring. He explains how his firm is preparing the ground
China middle market: Filling the void
A clutch of China GPs now manage funds of $1 billion or more, leaving the traditional middle market space underserved. Those that remain must convince LPs they can deal with a changing opportunity set
Changing China: Economics and private equity
The phrase "new normal" has been used so frequently with regard to China’s economy in recent years that one wonders when it might reach its sell-by date.
Gopher, Hillhouse back Huatai Securities' Hong Kong IPO
A fund managed by Gopher Asset Management, a unit of Chinese wealth management firm Noah Holdings, and Hillhouse Capital Management are among 13 cornerstone investors that have committed HK$14.7 million ($1.9 billion) to Huatai Securities’ Hong Kong IPO....
GGV closes $457m China top-up fund
GGV Capital has raised a $457 million top-up fund for follow-on investments in existing portfolio companies.
Tiantu leads $29m round for online grocery platform FreshMart
China consumer-focused GP Tiantu Capital has led a RMB180 million ($29 million) funding round for Chinese online grocery service FreshMarket.