PAG has agreed to invest $300 million in LexinFintech, a US-listed financial technology platform provider based in China.
Mithril Capital, a US-based VC firm launched by PayPal co-founder Peter Thiel, has invested $45 million in Glance, an Indian smart phone media service provider.
A consortium led by Singapore’s GIC Private has agreed to invest $500 million in VCM Services, a consumer retail division of Vingroup, Vietnam’s largest conglomerate.
Sky9 Capital, a VC firm established by former Lightspeed China executive Ron Cao, has closed its second venture fund at $321 million and also raised $119 million for a growth vehicle.
Advent International has agreed to acquire a 67.9% stake in Indian snacks manufacturer DFM Foods from investors including WestBridge Capital for INR8.52 billion ($118.7 million). It has made an open offer to buy a further 26% of the company for INR3.26...
Canada Pension Plan Investment Board (CPPIB) has confirmed it has invested $115 million in Indian e-commerce logistics services provider Delhivery.
From Adidas to Li Ning, sportswear brands are expanding aggressively in China. Recent Partners Group acquisition BCR Group is among the leaders in a $2 billion industry that furnishes new stores
Singapore’s Temasek Holdings has launched a $50 million fund focused on early-stage logistics technology start-ups alongside Switzerland supply chain industry giant Kuehne + Nagel.
Boyu Capital has led a $300 million Series A round of funding in Cjia.com, a serviced apartment brand created by Huazhu Hotels Group and IDG Capital.
Facial recognition specialist Megvii is leading the integration of artificial intelligence into daily life in China. As business details come to light, investor concerns around this process are crystalizing
Legend Capital has led a $100 million investment in Tongcheng Life, a social e-commerce business incubated by Hong Kong-listed online travel agency Tongcheng-Elong.
NetEase Cloud Music, one of China's largest music streaming platforms, has secured a $700 million investment from Alibaba Group and Yunfeng Capital, a private equity firm established by Alibaba founder Jack Ma.
Australia’s Quadrant Private Equity has agreed to acquire a majority interest Love To Dream, a domestic baby care brand focused on swaddles and sleepwear.
Metro Pacific Hospitals Holdings (MPHH), a unit of Philippines-based conglomerate Metro Pacific Investments Corp. (MPIC), has filed for a domestic IPO. GIC is a minority shareholder in the business.
Tencent Holdings has committed $120m in Series E funding to Xiaoshouyi, a Chinese customer relationship management (CRM) software provider that has several VC backers.
Queensland Investment Corporation (QIC) has agreed to acquire 100% of Australian marine logistics provider Sea Swift, facilitating exits for CHAMP Ventures and HarbourVest Partners.
Consortiums led by Hopu Investment and Hillhouse Capital are competing for a 15% interest in Gree Electric Appliances against a backdrop of tensions between the Chinese company's CEO and its state-owned parent.
Wei Zhou, founder of China Creation Ventures, turned a mid-career pitstop and a fateful encounter in the US into a bridge between his early work as a technologist and his ultimate calling as an investor
KKR has acquired a majority stake in Indian education services provider EuroKids International, facilitating a full exit for local GP Gaja Capital with a 6x return.
The success of Pinduoduo drew dozens of companies – start-ups and established retailers – into China’s social e-commerce space. Investors are now looking for new twists on the model, or just looking elsewhere
PAG has agreed to pay RMB3.8 billion ($532 million) for a 58% stake in a biotech unit of Zhejiang Hisun Pharmaceutical. It is being called the largest PE investment in China’s biotech space to date.
Permira bought aircraft parts distributor Topcast Aviation Suppliers in expectation of robust business growth as Asian fleets increase in size and age. Further upside could come through consolidation
US venture debt provider Partners for Growth (PFC) has completed its first deal in Indonesia – and one of its largest in Asia Pacific – by extending a $20 million credit line to digital credit start-up Kredivo.
Quan Capital, a healthcare-focused venture capital firm established by the founder of US-listed Chinese drug developer Zai Lab, has closed its second fund with $275 million in commitments.