Fund formation
The Founders Fund plans Australian startup fund
US venture capital firm The Founders Fund is reportedly planning to create a vehicle which will invest in Australia-based startup companies.
Ex-Temasek exec launches Kedaara Capital with CD&R
Manish Kejriwal, the former head of Temasek India, is said to be counting Clayton, Dubilier and Rice (CD&R) among the investors of his new fund manager, Kedaara Capital.
J.P. Morgan gets green light for $1b RMB fund
J.P. Morgan Asset Management has reportedly won approval from the Beijing government to launch a $1 billion renminbi-denominated fund.
New Hope to establish $200m food fund
New Hope Group, the largest animal feed producer in China, has announced plans to establish a $200 million overseas fund to invest in food-related businesses.
Infinity links with Harbin government to invest in Israeli tech companies
Infinity Group, an Israel-based private equity firm created by China Development Bank and Israeli conglomerate IDB Group, has agreed to invest $10 million in 10 Israeli technology companies alongside the local government of Harbin.
Fund formation: Singapore asserts its onshore qualities
Asia-focused private equity players from the likes of India and Australia are becoming fans of Singapore’s tax-efficient offshore structures