General Atlantic
General Atlantic invests $130m in Indian hospital operator
General Atlantic has committed $130 million to Krishna Institute of Medical Sciences (KIMS), a South India-based hospital chain that has been approved for an IPO. The company is also backed by ICICI Venture.
Ward Ferry, General Atlantic to join $109m round for India's IIFL Wealth
General Atlantic and Hong Kong-based PE firm Ward Ferry have agreed to join a INR7.5 billion ($109 million) investment in IIFL Wealth Management, a subsidiary of India’s IIFL Holdings.
China's Ant Financial closes $14b Series C round
Ant Financial, Alibaba Group’s financial services affiliate, has raised $14 billion in Series C funding from investors including GIC Private, Warburg Pincus, The Carlyle Group, Silver Lake, and Canada Pension Plan Investment Board (CPPIB).
China’s Toutiao acquires VC-backed selfie app Faceu
Chinese private equity-backed online content platform Toutiao has acquired Faceu, a camera app that has received funding from IDG Capital and Lightspeed China Partners.
China apartment rental firm Ziroom raises $621m
Ziroom, a Chinese apartment rental service provider, has raised a RMB4 billion ($621 million) Series A round of funding led by Warburg Pincus, Sequoia Capital, and Tencent Holdings.
The crystal ball: Predictions for 2018
From China to Australia and secondaries to venture debt, industry participants share their perspectives on the year to come for fundraising, investments and exits
Chinese travel platform Mafengwo secures $133m Series D
Chinese travel services platform Mafengwo has raised $133 million Series D round from new investors including Ocean Link, General Atlantic, Temasek Holdings, Yuantai Investment, and Hopu Investment.
General Atlantic promotes SE Asia head to managing director
Wai Hoong Fock, who leads General Atlantic’s Southeast Asia business, has been promoted to managing director.
China's Bytedance to acquire VC-backed Musical.ly
Beijing Bytedance Technology, the parent company of Chinese news aggregator Toutiao, has agreed to acquire Musical.ly, a VC-backed short video social networking platform.
GA hires ex-Actis Asia IR head to spur capital partnering
General Atlantic (GA) has hired Pamela Fang, formerly head of Actis' investor development group in Asia, as a managing director to lead its capital partnering efforts in Asia.
SE Asia's Sea hikes IPO price, raises $884m
Singapore-headquartered mobile internet and gaming platform Sea has raised $884 million in its US IPO after increasing the offer price and size.
Singapore's Sea to raise up to $800m in US IPO
Singapore-headquartered mobile internet and gaming platform Sea aims to raise up to $800 million in its upcoming IPO on the New York Stock Exchange.
China Renaissance recruits ex-GA executive for PE unit
China Renaissance Group has appointed Ke Wei, formerly a managing director at General Atlantic (GA), as a partner in its private equity investment platform, known as the New Economy Fund.
Singapore’s Sea files for US IPO
Sea, the Singapore-headquartered mobile internet and gaming platform formerly known as Garena, has filed to list on the New York Stock Exchange.
General Atlantic hires ex-ambassador to boost SE Asia coverage
General Atlantic has named its second Asia-based special advisor in a month with the appointment of John A. Prasetio (pictured) to help develop business opportunities in Southeast Asia, with a particular focus on Indonesia.
General Atlantic acquires India's Karvy Computershare
General Atlantic has acquired a significant stake in India-based share registry business Karvy Computershare, providing a full exit for Australia-listed Computershare and taking out part of the position held by the company founder.
General Atlantic names ex-HKMA executive as special advisor
General Atlantic has appointed Yong Hak Huh, founder and CEO of First Bridge Strategies and formerly CIO of private markets and direct investment at the Hong Kong Monetary Authority (HKMA), as a special advisor.
General Atlantic promotes two Asia PE professionals
General Atlantic has promoted Mumbai-based Shantanu Rastogi and Hong Kong-based Erin Chang.
General Atlantic backs Indonesia lifestyle retailer
General Atlantic has invested about IDR1.1 trillion ($80.5 million) in a food and beverage unit of diversified Indonesian lifestyle products retailer Mitra Adiperkasa (MAP).
PE-backed PNB Housing Finance gains on debut after $449m IPO
PNB Housing Finance, the mortgage lender subsidiary of India's state-run Punjab National Bank that is backed by The Carlyle Group, closed up 11.35% on its trading debut following a INR30 billion ($449 million) IPO.
Wanderlust: PE taps into China's tourism boom
Ocean Link is China’s first private equity firm dedicated to investing in the travel and tourism industry. Can it successfully leverage an increasingly wealthy, free-spending and far-traveling domestic user base?
General Atlantic, Ctrip back tourism-focused China PE firm
Ocean Link, which claims to be the first PE firm dedicated to investing in China’s travel and tourism sector, has received backing from General Atlantic and domestic online travel agency Ctrip.
General Atlantic appoints Eric Zhang as China head
General Atlantic has recruited Eric Zhang, formerly of The Carlyle Group, as managing director and head of China. He will lead the firm’s investments in growth Chinese companies.
Profile: Garena's Nick Nash
Nick Nash left a career with General Atlantic to work for one of the private equity firm’s portfolio companies. A year later he sees it as one of the best moves he’s ever made