Noah Holdings
Chinese food-ordering platform Ele.me raises $630m
Ele.me, a Chinese online food-ordering platform, has raised $630 million from a combination of new and existing investors. The investment reportedly values the business at more than $3 billion.
Renminbi secondaries: An underpenetrated market
Plenty of Chinese high net worth individuals want to sell LP interests in renminbi funds. Local and foreign secondaries managers would like to take advantage, but they are held back by an immature market
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...
Lightspeed leads Series B round for China P2P lender PPDai
Lightspeed China Partners has led a Series B round of funding for PPDai, which claims to be China’s first and largest peer-to-peer lending (P2P) platform. Other investors include Sequoia Capital and US-listed wealth management firm Noah Holdings.
RMB fund-of-funds: Patience is a virtue
As some global fund-of-funds struggle to raise funds, their renminbi counterparts are struggling to find a purpose – government-backed vehicles excepted. A more mature LP base should bring more demand
Noah's Gopher in $80m first close on China secondaries fund
Gopher Asset Management, the private equity arm of NASDAQ-listed Noah holdings, has reached a first close of RMB500 million ($80 million) on its debut China secondaries fund.
Tan-EU Capital acquires Chinese retail site
SOTAN China Real Estate I, the $400 million fund co-managed by Hong Kong-based real estate private equity firm Tan-EU Capital, has made its first China investment.
Noah launches China real estate fund
China's rapid economic expansion over the past decade has created a large pool of millionaires but onshore investment options remain limited. Those keen to avoid negative real interest on bank deposits, have traditionally put their money into stocks (at...
Noah eyes $2.8b China real estate fund
Noah Holdings, the Shanghai-headquartered third-party financial advisory company, is seeking to launch a real estate fund worth as much as RMB18 billion ($2.85 billion). It will target cash-strapped developers who are seeking new sources of funding.