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      The reports review the year's local private equity and venture capital activity and are filled with up-to-date data and intelligence on fundraising, investments, exits and M&A. The regional reports also feature information on key companies.

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USA

China's Bona Film forms $150m fund with US-based CAA

Chinese film distributor Bona Film Group, which is backed by a handful of PE and strategic investors, has teamed up with Hollywood talent agency Creative Artists Agency (CAA) to launch a $150 million film fund.

  • Greater China
  • 26 May 2017
Naspers invests $5m in Philippines-based Coins

The venture capital division of South African media firm Naspers has invested $5 million in Coins, a US-founded blockchain and financial technology company operating in the Philippines.

  • Southeast Asia
  • 26 May 2017
Deal focus: Wish scales up cross-border e-commerce

Wish secures an extended Series F round to build out its platform that enables Chinese suppliers to sell cut-price goods to US and European consumers

  • Greater China
  • 24 May 2017
Cross-border e-commerce site Wish raises new round

Wish, a San Francisco-based cross-border e-commerce app backed by several Asian investors, has completed a Series F round led by Everbright-IDG Industrial Fund.

  • Greater China
  • 17 May 2017
Highland closes Asia, US healthcare fund at $147m

Highland Capital Management has raised approximately $147 million for an Asia and North America-focused healthcare fund, having received an anchor LP commitment from South Korea’s National Pension Service (NPS).

  • North Asia
  • 12 May 2017
Tencent backs US music app Smule in Asia push

Chinese internet giant Tencent Holdings has led a $54 million funding round for Smule, a US-based social media music company, to support its expansion in Asia.

  • North America
  • 10 May 2017
China, US-based Sensoro raises $18m Series B

Sensoro, an internet-of-things (IoT) technology supplier based in the US and China, has received an $18 million Series B funding round from Tsing Capital, Sumitomo Corporation and Bosch.

  • Greater China
  • 25 April 2017
AGIC acquires European medical supplier, targets China growth

AGIC Capital has acquired 100% of Slovenia-based medical equipment supplier Fotona as part of a plan to expand operations in Asia with an emphasis on China. The deal will facilitate an exit for US private equity firm The Gores Group.

  • Greater China
  • 21 April 2017
VCs join $400m round for China, US-based EV player

CITIC Securities has led a $400 million funding round - with participation from CDH Investments and National Venture Capital - for China and US-based electric vehicle (EV) supplier Microvast Power Systems.

  • Greater China
  • 20 April 2017
Haiyin Capital, NCET2 form Sino-US VC fund

China's Haiyin Capital and the US-based National Council of Entrepreneurial Tech Transfer (NCET2) have jointly launched a VC fund to provide capital to start-ups formed at American universities.

  • Greater China
  • 20 April 2017
Ant Financial raises offer for PE-backed MoneyGram

Alibaba Group's Ant Financial has raised its takeover bid for US-listed financial services company MoneyGram, topping a competing offer made by US-based Euronet Worldwide last month. The sale will provide an exit for Thomas H. Lee Partners (THL).

  • Greater China
  • 18 April 2017
CMC forms partnership with Hollywood talent agency CAA

China media-focused private equity firm CMC Capital Partners has acquired a minority stake in Hollywood talent agency Creative Artists Agency (CAA) for an undisclosed sum.

  • Greater China
  • 18 April 2017
Japan's Kobe Steel buys Quintus from Milestone

US private equity firm Milestone Partners has exited its controlling stake in Sweden and US-based industrial equipment company Quintus Technologies to Japan’s Kobe Steel.

  • North Asia
  • 18 April 2017
China semiconductor fund to buy Xcerra for $580m

Sino IC Capital, a technology-focused private equity fund manager backed by the Chinese government, has agreed to acquire US semiconductor and electronics manufacturer Xcerra in a deal that values the company at about $580 million.

  • Greater China
  • 12 April 2017
China's SDIC to invest $47m in US-based Maxwell

SDIC Fund Management has agreed to invest $47 million in US-listed energy storage and delivery solutions developer Maxwell Technologies.

  • North America
  • 12 April 2017
Hillhouse, FountainVest agree $1b Zhaopin take-private

Hillhouse Capital and FountainVest Partners, along with Australia’s Seek International, have agreed to buy US-listed Chinese recruitment website Zhaopin in a deal that values the company at $1.01 billion.

  • Greater China
  • 07 April 2017
Oceanwide, IDG Capital complete purchase of International Data Group

China Oceanwide Holdings has completed its acquisition of International Data Group (IDG) and now holds a 90% stake in the target’s operating business, with IDG Capital owning the remaining 10%.

  • Greater China
  • 31 March 2017
B Capital leads $25m Series C for India's Icertis

B Capital Group - a VC firm launched by Facebook co-founder Eduardo Saverin - has led a $25 million Series C round for Icertis, an India and US-based company that provides cloud-based contract management software.

  • South Asia
  • 30 March 2017
Solar-focused GP invests $120m in Japan projects

GSSG Solar, a US private equity firm focused exclusively on the solar energy sector, has agreed to invest at least $120 million in an expansion of its Japanese portfolio.

  • North Asia
  • 29 March 2017
Blackstone sells SeaWorld stake to Chinese trade buyer

The Blackstone Group has agreed to exit theme park operator SeaWorld by selling a 21% stake to Zhonghong Zhuoye Group – a Chinese real estate developer with an interest in leisure and tourism – for about $449 million.

  • Greater China
  • 27 March 2017
FTV Capital leads $56m round for Indian researcher

US venture investor FTV Capital has taken a minority stake in India-based industry research and consulting company MarketsandMarkets after leading a $56 million funding round.

  • South Asia
  • 23 March 2017
VCs invest $75m in US-New Zealand aerospace player

US venture capital firms Data Collective and Promus Ventures have joined a number of existing investors in a $75 million Series D funding round for US and New Zealand-based aerospace company Rocket Lab.

  • Australasia
  • 22 March 2017
Kubera Partners exits India's Planetcast

New York and Mumbai-based private equity firm Kubera Partners has agreed to sell its 28% stake in India’s Planetcast Media Services through a secondary transaction with an undisclosed PE buyer.

  • South Asia
  • 21 March 2017
500 Startups opens Australia office

US-based early-stage investor 500 Startups has agreed to establish its Australian headquarters in Melbourne after receiving financial support from the state government of Victoria.

  • Australasia
  • 20 March 2017
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