Smart Fabric, a start-up that seeks to digitize China’s textile industry, has received a $100 million Series C round jointly led by Tencent Holdings and Sequoia Capital China.
The private equity owners of The Executive Centre (TEC), an office provider that relies on Hong Kong for 30% of its EBITDA, have suspended a sale process in response to ongoing protests in the territory.
Institutional investors “should be thoughtful about balancing risk and reward” as they deploy more capital into private markets that present liquidity and valuation challenges, according to the deputy CIO of Australia’s Future Fund.
Tencent Holdings has joined a $300 million Series B round for Zhuanzhuan, a Chinese second-hand goods trading platform controlled by US-listed online classifieds marketplace 58.com.
WHub, a Hong Kong-based start-up services provider and accelerator, has launched the territory’s first licensed equity crowdfunding platform for technology entrepreneurs.
PAG has agreed to invest $300 million in LexinFintech, a US-listed financial technology platform provider based in China.
The premium traditionally paid for deal-making talent in China over other Asian jurisdictions is narrowing and in some cases has turned into a deficit – in what might be seen as evidence of GPs looking to strengthen their coverage beyond the region’s...
China’s regulator announced it would abolish its QFII and RQFII investment quotas, giving global investors unrestrained access to the country’s capital markets.
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.
CDC Group has named Tony Morgan (pictured), formerly a managing director at Canada Pension Plan Investment Board (CPPIB) as a managing director responsible for direct equity.
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.
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.
China-Europe cross-border private equity firm Mandarin Capital Partners has reached a first close of EUR148 million ($163 million) on its third fund. The overall target is EUR250 million.
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.
The boom in LP appetite for co-investment has made it harder to secure access to deals and created adverse selection risk as private equity firms push beyond their comfort zone, investors told the AVCJ Korea Forum.
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.