Quantiphi Receives USD20 Million from Multiples

India- and US-based enterprise software company Quantiphi has secured USD20 million in Series A funding from India-focused private equity firm Multiples Alternate Asset Management. Quantiphi offers applied artificial intelligence, machine learning and big data solutions to companies around the world. The company reportedly intends to use the new capital to… Read More

The Carlyle Group Acquires Minority Stake in Anxin Apartment

Global alternative asset manager The Carlyle Group has acquired a minority stake in Anxin Apartment, a China-based corporate housing provider, through Carlyle Asia Growth Partners V and Carlyle Beijing Partners Fund II. Anxin provides employee housing services to service-sector corporations, operating more than 160 apartment complexes in 24 cities across… Read More

Vickers Venture Partners Leads USD40 Million Investment in AWAK Technologies

AWAK Technologies, a Singapore-based medical technology company, has raised USD40 million in a financing round led by Vickers Venture Partners, a global venture capital firm. Additional investors include SEEDS Capital, the Southeast Asia-focused investment arm of Enterprise Singapore, and Advanced MedTech, a Singapore-based medical technology company. AWAK develops treatment devices… Read More

SSG Achieves USD2.7 Billion Final Close of Fifth Fund and Sidecar

SSG Capital Management, an Asia-focused private credit fund manager, has closed its fifth fund, SSG Capital Partners V, and a sidecar vehicle with USD2.7 billion in total commitments. Investors in the fund include Virginia Retirement System, which committed USD150 million in December 2018, and Pennsylvania Public School Employees’ Retirement System,… Read More

CVC Capital Agrees to Exit Link Net in Acquisition by MNC Vision Network

Indonesia-listed satellite television company MNC Vision Network has agreed to acquire a majority stake in Indonesia-listed fixed broadband and cable television provider Link Net from its parent company First Media and private capital fund manager CVC Capital Partners. CVC first acquired a stake in Link Net through the purchase of… Read More

Circulate Capital Raises USD106 Million at First Close of Ocean Fund

Circulate Capital, a South Asia- and Southeast Asia-focused investor in ocean plastic prevention, has reached a USD106 million first close for Circulate Capital Ocean Fund. Investors in the fund include multinational corporations PepsiCo, Procter & Gamble, Dow Chemical Company, Danone, Unilever, The Coca-Cola Company, and Chevron Phillips Chemical Company. The… Read More

Sequoia Raises USD2.35 Billion for Latest China Funds

Global venture capital firm Sequoia Capital has reached a final close for its latest China-focused funds with USD2.35 billion in aggregate commitments. Sequoia Capital China Growth Fund V raised USD1.8 billion from 130 investors while Sequoia Capital China Venture Fund VII secured USD549.5 million from 128 investors. This latest fundraise… Read More

Loyal Valley Reaches USD465 Million Final Close of Second USD-Denominated Fund

China-focused growth capital fund manager Loyal Valley Capital has reached a final close of its second USD-denominated fund with USD465 million in commitments. Investors in the fund include Singaporean sovereign wealth fund GIC. The fund will focus on growth opportunities in domestic consumer brands, health care, specialty industrials, and financial… Read More

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