China-focused private equity firm Everbright Reinfore has led a CNY700 million (approximately US$102 million) Series B round for Beijing DS365 Technology, a China-based provider of supply chain management, transaction and logistics solutions for convenience stores. Financial services provider China UCF Group also participated in the round. DS365 will use the… Read More
Korea-focused private equity firm IMM Investment has agreed to acquire Korea-based waste management and recycling services provider Eco Management Korea Holdings from JP Morgan Asset Management for KRW400 billion (approximately US$338 million). Almost half of the funding for the deal will come from IMM Investment’s blind pool fund, while the… Read More
Aspada Advisors, an investment firm focused on small and medium-sized enterprises in India, and the Michael & Susan Dell Foundation have invested INR67 million (approximately US$1 million) in India-based school financing company Shiksha Financial Services. Aspada invested through Aspada Investment Company. Shiksha will use the new capital to launch more… Read More
Global investment firm KKR and China-based property developer Sino-Ocean Group have agreed to invest HKD1.5 billion (approximately US$190 million) through new ordinary shares and perpetual convertible bond securities in Beijing Capital Juda, the Hong Kong-listed subsidiary of integrated property developer Beijing Capital Land. KKR will invest through China Growth Fund. Read More
Myanmar-focused private equity firm Delta Capital Myanmar, formerly known as PMM Partners, has reached a first close for Myanmar Opportunities Fund II with US$30 million in capital commitments. Investors in the fund include family offices and high-net worth individuals. The fund is targeting US$100 million in total commitments. Read More
Advisory and investment firm Delta Partners Capital has led an INR1.33 billion (approximately US$19.5 million) Series C round for India-based cloud telephone solutions provider Knowlarity Communications. Other equity investors in the round included venture capital firms Sequoia Capital and Mayfield Fund, while advisory and investment firm Blacksoil Capital and venture… Read More
Indonesia-focused investment firm Falcon House Partners has reached a final close for its second fund with US$400 million in capital commitments, surpassing its US$300 million target. Investors in the fund include university endowments, charitable foundations and funds of funds. Development finance institutions International Finance Corporation, FMO and DEG reportedly committed… Read More
LGT Impact Ventures, the impact investment arm of LGT Group, has led an INR700 million (approximately US$10 million) Series B round for India-based micro-enterprise lender AYE Finance. Venture capital firm SAIF Partners and Accion Venture Lab, the seed-stage investment vehicle of financial inclusion-focused investor Accion, also participated. AYE Finance will… Read More
Singapore-based intellectual property intelligence platform PatSnap has closed a Series C funding round led by Sequoia Capital, with participation from venture capital firms Shunwei Capital Partners and Qualgro Ventures. The company will use the investment to develop new products and expand its team globally. Financial details of the transaction were… Read More
MCap Fund Managers, an India-focused multi-strategy PE investment advisory firm, was awarded the winner of the EMPEA Institute‘s 2016 Sustainability & Operational Excellence Challenge for its active management of Ganesha Ecosphere Ltd. (GESL), a PET bottle waste recycling company in India that creates polyester fiber and yarn. Read More
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