Global private equity firm Warburg Pincus has completed an investment in China-based health care provider Amcare Women’s and Children’s Hospital. Amcare, which previously received an RMB250 million (approximately US$40 million) investment in 2011 from investment banking and research service company China International Capital Corp., currently operates three hospitals and… Read More
Private equity investment manager Lombard Investments has announced a final close on its fourth Asia fund, Lombard Asia IV, hard-capped at US$350 million. The oversubscribed fund reached a first close in September 2012 with US$200 million in capital commitments. Investors in the fund, which will largely focus on growth… Read More
Singaporean sovereign wealth fund Temasek and early stage venture capital firm DCM, among other unnamed investors, have participated in a US$60 million Series D financing round in Tuniu.com, an online booking platform targeting the leisure travel market. Tuniu.com previously received a Series A round of funding from venture firm… Read More
Venture firm Matrix Partners India has picked up a significant minority stake in India-based cardiac care provider Meditrina Hospitals for INR410 million (approximately US$6.2 million), representing the company’s first round of institutional funding. Meditrina Hospitals currently operates four units focused on interventional cardiology in South and Central Kerala. It… Read More
India-focused private equity firm Ascent Capital is investing up to INR1 billion (approximately US$15 million) in medical equipment manufacturer Skanray Technologies. The transaction will take place in various tranches. Skanray aims to reach sales of INR3 billion (approximately US$45 million) by 2015 and is planning to set up units… Read More
Myanmar-focused investment and advisory group Anthem Asia has invested US$1 million in Myanmar-based office services provider Hintha Business Centres (HBC). HBC runs serviced offices in Yangon, with 13 private offices available to rent on a weekly or monthly basis. It intends to use the new funding to develop its… Read More
Quadria Capital, an Asian healthcare sector-focused private equity group, has announced the first close of its second fund, Quadria Capital Fund, with total capital commitments of US$107 million. The fund is focused on growth equity investments in mid-sized healthcare companies in South and Southeast Asia. Investors included development finance… Read More
Pan-emerging markets private equity firm Actis has bought the general lighting business of India-based automotive and general lamp manufacturer Halonix for INR1.6 billion (approximately US$23.9 million). As part of the deal, Halonix transferred its general lighting business, which manufactures and sells compact fluorescent lamps, luminaires and LED technology-based lighting… Read More
Global alternative asset manager The Carlyle Group has teamed up with insurance and financial services holding company Ping An Insurance Company of China and Franco-Chinese management company Cathay Capital Private Equity to participate in a RMB300 million (approximately US$48.6 million) Series B investment round in Health 100, a China-based… Read More
Southeast Asia-focused clean energy investor Armstrong Asset Management has reached a US$130 million third close on its Armstrong South East Asia Clean Energy Fund. Investors in the third close include International Finance Corporation (IFC), IFC Asset Management Company’s IFC Catalyst Fund, the Netherlands Development Finance Company (FMO) and the… Read More
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