KKR Leads $180 Million Series F Round In Newly-Minted Asian Unicorn Livspace
Livspace, an Asian omni-channel home interior and renovation platforms, today announced a US$180 million series F fundraising led by KKR.…
Private Equity
US-Listed Chinese Companies Rush To List In Hong Kong
Driven by regulatory uncertainties and stricter accounting rules in the US, as well as swaying geopolitical winds, an increasing number…
Chinese Investors Jump On The SPAC Bandwagon
A few days ago, Chinese private equity firm Primavera Capital established its first SPAC company, Primavera Capital Acquisition Corporation (PCAC).…
KKR Closes $3.9 Billion APAC Infrastructure Fund
KKR announced the final close of KKR Asia Pacific Infrastructure Investors SCSp, a US$3.9 billion fund focused on infrastructure-related investments…
SAIC Injects RMB500 Million In Chinese EV Maker WM Motor
Shanghai Automotive Industry (Group) Corporation, the shareholder of Shanghai Automotive Group Co., Ltd. (SAIC, 600104), invested in Chinese electric vehicle…
Ardian Closes $19 Billion For Secondary Funds And Co-Investments
Ardian said it has closed its eighth-generation secondaries fund platform with US$19 billion of commitments from investors globally. The program,…
Softbank, Hillhouse Back Chinese Zillow-Like Real Estate Platform Shell Zhaofang
Shell Zhaofang, a Zillow-like real estate listing app, has completed a series D + round of financing. Investors include SoftBank's…
Cancer Precision Diagnosis Firm 3D Medicines Raises RMB280M
A Chinese cancer precision diagnostics firm 3D Medicines recently completed a 280 million yuan (US$40 million) financing for its diagnostic…
CF PharmTech Completes RMB630M Series E Round
CF Pharmtech, Inc. recently successfully completed series E round financing of RMB630 million (US$90 million). This round of financing is…
Gaw Capital Partners Closes Gateway Real Estate Fund VI At $2.2B
Real estate private equity firm Gaw Capital Partners has reached the final close of its sixth Greater China / Asia…
China’s DT Capital Partners Raises $285M For Latest RMB Fund
Chinese private equity investment firm DT Capital Partners has raised RMB2 billion (US4285 million) for its new fund named DT…
FountainVest And Primavera Acquire 25% Of Laobaixing Pharmacy Chain
Private equity firms FountainVest Partners and Primavera Capital Group have jointly purchased 24.78% of the shares of Laobaixing Pharmacy Chain…
Chinese EV Start-Up Byton To Close $500M In Series C Round Against Headwinds
Chinese all-electric vehicle brand Byton is raising a series C round of financing at US$500 million from Chinese state-owned automotive…
Chinese O2O Community E-Commerce Platform Huimin Nets $224M
Huimin, a Beijing-based online to offline (O2O) community e-commerce platform, has secured RMB1.6 billion (US$224.88 million) in a new funding…
Geely Sets Up JV With German Air Taxis Start-Up After Leading Its $55M Series C1 Round
Chinese automotive company Zhejiang Geely Holding Group has led the first closing of a series C round of financing worth…
Boyu Capital Leads Nearly $300M Series A Round In IDG-Backed Chinese Lodging Brand
ChengHome Apartment, a hotel and serviced apartment brand created by Chinese hotel management company Huazhu Hotels Group and Boston-born investment…
Temasek, Hillhouse Acquire 2% Stake In China’s Aier Eye Hospital For $258M
Singaporean sovereign wealth fund Temasek Holdings and Chinese private equity firm Hillhouse Capital have acquired a 2% stake in Shenzhen-listed…
KKR-Incubated Chinese Digital Marketing Firm Cue Closes Series A Round
Cue Holdings Limited, a Chinese one-stop digital marketing start-up controlled by global investment powerhouse KKR, announced on Tuesday the completion…
Chinese Electronics Maker TCL Unveils $327M PE Fund For Industry Chain Investments
Chinese electronics maker TCL Corporation has launched a private equity fund on Tuesday with RMB2.31 billion (US$327.02 million) in capital…
KKR To Take Majority Stake In NVC Lighting’s China Business For $794M
Global investment firm KKR announced on Sunday that it would pay US$794 million for a majority stake in the China…
Goldman Sachs Faces Potential Loss Of Nearly $30M In Chinese Fashion Brand
Goldman Sachs is facing potential losses of nearly over RMB200 million (US$28.4 million) in an investment it made six years…
JD.com Leads Nearly $142M In Chinese Elevator-Ad Unicorn Xinchao Media
Chinese e-commerce giant JD.com is leading a new round of investment worth nearly RMB1 billion (US$141.83 million) in Xinchao Media…
CITIC Capital Closes Fourth And Largest China Buyout Fund At $2.8B
CITIC Capital, the alternative investment management and advisory arm of Chinese financial conglomerate CITIC Group, announced on Thursday the final…
Chinese Fine Chemicals Manufacturer Huadao Biopharma Closes $14M Series B Round
Chinese fine chemicals manufacturer Huadao Biopharma announced last week the completion of a series B round of financing worth RMB100…
Chinese PE Firm Sharewin Investment Sets Up $144M Healthcare Fund
Chinese private equity firm Sharewin Investment has teamed up with Shenzhen-listed medical products developer Jiangsu Yuyue Medical Equipment & Supply…
Chinese Co-Working Start-Up Beeplus Gets $14M Amid White-Hot Market Competition
Chinese co-working space operator Beeplus announced on Tuesday that it has closed over RMB100 million (US$14.52 million) in a series…
Chinese Investment Bank China Renaissance Raises Nearly $1B For Latest RMB Fund
Chinese investment bank China Renaissance Group announced on Monday that its private equity unit, Huaxing Growth Capital, has raised the…
SAIC Capital’s PE Unit Closes $145M New Fund For Automobile Investments
Shang Qi Capital, a private equity arm of Chinese investment company SAIC Capital, announced on Friday the final closing of…
China’s Hopu Leads $100M Series D Round In Singapore-Based Smart Retail Start-Up
Chinese alternative asset management firm Hopu Investments has led a US$100 million series D round of financing in Trax, a…
Chinese State-Owned Shenzhen Capital Group Debuts Healthcare Fund Eyeing $290M
Shenzhen Capital Group, a venture capital firm founded by the local government in Shenzhen, announced last week that the company…
China’s Sino-Ocean Capital Reaches First Close Of Modern Logistics Fund At $232M
Sino-Ocean Capital, an alternative asset management unit of Chinese real estate-focused investment holding firm Sino-Ocean Group, announced last Saturday that…