Hong Kong-based real estate private equity firm Gaw Capital Partners announced the acquisition of Bell City mixed-use development for AUD$157 million (US$ 113 million) in Melbourne’s Preston precinct via GCP Hospitality, according to the company’s announcement.
Hong Kong-based private equity firm GSR Capital will invest a total of US$374.55 million in e-commerce retailer Overstock, with US$270 million to be allocated for its blockchain subsidiary tZERO, according to the company’s announcement.
Chinese private equity firm Legend Capital has joined China Renaissance’s healthcare fund to co-lead an investment worth nearly RMB2 billion (US$293 million) in Chinese Diagnostics Medical Corporation.
Private equity firm Rainbow Capital and logistics solution provider GLP have led a US$150 million series C round in 51zhaoyou.com, a business-to-business petroleum e-commerce platform.
A consortium led by KKR has agreed to acquire Taiwanese specialty chemicals producer LCY Chemical Corp. (TPE: 1704) for approximately TWD47.8 billion (US$1.56 billion).
Primavera Capital, a Chinese investment firm founded by Fred Hu – former Greater China chairman at Goldman Sachs, has joined Australian billionaire Cannon-Brookes’ Grok Ventures to co-lead a US$500 million round in U.S. autonomous driving start-up Zoox.
Beijing-based private equity fund InnoVision Capital has led a US$250 million funding round in 58 Suyun, a freight business unit under Chinese online marketplace 58 Daojia.
Tiger Global Management has led a US$150 million round in Aihuishou, a Shanghai-based smartphone and consumer electronics recycle start-up.
TPG Growth, a global alternative asset firm announced that it has led a US$60 million series C round of financing in Moretickets, China’s online ticketing platform.
A consortium led by Jack Ma-backed Yunfeng Capital and Shenzhen-listed Chinese biopharmaceutical company Hybio Pharmaceutical has entered into an agreement to buy all the shares of German speciality pharmaceutical firm AMW GmbH, according to the latter’s announcement.
Nuance Biotech, a China-based specialty pharmaceutical company, today announced series B fundraising of US$20 million with additional capital US$15 million tied to its acquisition of new products, led by C-Bridge Capital, a private equity firm focused on Chinese healthcare market.
Pan-Asia logistics real estate developer ESR announced that it has closed a pre-IPO investment from CITIC Securities One-Belt-One-Road ("CSOBOR") Fund, a private equity investment fund of CLSA, the international platform of CITIC Securities.
Sino-Ocean Capital, the investment arm of real estate state-owned enterprise Sino-Ocean Group Holding, has led a RMB500 million (US$78 million) series B+ round in Chinese co-working space operator Nashwork.
Chinese private equity fund Green Harbor Investment has led a RMB800 million (US$125 million) series D round in Nanjing-based customer-to-business used car auction platform Chezhibao.
Singapore-based global provider of logistics solutions GLP said that it had established a RMB10 billion (US$1.6 billion) investment fund dedicated to investing in the logistics sectors in China.
Chinese internet giant Baidu Inc. has sold a majority stake in its Financial Services Group (Baidu FSG) for US$1.9 billion to an investor group led by TPG and The Carlyle Group, with participation from Taikang Group, ABC International Holdings and others.
Arctic Green Energy, a renewable energy company focusing on creating zero-emission cities, has completed a new funding deal from CITIC Capital, China Everbright Ltd. and Asian Development Bank. CITIC Capital, an early investor in Arctic Green Energy since 2015, has exercised its conversion rights to acquire equity of US$30 million in Arctic Green Energy. China Everbright Ltd. has purchased shares and an exchangeable bond issued by Arctic Green Energy for a total of US$70 million. Previously, Arctic Green Energy announced …
JD.com Inc., China’s second-biggest e-commerce company, will invest RMB537 million (US$85 million) in Allianz China General Insurance, taking a 33% stake and becoming its second largest shareholder, according to the announcement published by the Insurance Association of China.
China’s social media giant Tencent Holdings has led a RMB617 million (US$98.2 million) series A round in Chinese video news platform Pear Video. It marks the latest in a series of recent investments in the video space by Tencent.
Century Bridge Capital, a private real estate investment fund focused on investing in residential property projects in smaller cities in China, announced today that it has successfully exited and repatriated the proceeds from its investment in Dalian, China.
KKR today announced the launch of a multi-brand digital marketing company in China, as the global investment firm aims to create a consolidated marketing platform in the segmented Chinese digital marketing space.
Chinese private equity group Orient Hontai Capital has agreed to buy a 53.5% stake in Spanish media firm Imagina Media Audiovisual, valuing the target company at an enterprise value of EUR1.9 billion (US$2.34 billion).
An investor corsortium led by funds managed by CITIC Capital Holdings Ltd. and Chinese media firm Caixin Global has reached an agreement to acquire a unit of London-listed Euromoney Institutional Investor PLC for US$180.5 million, the firms announced today.
Canada Pension Plan Investment Board (CPPIB) and Chinese property developer Longfor Properties Co. Ltd announced today they are extending their cooperation to include two new mixed-use real estate development projects in Chengdu and Shanghai in China, for a total CPPIB commitment of approximately RMB4.2 billion (US$663 million).
Japan’s financial services firm Orix Corp has led a US$70 million follow-on series D round funding in Chinese peer-to-peer lending platform Dianrong, and plans collaboration between the two companies.
Tiger Global Management and CMC Capital Partners have reportedly led a US$450 million new funding round in Meicai.cn, a fresh produce e-commerce platform connecting farmers and restaurants.
American private equity firm Warburg Pincus’s affiliate and Genesis Capital have invested US$120 million in a series D round in Chinese online tutoring start-up Zhangmen, the company announced in a press release today.
Tencent Holdings Ltd. and private equity firm Orchid Asia Group have led an investment round worth hundreds of millions of RMB in Shanghai-based online music tutoring platform Peilian.com.
China’s largest co-working office space operator UrWork, founded in 2015, has raised a RMB300 million (US$45 million) series C financing round at RMB9 billion (US$1.3 billion) valuation. The new financing round came four months after the two-year-old start-up raised a RMB1.2 billion (US$179 million) pre-C round in August.
China’s largest private agriculture company New Hope Group has completed the acquisition of Australia’s Real Pet Food Company from Quadrant Private Equity for A$1 billion (US$770 million), in a move to further its foray into the fast-growing pet industry in the country.
Chinese cloud storage and distribution firm Kingsoft Cloud has raised US$300 million series D round from Chinese private equity firm Liyue Investment and China Minsheng Investment, as well as Kingsoft Cloud’s controlling shareholder Kingsoft.