1. Home
  2. 2020

Category: China

US-China relations at worst since 1989 Tiananmen Square Massacre, Carlyle’s Rubenstein says

Carlyle co-founder David Rubenstein has said US-China relations are at their worst since the 1989 Tiananmen Square protests that ended in the deaths of hundreds of protestors.

Sequoia Capital China said to near up to CNY18bn ($2.65bn) fund close in coming weeks

Sequoia Capital's China arm is reportedly eyeing as much as CNY18bn ($2.65bn) for what would be its largest fund focused on the country.

Hillhouse Capital said to eye CNY20bn for biggest-ever yuan-denominated fund

Chinese private equity major Hillhouse Capital is reportedly eyeing more than CNY20bn ($3bn) for what would be its biggest renminbi-denominated fund yet.

Pandemic-resilient Chinese healthcare companies in Investcorp’s sights with launch of new platform

Alternative investment major Investcorp has launched a new platform dedicated to backing Chinese healthcare companies.

China Renaissance Holdings hits RMB40bn of PE assets through final close of latest US-dollar fund

China Renaissance Holdings has raised more than $600m for the final close of its Huaxing Growth Capital USD Fund III.

Chinese AI cities pioneer Terminus gets Investcorp backing

Alternative investment major Investcorp has backed Chinese AI-controlled city and smart services developer Terminus Technologies.

Yun Qi Partners looks to raise $275m for its third investment vehicle

Chinese private equity firm Yun Qi Partners is looking to raise up to $275m for its third fund.

Jack Ma’s Ant Financial files for what could be the biggest IPO ever

Chinese tech powerhouse Ant Financial has filed for what could be the biggest initial public offering ever, which could see the company raise $30bn.

Hong Kong to open up for private equity firms with new rules

Hong Kong has introduced a new structure for private equity funds as part of China’s bid to make the city a centre for international asset and wealth managers. The Limited Partnership Fund Ordinance will enable

MBK Partners said to enter Car Inc takeover talks after Luckin Coffee accounting scandal impacts share price

Asian private equity major MBK Partners is reportedly in talks for a take-private buyout of China's top car rental business Car Inc, which could value the company at up to $850m.

CalPERS reveals surprise resignation of CIO Meng, begins hunt for replacement

Pension giant CalPERS has revealed the surprise resignation of CIO Yu Meng after just 18 months in the role.

Ex-Legend Capital healthcare execs raise $200m for debut Sherpa Healthcare Partners US-dollar fundraise

Sherpa Healthcare Partners has picked up $200m for the final close of its debut US-dollar fundraise.

Hony Capital burned by Pizza Express as bondholders agree deal for struggling restaurant chain

Struggling private equity-backed restaurant group Pizza Express is set to be largely taken over by bondholders as the business reels under the strain of the coronavirus lockdown.

China hits $12.5bn first close for environmental projects, businesses investment fund

China has raised CNY88bn ($12.59bn) to date for the country's first major fund dedicated to environmental projects and businesses.

Permira picks up EF’s China, Indonesia kids English language teaching unit, deal pegged at about $1.5bn

Private equity major Permira has sealed a buyout of EF Education First's children's English language education unit at a reported valuation of about $1.5bn.

PE firms said to line up for Nestle China unit bidding, deal could reach $400m

A string of private equity houses have reportedly made it to the next round of bidding for Nestle's Chinese unit Yinlu Foods Group.

Hong Kong sets sights on becoming Asian private equity fund hub through new Limited Partnership Fund Bill

Hong Kong is hoping to establish itself as a prime Asian destination for private equity and venture capital fund launches through the launch of its new Limited Partnership Fund Bill.

Rothschild & Co-backed Auster Capital passes halfway in $1bn-targeting debut fundraise

Rothschild & Co-backed private equity investor Auster Capital has passed the $500m mark in a first close of its debut fundraise.

Hearst Ventures hires two new staff members as well as promoting another

Hearst Ventures, which is the venture capital division of media company Hearst, has named two new senior hires.

Matrix Partners China collects $750m for sixth flagship fundraise

Venture capital house Matrix Partners China has hauled in at least $750m for its latest fundraise.

We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.
We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.