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China’s Gaorong Capital hauls in at least $1bn towards fifth US dollar-denominated fundraise

Chinese early-stage investment house Gaorong Capital has raised at least $1bn for its fifth US dollar-denominated fund.

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.

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.

Atalaya Capital provides new $200m financing, credit facility to LendingUSA

Point-of-sale financing provider LendingUSA has closed a new credit facility and received a total financing package of up to $200m from Atalaya Capital Management.

Africa sees VC deals surge to reach record dollar total last year: AVCA data

African venture capital activity reached its highest dollar total on record last year thanks to a surge in dollars being invested in the continent's startups.

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