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Category: Software and Hi-Tech

Speedinvest surges towards goal for second fund targeting disruptive digital marketplaces

European venture capital house Speedinvest is more than halfway to its €50m target for its second fund targeting disruptive digital marketplaces and platforms.

Virginia pension commits to HIG Europe distressed fund, new $7.5bn GTCR vehicle – report

The $83bn-managing Virginia Retirement System has committed more than $300m across a pair of private equity funds, including GTCR's newly-closed $7.5bn Fund XIII.

Seedcamp hails ‘special’ fundraise as VC firms help new vehicle to massive oversubscription

Seedcamp has hailed its 'special' £78m Fund V raise after the vehicle was almost 50% oversubscribed despite volatility around the ongoing global pandemic.

Pacer Ventures looking to solve funding gap for African startups

Sub-Saharan Africa's funding gap is the 'most critical problem on the continent' according to Pacer Ventures, which has launched a new fund hoping to solve the issue.

GlobalCapital Asia awards 2020: Investment banks

In the final instalment of GlobalCapital Asia’s awards announcements, we reveal the best Asian investment bank and the best investment bank in the region for 2020, as well as the bank that stands out for

Sino-Ocean prices IPO low to net HK$1.7bn

Chinese property management firm Sino-Ocean Service Holding has scooped up HK$1.74bn ($224.5m) after pricing its IPO below the mid-point of the marketed range.

Tsinghua Unigroup defaults on dollar bonds

Embattled Chinese borrower Tsinghua Unigroup Co missed payment on a $450m bond that was due on Thursday, with the non-payment expected to trigger cross-defaults on a number of its other dollar notes.

Nio follows peers with $2.7bn ADS offer

Nio has launched a US follow-on offering that could raise up to $2.71bn, becoming the third Chinese electric vehicle (EV) maker to tap the equity market in less than two weeks.

Roundtable: Chinese high yield bond market fights off Covid volatility

GlobalCapital and Standard Chartered hosted a combination of virtual and in-person roundtable on the China high yield debt market at the end of November. The third part of a 2020 series followed the first roundtable

AMB :- Unlisted natural resources AUM to hit $271bn in 2025 with a CAGR of 5.1%

Laxman Pai, Opalesque Asia: Preqin predicts unlisted natural resources assets under management (AUM) will hit $271bn in 2025. The projected 5.1% compound annual growth rate (CAGR) over the period is well below our 9.8% f...Article

Sweden lines up following Gothenburg green trade

The Kingdom of Sweden will come to market on Wednesday for a new 25 year Swedish krona benchmark, coming on the heels of a green bond from the City of Gothenburg.

EM deals start to roll in with CEEMEA FIG duo

Emerging market issuers have started to make their way back into international debt markets after a brief pause due to the US elections. Dubai Islamic Bank and Uzbekistan’s Ipoteka Bank this week mandated banks to

Vesalius Biocapital leads €50m round for CatalYm

Vesalius Biocapital has led a €50m series-B funding round for cancer immunotherapy developer CatalYm.

KKR names ex-Dyson CEO as Asia private equity senior advisor

Global buyout giant KKR has named former Dyson CEO Jim Rowan as a senior advisor to its Asia private equity team.

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