The former venture unit of telecoms giant Nokia had originally targeted $300m for BRV IV. The fund will make most of its investments in the US and China, where it is looking to expand its investment team.
2 min read · 05 January 2013
The World Bank’s private investment arm will invest up to 20 percent of VenturEast Life Fund III’s committed capital.
1 min read · 05 January 2013
The Kuwaiti-headquartered firm has sold its interest in Reliance Petroleum, generating an IRR of more than 70%.
2 min read · 05 January 2013
SBCVC III’s investors include Starling, Montagu Newhall, Princess and CalPERS.
1 min read · 05 January 2013
Lian Xiaolu has joined the Asian firm's Shanghai team to bolster deal sourcing capabilities in China.
1 min read · 05 January 2013
Chen Fan has left the bank's private equity arm to ‘pursue his own interests’.
1 min read · 05 January 2013
The Sydney-based firm has acquired a 49.9% stake in Summerset. The company, owned by AMP Capital Investors, had ‘purposefully withdrawn’ an IPO bid in 2007 due to weak market conditions.
1 min read · 05 January 2013
The Asia-focused firm’s first education investment will be used to increase Edutech’s number of campuses and types of curriculum.
2 min read · 05 January 2013
Shareholders will vote today on the Dubai-based bank's fate; last month, they unanimously opted to keep the company a going concern.
1 min read · 05 January 2013
The investment from Legend Capital, Sequoia Capital China and CCB International will used to expand the company, augment human resources, marketing activities and help R&D.
1 min read · 05 January 2013
