YC

Yvette Choo

Sequoia’s founding member in China resigns

Zhang Fan has resigned from Sequoia Capital China after four years at its helm. In 2005, he co-founded the affiliate with Neil Shen, who is reportedly embroiled in litigation with The Carlyle Group. Carlyle has alleged the rival firm backdated an investment agreement to win a deal.

1 min read · 05 January 2013

Spring Capital invests in Chinese polymer company

Made from its debut fund, the investment will help Shanghai Insuring Polymer Materials boost its production capacity and develop its sales network in various Chinese cities.

1 min read · 05 January 2013

CHAMP- and Catalyst-backed retailer enters receivership

Talks have failed between banks and Australian Discount Retail, the country's largest discount retail group, over company debts of A$96m.

2 min read · 05 January 2013

Pacific Road to invest $26m in nickel miner

The investment in Albidon’s Munali Nickel Project in Zambia is the firm's first nickel mining deal in Fund I.

2 min read · 05 January 2013

Private equity firms eye GOME

Bain, Carlyle, KKR, Warburg Pincus and the Hopu Fund are among those reportedly interested in a 20 percent stake in the Chinese retailer.

1 min read · 05 January 2013

KKR appoints Citi veteran as India head

Sanjay Nayar, ex-CEO of Citi's Asian operations will be based in the firm's Mumbai office, which is opening in January. The firm has also hired former Coke executive Ludo Bammens as director of European corporate affairs.

1 min read · 05 January 2013

KKR Japan managing director resigns

Naohiko Kitsuta has left the firm after less than two years.

1 min read · 05 January 2013

Govtor Capital invests RMB78m in Chinese solar

Jiangyin Alcom Solar Equipment will expand production capabilities with the investment from Govtor Capital, also known as Jiangsu High-Tech Investment Group. The firm's long standing strategy - specialising in province-level investments - is a growing trend across the country.

1 min read · 05 January 2013

Highland backs Chinese media company

The $10m funding round will be used to augment Viva’s team, improve its mobile media platform and develop new products.

1 min read · 05 January 2013

Unitas Capital appoints partner

The Asian private equity firm formerly known as CCMP Capital Asia has hired Ajeet Singh from global manufacturing and technology company Emerson.

1 min read · 05 January 2013

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