YC

Yvette Choo

Infinity backs life sciences company again

For its second funding round, the Israel- and China-focused private equity firm invested $13m alongside other investors in Chiral Quest Corporation.

2 min read · 05 January 2013

Intel invests $23m in three Indian tech companies

The semiconductor giant’s venture arm has made commitments to One97 Communications, IndiaMART.com and Global Talent Track from its $250m Intel Capital India Technology Fund.

1 min read · 05 January 2013

Canaan promotes two to general partner

Alok Mittal and Izhar Shay will augment the firm’s presence in India and Israel respectively. Both will continue to focus on the technology sector.

2 min read · 05 January 2013

New Horizon closes RMB1bn fund

The China-focused fund will invest in ‘smaller players’ in the pharmaceuticals, consumption, high tech manufacturing and alternative energy sectors. The firm is also raising another fund targeting a $750m close in the second quarter.

1 min read · 05 January 2013

CDC commits $40m to two SME-focused funds

The UK-government backed fund of funds has backed funds focused on Southeast and Central Asia. It expects the two funds to raise a total of $225m.

2 min read · 05 January 2013

Stanchart IL&FS infrastructure fund holds $568m first close

Launched in the beginning of 2008, the Standard Chartered IL&FS Asia Infrastructure Growth Fund is seeking a $1bn final close later this year.

1 min read · 05 January 2013

Tokio Marine launches London fund operations

The investment advisor is also developing a Japanese private equity fund of funds, to be launched within the year.

1 min read · 05 January 2013

Baring investigates copycat websites

Using a Chinese name similar to the Asian private equity firm, an organisation has allegedly set up websites with material copied straight from Baring’s own website.

1 min read · 05 January 2013

Report: Hopu fund makes second investment

The fund has reportedly led a consortium to buy $700m worth of Bank of China shares and picked up a $400m stake for itself.

1 min read · 05 January 2013

Grant Kelley leaves Colony's Asia arm

The principal and chief executive of the private equity real estate's Asian operations has left the outfit, reportedly to start his own firm.

1 min read · 05 January 2013

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