East Asia

WI Harper and Siemens Venture lead $5m investment in China

WI Harper and Siemens Venture have led a $5 million investment in a Beijing-based diagnostics company in a transaction Softbank China Venture Capital participated in.

Mayfield steps up in India

US venture capital firm Mayfield has stepped up its India focus with the appointment of two local investment professionals and a new office in Mumbai.

Blackstone post-IPO trading values firm at $37bn

Shares in Blackstone closed today on the New York Stock Exchange, up 13 percent to $35 per share. The first-day trading values Stephen Schwarzman’s interest in the firm he co-founded at $8.5bn.

Citigroup spin-out in Mexican bank deal(2)

Brysam Global Partners, a firm run by ex-Citigroup senior executives that has reportedly raised more than $1 billion for an emerging markets fund, has invested $230 million in Mexican bank Ixe. It is Brysam’s debut deal.

Citigroup spin-out in Mexican bank deal

Brysam Global Partners, a firm run by ex-Citigroup senior executives that has reportedly raised more than $1 billion for an emerging markets fund, has invested $230 million in Mexican bank Ixe. It is Brysam’s debut deal.

Southeast Asia seduces LPs

LPs intend to allocate more capital to emerging markets private equity funds – with southeast Asia a particularly popular investment destination.

Blackstone considers $400m China petrochemical deal(2)

The Blackstone Group is said to be mulling a $400 million investment in China’s largest petrochemicals company. The news follows a disappointing NYSE debut for Blackstone’s management company, in which the Chinese government invested $3 billion.

Get set for ‘BX’(2)

The Blackstone Group has priced its IPO at $4.133bn – the top of an expected range. Shares with the ticker symbol BX are expected to begin trading on Friday.

Global Infrastructure Partners enters Asia(3)

Private equity infrastructure specialist Global Infrastructure Partners has opened an office in Hong Kong and appointed a new partner to lead its Asian investment activities.

Blackstone considers $400m China petrochemical deal

The Blackstone Group is said to be mulling a $400 million investment in China’s largest petrochemicals company. The news follows a disappointing NYSE debut for Blackstone’s management company, in which the Chinese government invested $3 billion.