Warburg Pincus is raising $439m in its maiden yuan-denominated fund, two people with knowledge of the matter said, joining a growing list of private equity investors eyeing local currency investment opportunities in China. China’s regulatory crackdown on private...
India will continue to be Blackstone’s biggest market in Asia and the private equity giant may consider infrastructure investments there in the future, a top company executive said on Tuesday. The U.S-based firm, which manages nearly a trillion dollars in assets...
Chinese esports company VSPO, backed by Tencent Holdings, said on Thursday Saudi Arabia’s sovereign wealth fund has bought a stake worth $265m in the company, as the kingdom continues its push in the gaming market. Saudi’s Public Investment Fund will take...
An Italian private equity fund has bought 7.2% of Anima Holding (ANIM.MI), the bank that handled the deal said on Wednesday, investing in an asset manager likely to be involved in future domestic banking consolidation. The €109m stakebuilding strengthens the grip of...
Quant pioneer D.E. Shaw & Co. raised more than $450m for its first dedicated private equity fund, just shy of the $500m target it set a year ago. The Voltaic fund is debuting after a drop in private-company valuations, and portfolio manager Edwin Jager said he... 