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private equity

A Bathing Ape’s main shareholder CVC Capital closes its 6th and largest Asia fund, shrugging off global economic woes

by Anas Siddiqui
A Bathing Ape’s main shareholder CVC Capital closes its 6th and largest Asia fund, shrugging off global economic woes

Private equity firm CVC Capital Partners said it has closed its sixth and largest Asia fund to date, shrugging off a challenging geopolitical and macroeconomic environment that has put a …

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Pacific Century Group downplays FWD stake sale, says IPO will come at ‘opportune time’

by Anas Siddiqui
Pacific Century Group downplays FWD stake sale, says IPO will come at ‘opportune time’

FWD Group Holdings, a Hong Kong-based insurance business controlled by billionaire Richard Li Tzar-kai, said Li would maintain his control of the company amid speculation it was considering a potential …

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Hong Kong’s talent base lends expertise to rapidly growing Asian private credit market, APLMA CEO says

by Anas Siddiqui
Hong Kong’s talent base lends expertise to rapidly growing Asian private credit market, APLMA CEO says

Hong Kong’s sophisticated investor base is bringing lending expertise to Asia’s private credit market, giving further impetus to the rapidly growing asset class, according to the new head of the …

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From cult status to closure fears — what happened to The Body Shop?

by Anas Siddiqui
From cult status to closure fears — what happened to The Body Shop?

It’s a store you know by scent. For decades, the sometimes-overwhelming aroma of The Body Shop’s satsuma soaps and coconut body butters have wafted through mall concourses, as much a staple …

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China to drive private market opportunities in Asia as healthcare, consumption offer pickings: HarbourVest

by Anas Siddiqui
China to drive private market opportunities in Asia as healthcare, consumption offer pickings: HarbourVest

Private markets firm HarbourVest sees investment opportunities in Asia including China’s healthcare services and consumer industries, with the country’s declining demographics and uptick in retail spending lifting demand for related …

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Hardware chain Rona cutting 300 jobs, closing two distribution centres

by Anas Siddiqui
Hardware chain Rona cutting 300 jobs, closing two distribution centres

Rona Inc. says it’s cutting about 300 jobs and closing two distribution centres as part of a plan to adjust its operating model and eliminate inefficiencies. The home improvement retailer …

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China augmented reality start-up Rokid gets US$70 million in new funding round led by Hefei government

by Anas Siddiqui
China augmented reality start-up Rokid gets US million in new funding round led by Hefei government

Chinese augmented reality (AR) technology firm Rokid has raised nearly half a billion yuan in its latest round of funding led by a local Chinese government, in a fresh indication …

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‘A remarkable era’: Groundbreaking innovations in treating spinal cord injury offer new hope for patients

by Akin Smith
‘A remarkable era’: Groundbreaking innovations in treating spinal cord injury offer new hope for patients

Gert-Jan Oskam could no longer walk after a cycling accident 12 years ago in China. He suffered an incomplete spinal cord injury, so while he had some sensation in his lower …

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In a slow year for enterprise tech M&A, there were few standout deals

by Edgar Davis
In a slow year for enterprise tech M&A, there were few standout deals

Cisco was the most active company It’s that time of year when we look back at the year’s biggest tech M&A deals. Typically by this time, the usual acquisitive suspects …

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Clearlake and Insight reach $4.4B deal to take software maker Alteryx private

by Edgar Davis
Clearlake and Insight reach .4B deal to take software maker Alteryx private

Alteryx, an Irvine, California-based software company developing data science and analytics products, today announced that it’s agreed to be acquired by private equity firms Clearlake Capital Group and Insight Partners …

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