Investment
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IFC commits up to US$25 million in North Haven Thai Private Equity
North Haven Thai PE will focus their investments in Thailand.
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Darma Tech Labs, operator behind Makers Boot Camp accelerator to launch US$17.5 million investment fund with Kyoto Bank
Drama Tech Labs, the operator behind Makers Boot Camp has agreed to establish an investment fund with Kyoto Bank to support IoT startup.
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Baidu said to make US$100 million investment in Chinese electric car startup NextEV
Internet giant Baidu reportedly plans to invest about US$100 million in NextEV, a high-end electric car manufacturer founded in Shanghai in November 2014. The alliance is intended to boost Baidu’s faltering autonomous driving business.
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Formation Group raised US$357 million for debut fund to invest in early and growth stage companies
Formation Group has recently raised US$357 million of commitments for its Formation Group Fund 1 which will be investing in a concentrated number of early and growth stage companies.
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IFM Investors to acquire minority stakes in Australian fashion handbag and accessories retailer Colette by Colette Hayman
IFM’s private equity arm has acquired a significant minority stake in Collete by Collette Hayman, an Australian retailer of handbags and fashion accessories.
