TPG Capital has bought a majority stake in Cancer Treatment Services International (CTSI), a US cancer treatment chain focused on India and South Asia. AVCJ understands that the firm paid $33 million for the 65% stake.
China-based VC firms IPV Capital and Tsing Capital have led a $26 million Series C round of funding for RayVio Corp, a US company that has developed an ultraviolet LED technology for use in hygiene products.
Taiwan-based hardware developer HTC has launched a global accelerator program with $100 million to support start-ups working on virtual reality (VR) applications.
US private equity firm Shamrock Capital Advisors has acquired a majority stake in Silvergate Media with a view to expanding the company’s presence in China.
XIO Group, which targets assets in North America and Europe with a view to unlocking growth potential in emerging markets such as Asia, has agreed to acquire market research business J.D. Power for $1.1 billion.
US-based VC firm Eleven Zulu Capital has launched a $100 million fund targeting Asian technology and services-focused start-ups.
San Diego-based cancer treatment developer Sorrento Therapeutics has raised about $150 million from a group of investors led by China-focused healthcare specialist Ally Bridge Group.
Bain Capital has rebranded its credit investment and public equities divisions – Sankaty Advisors and Brookside Capital – under the Bain Capital name and announced changes to its senior leadership.
Early-stage venture capital firm Cherubic Ventures is targeting $120 million for its latest fund aimed at investments in the US and China.
The Overseas Private Investment Corporation (OPIC), a development finance institution backed by the US government, will provide up to $250 million in debt funding to Indian renewable energy producer ReNew Power Ventures.
Primavera Capital and J.C. Flowers & Co. have been confirmed as co-investors in a $13.1 billion all-cash offer for Starwood Hotels & Resorts Worldwide submitted by China-based Anbang Insurance Group.
Lightspeed Venture Partners has closed its latest global fund at $715 million, and raised an additional $500 million for a follow-on vehicle.
Icertis, a provider of cloud-based contract management software based in India and the US, has raised a $15 million Series B round.
India-based electrical equipment manufacturer Crompton Greaves has agreed to sell its offshore businesses to US-based PE firm First Reserve International for EUR115 million ($126 million).
US-based Pfingsten Partners raises $382 million for Asia manufacturing investments
With Chinese outbound M&A at record levels, prospective buyers of assets in the US must be careful in assessing the possibility of regulators obstructing their deals
California-based Chinese cross-border shopping platform 55Haitao has raised $15 million in Series A funding from JJ Capital, a VC arm of Chinese game developer JJ.
YouAppi, a mobile advertising analytics start-up based in Israel and the US, has raised a $13.1 million Series B round from a consortium of investors including Global Brain to support its Asia expansion.
SBI Investment, the VC arm of Japan's SBI Holdings, has agreed to lead a Series B round for US-based bitcoin exchange Kraken.
New York-based adaptive learning system developer Knewton has raised $52 million from a consortium of investors including EDBI - the corporate VC arm of Singapore's Economic Development Board - and Chinese education company TAL Education Group.
Hua Capital Management, CITIC Capital and Goldstone Investment have completed their acquisition of US-listed chipmaker OmniVision Technologies in a deal worth $1.9 billion.
Qubole, a big data firm based in India and the US, has raised a $30 million Series C round led by Institutional Venture Partners (IVP).
Northern Light Venture Capital has joined a $25 million Series D round for US online security start-up Shape Security, with a view to supporting the company's expansion in China.
Jin-Yong Cai, the former executive vice president and CEO of the International Finance Corporation (IFC), the investment arm of the World Bank, has been named a partner at TPG Capital.