Contract will see Beijing provide financing as Buenos Aires is locked out of credit markets
World Cup qualifier provides new forum for opposition amid surge of support for Hong Kong team
China-focused venture capital firm Ameba Capital has completed raising its second fund, bringing the firm's total asset-under-management to over RMB1 billion (US$157 million), according to an announcement. Limited partners of the latest fund include undisclosed entrepreneurs in Chinese Internet companies, local financial institutions, family offices, as well as backers of the firm's first fund. Founded […]
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Chinese media mogul Bruno Wu has joined forces with online financial services firm Yucheng International Holdings Group Limited to launch a US$1.6 billion investment fund to back international film and television projects, according to media reports. The China Global Alliance Film Fund will be a strategic cooperation between affiliates of Bruno Wu's Sun Seven Stars […]
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Some institutional investors no longer see hedge funds as a separate asset class, but rather a substitute for investments in equities and bonds that bring particular diversification benefits to their portfolios, says a joint paper by the Alternative Investment Management Association (AIMA) and the CAIA Association. The new analysis identifies "substitute" strategies, those that could […]
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KKR & Co. L.P. has completed an undisclosed investment in Chinese aquatic feed company Yuehai Feed Group Co. Ltd., in a bet on rising consumer demand for safe fish and seafood in the country, according to an announcement. "KKR has maintained a strong commitment to helping address the growing demand for a safer and more […]
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A group of private investors have come together to raise a US$2 billion intellectual property fund to invest in the entertainment sector with a focus on the Chinese and U.S. markets, according to an announcement. The Strategic Intellectual Property Entertainment Fund, with offices in Los Angeles and Shanghai, will look for opportunities in films, consumer […]
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The Islamic State's attacks in Paris, coming on the heels of bombings in Beirut and the downing of a Russian airliner over the Sinai Peninsula, reinforce the reality that the terrorist threat has entered a new and even more dangerous phase. The main le…
Entry into the Special Drawing Right is more prestige than substance
NetEase has invested USD25 million in a Finnish gaming start-up named Reforged Studios, which has not yet officially published any product. According to reports in Chinese local media, NetEase said in a report that they implemented the investment via NetEase Capital Venture; however, the company did not reveal its equity stake. Headquartered in Helsinki, Reforged […]