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Chinese E-tailer Club Factory Raises $100 Mn In Series D Round Led By Qiming
Cross border e-commerce marketplace Club Factory has raised $100 million in its Series D round led by Chinese venture capital firm Qiming Venture Partners. Existing investors Bertelsmann Asia Investments, IDG Capital and the US and China-based Frees Fund participated in the funding round. Hangzhou, China-headquartered Club Factory had previously raised $100 million in its Series C round in February 2018 from BAI, Frees Fund, IDG Capital, Kunlun Ventures, Zhen Fund and others. Full investment news article
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Louisiana Economic Development,
Compass Acquisition Partners Welcomes New Ceo
Industry veteran Lynn Owen joined the company after almost five years at TruAmerica Multifamily. : Compass Acquisition Partners has named Lynn Owen as the company’s new chief executive officer. Bringing more than three decades of real estate management experience, Owen will be in charge of expanding Compass’ investment platform by including private equity real estate joint ventures and institutional capital partners with a target of investing approximately $500 million during the next 12 months. Full investment news article