Panacea Venture, a China-based venture capital firm backed former partners of Kleiner Perkins Caufield & Byers China (KPCB China), has reached the final close of a new healthcare-focused fund "Panacea Venture Healthcare Fund I" with US$180.5 million in capital commitments. The fund, managed by Panacea Ventures, had an initial target of US$150 million and received [...] China-Based Panacea Venture Hits Final Close For New Healthcare Fund At $180.5M comes originally from China Money Network. All Rights Reserved.
Vocus has granted non-exclusive due diligence access to a private equity firm, the telco announced this morning. : Vocus has granted non-exclusive due diligence access to a private equity firm, the telco announced this morning EQT Infrastructure has lodged a non-binding, indicative offer for Vocus of $5.25 per share in cash, Vocus said. The $3.27 billion indicative offer is subject to a number of conditions, including shareholder, court and regulatory approvals.
Temasek-linked PE vehicle Astrea V to issue US$600m bonds Class A-1 tranche is expected to be rated Asf . . . As a Sure Dividend reader, you know the power of investing in: High quality businesses Trading at fair or better prices That pay rising dividends and/or have a high current yield Q4 hedge... read more Jeffrey Gundlach's DoubleLine Total Return Bond Fund webcast slides titled, "Highway To Hell."
The fund - Panacea Venture Healthcare Fund I - had an original target of $150 million. The post Panacea Venture hits final close of oversubscribed healthcare fund at $180.5m appeared first on DealStreetAsia.
Domestic institutional investors such as pension funds, insurance companies and mutual funds, have remained cautious and largely kept away from these instruments, leading to a lack of enthusiasm for public InvITs. The post Yield-hungry foreign investors train sights on InvITs in India appeared first on DealStreetAsia.
News about Manipal Hospitals evincing interest to acquire Medanta surfaced late last year. The post India: Medanta said to have agreed to sell biz to Manipal Hospitals for $828.6m appeared first on DealStreetAsia.
The investment made by Vertex is part of RoomMe's Series A funding round. The post Singapore's Vertex Ventures invests in Indonesian rental startup RoomMe appeared first on DealStreetAsia.
The offer comes as Vocus undertakes a turnaround plan aimed at cutting its debt load by selling assets. The post EQT Infrastructure makes $2.3b bid for Australia's Vocus appeared first on DealStreetAsia.
Pennsylvania PSERS also committed $200 million to Bain Capital Distressed and Special Situations Fund 2019, and $75 million to Incline Elevate Fund. The post Pennsylvania pension fund commits up to $150m to Korean PE funds appeared first on DealStreetAsia.
Synergy Crashing To Financial Loss Amid Move To Control Power Prices And Solar Energy 'challenge' - Abc News (australian Broadcasting Corporation)
State-owned power provider Synergy may need to borrow $140 million over the next four years as it grapples with the WA Government's move to limit power price rises and an onslaught of renewable energy.