Simran Vaswani
Simran Vaswani, a Hong Kong-based reporter for DealStreetAsia, focuses on private equity coverage across Greater China.
Stories by Simran Vaswani
China Digest: PCG Power, Newrizon & Macrolux raise funding
A slew of industry and institutional investors have participated in PCG Power's funding round.
TPG’s assets under management rise 20% to $135b in 2022
Net income under GAAP fell to $23.6m in Q4 2022, from $41.2m a year ago.
China to see muted fundraising, rise in exits in 2023: BDA Partners report
Trade sales seen as the prominent exit route.
PE giant Carlyle set to acquire Japan’s Iwasaki Electric
The PE firm has reportedly won support from the board for a proposal to acquire 94% stake.
The LP View: HK-based family office Tsangs Group eyes deals in India, SE Asia
The firm recently made headlines when it opened an office in Singapore.
Alibaba-backed Baozun completes acquisition of Gap Shanghai
Baozun had signed a deal to acquire Gap Greater China for $40m last Nov.
China Creation Ventures prepares for third fund, eyes global market
CCV closed its second fund in 2020 with a corpus of over $300m.
China’s Riverhead Capital closes second RMB fund at nearly $295m
Riverhead Capital focuses on investments in medical care, emerging technology, new consumption, and real estate.
HK luxury watch platform Wristcheck bags $8m seed funding led by Gobi Partners
Wristcheck will use the seed round proceeds to expand further into Asia.
The LP View: Secondaries, continuation funds will come to the fore as IPO market remains grim
The global IPO market is unlikely to improve in 2023, at least not in the first half.
