China Private Equity

Chinese private equity firm Hillhouse Capital Group has acquired stake in Nobell Foods, a US-based Alternative protein company in a Series B fundraising of $75 million.

Nobell Foods is established in 2016 and offers a plant-based alternative to animal-derived cheese. (Hillhouse is a Chinese private equity firm investing globally which is founded in 2005 and has made more than 200 investments so far. It has offices in Beijing, Hong Kong and Singapore).

HillHouse Capital Group is listed in the Chinese Investors Directory with the code JC76

The Chinese fintech conglomerate CreditEase FinTech Investment Fund (CEFIF) and a consortium has acquired stake in Pipe, a US-based trading platform for recurring revenue streams, for $250 million.

Pipe is founded in 2019 and has signed on over 4,000 companies to its platform with a tradable annual recurring revenue in excess of $1 billion. (CEFIF is a venture fund investing in Fintech companies globally which is founded in 2016 and has made more than 72 investments fo far).

CreditEase FinTech Investment Fund (CEFIF) is listed in the Chinese Investors Directory with the code JN16

Chinese private equity firm Terra Magnum Capital Partners has invested $2.35 million in US-based RNAimmune

Founded in 2016, Terra Magnum Capital Partners (TMCP) has over $800 million assets under management and specializes in both direct investments and fund investments. It has offices in Beijing, Shanghai and United States. Sha Wang, Ben Wang, Ray Yang, Frank Qin, Ming Liu and Justin Chang are among their partners and directors. (RNAimmune is a biopharmaceutical company in Gaithersburg with more than 20 years of experience in cancer therapies, antibody therapies and treatment of rare diseases)

Terra Magnum Capital Partners is listed in the Chinese Investors Directory with the code SJ78

Chinese Ping An Global Voyager Fund and a consortium has invested $70 million in Israel-based MeMed Diagnostics diagnostic solutions provider.

MeMed Diagnostics is to translate the signals of the immune system into simple diagnostic insights that transforms the way we treat infectious diseases and inflammatory disorders. (Ping An Insurance Company of China is a Chinese holding conglomerate whose subsidiaries mainly deal with insurance, banking, and financial services. The company was founded in 1988 and has its headquarters in Shenzhen)

To see a listing and email addresses of investors from China similar to Ping An Insurance, check the Chinese Investors Directory.

Chinese private equity firm GSR Capital is investing $270 million in blockchain startup tZero, a subsidiary of US e-commerce firm Overstock.com.

Overstock.com is an online retailer based in Salt Lake City, Utah that sells a broad range of products at low prices. The website t0.com is a majority owned subsidiary of Overstock.com, focusing on the development and commercialization of blockchain technologies. (GSR was founded in 2004 by Sonny Wu and Richard Lim. Today, "GSR Ventures", "GSR United Capital" and "GSR Capital" are three teams set up by the partners in 2016. They have offices in Beijing, Hong Kong and the USA. More details here.)

GSR Ventures is listed in the Chinese Investors Directory with the code OR63.

Chinese private equity firm Gaw Capital and a JV has acquired 50% stake in Spanish hotel chain Hospes Hotels which values the firm at $145 million.

Established in 2000, Hospes Hotel Group is a boutique hotel brand in Spain with 10 properties in Madrid, Alicante, Granada, Valencia, Mallorca, Cordoba, Seville, Caceres and Salamanca. Gaw Capital has raised a total of $10 billion equity since 2005 with around $18 billion assets under management. The investment is done through a fund managed by GCP Hospitality, forming a joint venture with the Spanish investment company Omega Capital. More details here.

To see a listing and email addresses of investors from China similar to Gaw Capital, check the Chinese Investors Directory.

Chinese firm Beijing ByteDance Technology Co has acquired Musical.ly, the entertainment social network, for $800 million.

Musical.ly is a creative platform that makes it easy for everyone to make videos. Since it was launched in October 2014, Musical.ly has become a popular social networks for short form video in the United States, Europe, South America and India. (China's Bytedance was founded in 2012 and its flagship product, Toutiao, is the largest AI-powered content platform in China.)

To see a list of investors from China similar to AGIC Capital, check the Chinese Investors Directory.

More details follow:

Continue reading "Chinese firm Beijing Bytedance acquired Musical.ly for $800 million" »

Private equity firm AGIC Capital has acquired Ritedose, a US pharmaceutical company, for $600 million.

Founded in 1995, Ritedose is well-known for their blow-fill-seal (BFS) manufacturing process. They are based in South Carolina with a manufacturing and packaging facility of 120,000 sq ft which has a capacity of 1.7 billion units per year. (AGIC Capital was established by China banker Henry Cai in 2015 and ventures into sectors like healthcare, energy generation, manufacturing and robotics.)

To see a list of investors from China similar to AGIC Capital, check the Chinese Investors Directory.

More details follow:

Continue reading "Chinese investors of AGIC Capital acquired South Carolina Ritedose for $600 million" »