By Sabrina Willmer
PE firms are finding opportunities to invest in Japan boosted by negative interest rates and an effort by PM Shinzo Abe to improve corporate governance.
Kakao Corp’s unit proposed launching the car-sharing service last year, but was not able to start it amid fierce protests.
The funds will support the clinical development of Milu Labs’ technology pipeline in China and across Asia
Satish Shankar will be responsible for leading Bain’s business across the APAC region and overseeing strategy, operations, training and development.
The New York-based firm notified investors that the first close for its eighth buyout fund may be in March or early April.
Family-owned investment firm Advance counts Condé Nast, Advance Local, American City Business Journals, Sports Business Group, 1010data, and Stage Entertainment among its portfolio companies.
The position was vacated late last year after three of the firm’s most senior members resigned to set up their own businesses.
US and Shanghai-based venture capital firm GGV Capital has promoted its vice president Robin Li to the position of Principal.
Kakao plans to launch its e-bike sharing service with a fleet of 400 bikes in each city and gradually expand to 1,000 by year-end.
There is now a higher risk of policy mistakes coming from governments or central banks and the sustainability of corporate profit margins near all-time highs is under threat.