Yao Capital seeks $250m for overseas sports assets with China focus

Football Soccer -Atletico Madrid v Rostov - UEFA Champions League - Vicente Calderon stadium, Madrid, Spain, 1/11/16. Atletico Madrid's Koke and Diego Godin celebrate at the end of their match. REUTERS/Susana Vera

Yao Capital, the Chinese private equity firm co-founded by former NBA superstar Yao Ming, said it aims to raise $250 million for its first U.S. dollar fund that will invest in overseas sports assets with relevance to the Chinese market.

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In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

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  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
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