Axiom Asia raises $1b for fourth fund-of-funds, beats $750m target


Axiom Asia has closed its $1 billion Fund IV, which was oversubscribed and had an initial target of $750 million.

Genbridge Capital to raise $500m for maiden China-focused VC fund

Cayman Islands-based Genbridge Capital, which has two members of JD.com’s M&A team in its founding team, has proposed to raise a $500 million maiden venture capital fund, according to a filing with the SEC. General partners in GenBridge Capital Fund I, L.P. include Bin Chang, Sidney Huang, Hui Li and… Read more »

Falcon House raising $300m second fund for Indonesia; IFC commits $25m

Jakarta-based Falcon House Partners is targeting to raise a $300-million second fund, Falcon House Partners Fund II, L.P, with World Bank’s private lending arm International Finance Corporation committing an investment of $25 million. According to an IFC filing, the development finance institution (DFI) is considering an investment of up to… Read more »