APAC private capital market looks to positive news from China for growth: Preqin

APAC private capital market looks to positive news from China for growth: Preqin

Asia-Pacific’s private capital sector could get support from Chinese government stimulus as well as greater development of other financial markets in the region, according to data provider Preqin. China’s contribution to the region’s market for private capital has tumbled significantly in recent years, but stimulus measures and reforms from Beijing could spark a turnaround, said…

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Hong Kong VC MindWorks raises US$220 million in new fund, defying private capital slump

Hong Kong VC MindWorks raises US$220 million in new fund, defying private capital slump

Hong Kong technology venture-capital (VC) firm MindWorks Capital has finalised a new US dollar fund to invest in start-ups across the Greater Bay Area and Asia, defying an extended slump for China-focused private investments amid geopolitical headwinds. MindWorks closed a US$220 million new fund, with investors including sovereign wealth funds, a university endowment, asset managers,…

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