Online language live tutoring company TutorGroup has raised US$15 million in growth financing from Qiming Venture Partners. This investment will fund the rapid expansion and broad delivery of TutorGroup services throughout China.
Sectors
Sparks fly over dark pools stock trading reform
Europe's regulators are closing in on reform of "dark pools" stock trading, a move aimed at increasing transparency but which long-term investors fear will increase their trading costs.
BlackRock, China's CIC to launch investment fund: FT
BlackRock Inc and China Investment Corp will jointly launch an investment fund likely to be worth several billion U.S. dollars, the Financial Times said.
Haitong Securities flat in HK debut after $1.7 billion listing
Shares of Haitong Securities Co Ltd, China's second-biggest broker by assets, were little changed in its Hong Kong debut on Friday, as concerns over Europe's debt troubles dampened investor demand for new listings.
CD&R founder, private equity pioneer Rice steps down
Joe Rice, a founder of private equity firm Clayton, Dubilier & Rice LLC, is stepping down after 34 years at the company, according to a letter sent to investors.
Latest News
The rise of the corporate venture fund and the landscape for early-stage venture capital investing are emerging key themes at BioTrinity.
Site launches with 3D virtual fitting technology to transform the way we shop, try-on, and buy opticals and sunglasses.
Shape Security has closed a $6 million Series A financing round led by Kleiner Perkins Caufield & Byers (KPCB) and Google Executive Chairman Eric Schmidt's TomorrowVentures.
United Mobile Apps Pvt. Ltd. is pleased to announce that it completed its Series A round of funding, of one million USD led by Mumbai Angels.
Viper Powersports, Inc. announced today that its subsidiary, Viper Motorcycle Company (VMC), has completed a financing agreement with Precious Capital, LLC
The Newsweek/DailyBeast Company LLC and TStone Corp. are entering into a joint venture in Asia. The Newsweek/DailyBeast Company LLC and TStone Corp. , a leading Asian private equity firm which focuses on media, education and financial services are entering into a joint venture in Asia.
Galenea Corp. today announced that The Stanley Medical Research Institute (SMRI) will provide $6 million in an equity investment.
assets under management (AUM) in Asia ex-Japan & Australia, are expected to nearly double to US$4 trillion by 2015.
The challenges facing the asset management industry such as the implementation of new regulations, are accelerating and could make the remainder of 2012 a turning point for many companies, compelling them to take transformational steps to improve their competitiveness.
