LPs warm up to crypto strategies – survey
Two in five LPs regard crypto-enabling businesses as a legitimate investment target, according to Coller Capital’s latest private equity barometer survey, underlining the sector’s emergence as a mainstream target for PE and VC.
The survey found that 30% of respondents already have exposure to funds active in the space and a further 13% expect to make relevant commitments in the next few years. Within Asia, the likes of Openspace...
Co-Stone leads $43m round for China biosynthesis player
Co-Stone Capital Management has led a CNY 300m (USD 43m) Series B round for Readline, a Shenzhen-based company that specialises in synthetic biology.
Australia’s Heal Partners closes debut fund on $137m
Australia’s Heal Partners, a health, education, and lifestyle-focused venture capital firm, has closed its first fund on AUD 200m (USD 137m). The target was AUD 100m.
US regulator gets access to Chinese audits
The threat of delisting that has haunted Chinese companies that trade on US exchanges appears to have receded after the US regulators announced they had gained full access to the audits of these companies for the first time.