People Digest: Bruno Morel quits VP Bank; Smile Group gets new CEO
VP Bank’s head of investment advisory Thomas Rupf will assume the role of the CEO on an interim basis.
China-focused PE Hosen Capital closes US dollar Fund III at $800m
Hosen will continue to invest in buyout and growth opportunities in the food and consumer fields.
People Digest: Ex-Blackstone exec joins GLP China; CEC Capital names partner
Tim Wang will be responsible for co-leading GLP China’s logistics and industrial real estate business.
Oceanpine Capital leads $73m funding in US biopharma firm Immune-Onc
The latest funding brings the total capital raised by the company to $110 million.
Ex-Citrus Pay founders invest in Indian payments startup Easebuzz’s $4m seed round
The funding was led by 8i Ventures, Varanium Capital, and Guild Capital.
FMO approves $50m investment in microfinance lender BRAC Bangladesh
The 5-year facility will be fully earmarked for the financing of the microloan portfolio of the company.
Japan’s YJ Capital merges with LINE Ventures, launches $271m fund
The new fund is among the largest corporate VCs in Japan.
China Everbright, AIoT firm Terminus raise additional $305m for smart city fund
The new capital commitment came from the local government of China’s Deyang city.