Joint PR’s Post

Adrian Cheng is taking his venture fund C Capital to the world stage! Key Points: + C Capital merging with Swiss-listed Youngtimers AG + New entity: C Capital AG on Swiss Stock Exchange + $700M+ in assets under management post-merger + Portfolio includes SHEIN, NIO, XPENG, and SenseTime 商汤科技 This move bridges Asian innovation with European capital, showcasing the global ambitions of Hong Kong's next-gen Business leaders. Adrian Cheng, 44, Executive VP and CEO of New World Development Company Limited, is reshaping the VC landscape. Family net worth: $23+ billion (Bloomberg Billionaire Index). Will this spark a trend of Asian VCs going global? #Growth #VentureCapital #Finance #Innovation #Transformation #SwissStockExchange #Business #Investment #PrivateWealth #NextGen #HongKong I Bloomberg News I Venus Feng

📈 Early-stage #VC deal value surged by 56.9% quarter-over-quarter, hitting $16 billion in Q2. However, the figure was driven by select outsized deals, according to our Q2 PitchBook-NVCA Venture Monitor report. 📊 Despite this significant jump, ongoing liquidity constraints stemming from low exit counts have flattened US venture #capital dealmaking. Based on preliminary data from our report, acquisitions and public listings are on track to land at the lowest levels seen in a decade. 💡 In partnership with the National Venture Capital Association and sponsored by J.P. Morgan, Dentons, Deloitte, and Juniper Square, our Q2 Venture Monitor report examines exit, fundraising, and deal trends amid prolonged challenges in the VC environment and what #investors should be aware of in the year ahead.   Learn more in the report here: https://pitchb.co/UPjOwJ

In Venture Capital you are supposed to be contrarian and right. However… I find VCs to be under tremendous pressure to conform with thoughts of other VCs forcing them from taking a contrarian position. Why? That's because of how their success is defined in the short run. Now, how do VCs are judged if they are doing a good job? - Long term (8-10yrs): big outcomes with IPOs, secondaries & large acquisitions - Short term (2-3yrs): portfolio up rounds. And that short term success is important - esp. when you are trying to raise the next fund! And what gets you the up round? An approval from other VCs - esp. the larger ones. Hence, as a VC it is always more important to find a deal that others will fund as well in the short term - as against ones that will make a sound business in the long term. #RealitiesofBusiness

Only 2% of IT companies and startups in the world make it to IPO. Therefore, when I ask entrepreneurs where they see exit for themselves and investors, and I hear only about going public, I wonder what are other options there. As practice shows, in addition to IPOs, MBOs (buyout of shares by managers), buyout by a late-stage investor (secondary), or most often M&A (mergers and acquisitions) are more common. By the way, for our portfolio of the first MOST Ventures fund, I also foresee the majority of exits through M&A. And here I am talking about venture business models, when you invest in a company that is growing and is capable of growing to such a scale that there is a large buyer for it. That is, free money is invested in growth, and the main goal is to increase the capitalization of the company and its subsequent sale. In dividend models, the main goal of the founders and investors is to develop the company to the point where it starts to bring dividends. Investors invest in growth only to the extent that it helps increase dividend flow. These thoughts plus my opinion on the investment market were shared at a recent M&A community meeting organized by international audit network Baker Tilly Kazakhstan Olga Zagidullina, CFA and iDeals Anna Volfman Thank you for the invitation! I was also glad to hear insights from one of the strongest lawyers I know, my partner Vladimir Shuster By the way, recently on the initiative and with the support of Qazaqstan Investment Corporation and personally Ainur Kuatova, the M&A and Market Research Department of Baker Tilly Qazaqstan Advisory conducted a large-scale research of the private equity market in Kazakhstan. The link is in the first comment. Recommended to study. #MOST #mostecosystem #BakerTilly #iDeals

Wellington Management provides an in-depth analysis of the evolving venture capital market in Asia, addressing the complexities and opportunities within the region. Despite rapid growth and a rise in the number of unicorns, the performance of Asian venture capital funds has generally fallen behind their Western peers. The article explores factors such as overcapitalization and regional market dynamics and offers actionable insights for investors looking to optimize their approach in Asia's VC ecosystem. https://lnkd.in/dbrKhmhq #Venture #VentureCapital #VC

Venture Capital & Emerging Companies Co-Chair Jeremy G. spoke with the San Diego Business Journal about trends in the VC market in the San Diego tech space this year. Jeremy notes that although only a few IPOs seen in the first quarter performed well in the aftermarket, there are some bright spots to watch. Jeremy says, “That pretty much shut down the IPO market for the last two quarters. On the positive side though we saw a pick up in new investments in new portfolio companies by VC funds and a return to the market by PE shops in the M&A market." Read the full article here: https://bit.ly/3yQgkxO

The David vs. Golias #FundRaising battle 🤺: Despite a tough fundraising environment for newcomers, established funds are thriving. The latest PitchBook-NVCA Venture Monitor reveals that experienced firms continue to raise significant capital, showcasing their enduring confidence and proven track records. Emerging managers, capturing only 23% of fund value YTD, face a challenging landscape but show promise with innovative strategies. The funding gap between established and emerging managers is widening, favoring larger funds over $400M and $500M. Checkout below for details. #VentureCapital #mergerandacquisitions #StartupFunding #EmergingManagers #EstablishedFunds #InvestmentTrends André Thiollier

近日，Deal Street Asia發佈了對諾亞的採訪報導。諾亞控股有限公司的聯合創始人及CEO，同時擔任歌斐資產的執行合夥人兼創始人及董事長殷哲先生在採訪中表示，“諾亞的戰略目標是將公司在中國大陸私募市場的專業知識複製到海外市場。通過加強與海外基金經理的溝通和資訊交流，掌握他們的投資重點和市場洞見，增加私募股權和風險投資領域的美元部署比例。” 基金(FoF)產品仍是諾亞控股海外擴張的核心，為此諾亞將積極拓展全球GP網路，增加與包括並購專家、頂尖風險投資公司以及擁有良好往績和深厚行業專業知識的新興基金管理人在內的合作，以應對客戶尋求多元化資產配置的需求。 Recently, Deal Street Asia published an interview with Noah Holdings. The co-founder and CEO of Noah Holdings Limited, Managing & Founding Partner and Chairman of Gopher Asset Management, Yin Zhe, stated: "Noah's strategic goal is to replicate the company's expertise in the Mainland China private equity market into overseas markets. We will deepen our communication and information exchange with overseas fund managers and learn about their investment focus and market insights, we aim to grasp their investment focuses and market insights, and increase the proportion of dollar deployments in the private equity and venture space." Fund of Funds (FoF) products remain the core of Noah Holdings' overseas expansion. To this end, Noah will actively expand its global GP network and increase cooperation with experts in mergers and acquisitions, top venture capital firms, and emerging fund managers with strong track records and deep industry expertise to meet clients' demands for diversified asset allocation. #noah #noahholdings #dealstreetasia

Investing in tech startups is a long term game and not a short term game. Eunice Ajim shares insights on how to make money when you invest in African Tech Companies You can watch the full video here https://lnkd.in/duuyDgwr

Foley & Lardner LLP is representing Kapital through its latest milestone in its journey to revolutionize Latin American enterprises. Founders Rene Saul and Fernando S. led team Kapital, whose Series B round included $40 million in equity and $125 million in debt from a syndicate led by Tribe Capital , CERVIN VENTURES FUND III B LP , Tru Arrow Partners , MS&AD Ventures and Alumni Ventures. The Series A completed earlier this year was led by Niya Partners and the Seed was led by Tenacity Venture Capital (Benjamin Narasin ). Kapital, based in Mexico City, is harnessing the power of AI to transform the landscape for small and medium-sized enterprises in Latin America. With a focus on predictive analytics, Kapital is empowering businesses to optimize margins, and is already providing loans to 80,000 customers across Mexico, Colombia, and Peru. Team Foley was led by my partner André Thiollier, with assists from Lyman Thai , Erik Nguyen , Ashley Youn-Jae Lee , Saige Gallop , Robin Zhang and yours truly. For more information on this partnership, read our Foley Ignite article here - https://lnkd.in/gXCFgusy #fintech #mergers #latam #innovation #venturecapital #mergersandacquisitions #foleyforward #garage2global