News > Asset Management, Venture Capital

PE & VC Fund Managers Grappling to Realize Value
Against a backdrop of elevated dry powder figures and healthy fundraising for both private equity and venture capital, the sheer mass of distributions to limited partners that have prompted recommitments must be noted. No less than $416 billion was sent back to LPs by PE managers in 2015, while their venture counterparts tallied up $65.1 billion—both highs for the decade.
After Raking It in for Some Time, PE & vc Fundraising Set to Slide
In our most recent PE & VC Fundraising Report, several key trends stood out, chief among them continued fundraising success across both asset classes and immense dry powder levels. One would surmise that in the wake of such success, the gentle decline in fundraising volume for PE firms and the equilibrium for venture fundraisers suggest enthusiasm may be tempering. However,
Which Private Equity & Venture Capital Firms Ruled 2016?
Everyone loves lists. Fortunately, given PitchBook’s trove of private equity, venture capital and M&A coverage, we’ve been able to assemble the most comprehensive rankings of PE, VC, advisors and law firms in 2016. From the most active venture firms in the Great Lakes to the most prolific advisors on PE- or VC-backed IPOs, find out which firms are atop the
Video: VC explains why Hong Kong is becoming a vital fintech hub
<p>VC explains why Hong Kong is becoming a vital fintech hub from NexChange on Vimeo.</p>
Sequoia, Legend back Baidu’s online education platform
<p>The Chinese internet giant Baidu is about to spin-off its “after school” education platform Zuoyebang, attracting investments from two of the world’s largest venture capital firms.</p> <p>According to TechCrunch, Zuoyebang has just completed a Series A funding round with Sequoia China and Legend Capital, though how much the two invested into the former student Q&amp;A site is currently unclear.</p> <p>It’s probably a lot though. Zuoyebang reportedly boasts 50 million registered users, 3 million of which use it on a daily basis to rifle through the 950 million questions and answers the platform currently has on file. It can also be used within 113 schools around China, a huge plus against Tencent and Alibaba in the current war for control over China’s online education market.</p> <p>This isn’t the first time Baidu spun-off one of its subsidiaries; Baidu Takeout Delivery raised $70 million from the Japanese noodle chain Ajisen Ramen and the Chinese private equity firm The Hina Group earlier this year, while 91 desktop – Baidu’s desktop theme app – was also purged from the mothership in a move widely seen as a promotion of the startup culture.</p> <p>This is what they had to say regarding the spin-offs:<br /> “This strategy aims to promote the independent quality assets, and to foster Baidu’s open ecosystem.”<br /> Photo: 드림포유</p>