MioTech announced that HSBC has invested in the company in an additional financing round to its Series B, further expanding the company’s stellar investor base which already includes ZhenFund, Horizons Ventures, Moody’s and TOM Group. Read more: https://bit.ly/3qpKhLe
TIG Advisors, the New York-based alpha-focused manager which makes growth equity investments in alternative asset management firms, has bought a minority stake in Hong Kong-based credit and distressed situations specialist Arkkan Capital. Read more: https://bit.ly/3oTy5Cf