Investment banks ditch the diet and look to expand: Study


Investment banks have been on an “intensive diet” since 2011.

Tesla raises $1.2b, tapping market again for funding

This is its second such capital raise in the past 12 months.

A new breed of sovereign wealth fund is emerging from nations in deep debt

It was once the preserve of rich oil exporters or nations with trade surpluses,

Thiel’s Palantir in escalating court battle with early investor

KT4 Partners LLC has sued the privately held data analytics company.

S Korea’s Netmarble Games considers up to $2.56b IPO

This could be South Korea’s second-largest listing ever.

Toshiba attracting more potential bidders for chips unit

Toshiba Corp.’s memory chips business is attracting more potential bidders ahead of an end-March deadline, including Japanese government-backed entities, people with knowledge of the matter said. The Development Bank of Japan is considering a joint offer with U.S. financial bidders, people familiar with the matter said, asking not to be identified… Read more »

Rocket-backed Helpling raises $10.7m led by Singapore’s APACIG

On-demand cleaning services platform Helpling has raised nearly $10.7 million (S$15 million) from existing investors, led by Singapore-based Asia Pacific Internet Group (APACIG), a start-up incubator established jointly by Rocket Internet and Ooredoo. Other investors in the Berlin-based start-up include Rocket Internet, Lakestar, Accel Partners, and Mangrove Capital. As per a TechCrunch… Read more »

As you wait for Aramco, here are other Middle East IPO hot spots

IPO activity in the region may pick up this year.

2016 Second best year in record for APAC’s PE, Internet fever remains strong: Bain

In 2016, fund-raising of $43b slightly trailed the five-year average

Algorithmic VC Follow The Seed launches $50m Israeli global fund

Next generation data-driven VC fund, Follow The Seed, announced today that it has launched a $50 million Israeli global fund, which will be open for investments early 2017. The fund – aimed to cater to under-resourced market of startups seeking between $500,000 and $2 million – has already received over… Read more »