Team DealStreetAsia

Tanglin Venture Partners launches $50m fund for SEA, India investments

The Singapore-headquartered firm’s co-founders are former Tiger Global executives Ravi Venkatesh and Edwina Yeo.

EQT-backed In.Corp says ready to take on the Big Four

Since its backing by EQT Partners in 2016, In.Corp has adopted the Swedish Private equity’s famed platform approach, and has acquired 12 firms in the region.

Virginia Retirement System commits $150m to SSG Capital’s fifth vehicle

The Asia-focused special situations investment firm is said to be seeking $1.5 billion for its latest private credit vehicle.

Wavemaker Partners raising $100m third fund, IFC may put in $5m

Wavemaker SEA Fund III is focused on seed-stage investments in B2B deep tech firms.

CapitaLand, Ascendas-Singbridge ink $8b deal to create Asia’s largest real estate group

Post transaction, the combined total assets under management (AUM) of the group will exceed S$116 billion.

Warburg Pincus commits up to $300m to Chinese urban renewal operator CREATER

This also comes at a time when Warburg Pincus LLC is looking to raise its second China-focused private equity fund of up to $4 billion.

Singapore Exchange specifies guidelines for listed cos issuing ICOs

The rules covered only the listed entities and not the tokens or the holder of the tokens.

US insurer MassMutual completes sale of Asia unit to Yunfeng, others

Following the deal, Yunfeng FG will hold a 60 per cent stake in Hong Kong-based MassMutual Asia.

SoftBank Vision Fund invests $300m in US-based Automation Anywhere

By automating routine tasks in the workplace, the company claims to increase productivity and enabling people to focus on more challenging work.

Sunrise Capital-II’s Outsourcing Investments acquires Good Support, People Support

Both Good Support and People Support provide staffing services for general manufacturing staff, mainly in the Tokai region across a variety of industries.