Nguyen Thi Bich Ngoc
Senior Writer, Private Equity and Venture Capital
The Goldin asset is said to have enjoyed an increase of HK$4.2 billion in fair value by the end of 2018, from the HK$12.5 billion fair value in 2016.
The facility is aimed to to enhance the Cambodian lender’s capacity to serve local SMEs.
Michele Daoud, who is based in Singapore, also becomes Monk’s Hill Ventures’ first female partner.
Pony.ai, co-founded by former Baidu executives, had raised a total of $214 million in its Series A and A1 financing rounds in 2018.
North Base, which has backed 23 startups, is targeting to raise $75 million for its NBM Investment Fund II.
The Japanese firm’s stock price going above Bain’s tender price of 700 yen ($6.3) was largely behind the shareholder objection.
DCL Investments is aiming to reach the final close for its RMB vehicle in the first half of this year.
The fundraising, which marked the third round of financing Shenma has raised in the last six months, was completed in January.
The consortium includes Innovation Network Corporation of Japan (INCJ), Sony Corporation and Nissha.
Bain has named Jean-Pierre Felenbok as its managing partner for Southeast Asia. He will succeed Satish Shankar, who was promoted to managing partner for Asia Pacific in March.