Nguyen Thi Bich Ngoc

Senior Writer, Private Equity and Venture Capital​

NZ’s Direct Capital takes minority stake in retirement village operator Qestral

Qestral’s portfolio includes two villages in Christchurch and sites in Nelson and Hamilton where village planning and development is underway.

In Vietnam, it is about going after returns rather than chasing unicorns

While billion-dollar valuations help a market attract attention, an early startup market such as Vietnam needs to first build sustainable companies.

Blackstone to buy stake in Taubman’s Asia retail assets for $480m

Blackstone is making the investment through its Core+ real estate investment unit, which targets substantially stabilised office, logistics, residential and retail assets.

Japan’s Advantage Partners acquires Vietnamese fashion chain Elise

The transaction has marked the first acquisition of a company in Vietnam by Advantage Partners’ funds.

EQT Partners to acquire 10% stake in Chinese third-party payment firm VBill

The funding will be made through its EQT Mid Market Asia III fund.

Blackstone in talks to acquire 25% stake in Aussie fitness operator F45: Report

Blackstone is said to be currently conducting due diligence, which is expected to last another month.

Australia’s Future Fund delivers strong returns driven by high PE exposure

Australian sovereign fund Future Fund said its 10-year return as of 2018 has been strongly driven by the increasing exposure to private equity investments.

US-based InVision acquires Australia’s ‘Github for designers’ Trunk

Trunk received seed funding from Australian accelerator Startmate in early 2018, while InVision is backed by Goldman Sachs and Tiger Global Management.

oBike’s new owner applies for e-scooter service licence in Singapore

Omni Sharing, the new entity, has applied for a sandbox to rent out 500 scooters.

LaSalle Investment Management acquires Tokyo-based residential assets

LaSalle considers newer residential buildings in major cities as an excellent investment opportunity available in Japan.