When compared to 2015’s high of $6.1 billion, the amount raked in by PE firms has been significantly lower.
The sovereign wealth fund pumped in $853 million in VinHomes in 2018.
Q & A
The $14-million micro fund is targeting up to 100 investments in Vietnamese startups.
The startups have received $50,000 each in seed funding from Insignia Ventures Partners.
The fragmentation in the realty market makes it ripe for consolidation, says Golden Equator Capital’s Daren Tan.
This transaction will be the first development finance institution loan to Sajida.
DealStreetAsia first broke the news in July, when sources familiar with the matter had pegged the deal size at $4-5 million.
The oversubscribed fundraising enabled Xiang He Capital to exceed its initial target of $350 million.
Thailand-based 2C2P was recently the target of a failed acquisition attempt by Southeast Asian ride-hailer Grab.
Cortp.com offers recyclable packaging solutions to its customers.
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