Analysis
The past week saw several fundraisings and deals in the climate sector.
Editor’s take: The week that was—Nov 27-Dec 2
Clouds gather over Alibaba's key unit after IPO plans scrapped
Canada's Brookfield raises record $28b for infrastructure fund
OpenAI defers launch of custom GPT store to early next year
US to limit Chinese content in battery parts eligible for EV tax credits
More Stories
One of the biggest constraints for Asia’s private credit sector is talent: Elham Credit’s Siddhartha Hari
Wellington Management emerges as an outlier amid late-stage funding crunch
People Digest: Golub Capital opens Hong Kong office; KKR announces key appointments
IHH Healthcare seeks acquisitions in Indonesia, Vietnam; eyes turnaround in China
Indonesia’s Bank Jasa banks on Astra’s ecosystem to make a mark in digital banking
Cloud computing was supposed to be a surefire growth driver, but the future looks less sunny.
The facility is expected to have an annual capacity of 20,000 cars.
Alibaba’s stock slipped 3.2% to $72.5, touching a fresh one-year low.
Venture Capital
Qiming Venture Partners, Alwin Capital, TF Capital, and K2VC re-upped in the round.
T12M Ventures targets early investments in AI, smart city, and digital solutions.
People
Golub has been making appointments in Asia and Latin America in recent months.
Opinion
Of 22 public pension and SWFs managing $4.3t in assets, not one had a positive outlook for China’s economy.
Evergrande has until a HK court hearing on Monday to present a “concrete” revised debt restructuring proposal
The round was participated by CICC Capital, and Phoenix Tree Capital Group, among others.
