Opportunities arising out of “deglobalization” would be one of the themes the fund would focus on.
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
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
The custom GPTs and store were set to be launched in Nov.
Policy & Regulations
The rules come into effect in 2024 for completed batteries and in 2025 for critical minerals used to produce them.
Apple Inc’s market value jumped 11.2% to $2.95 trillion over the past month.
Golub has been making appointments in Asia and Latin America in recent months.
In terms of data centre market maturity, Asia is still trailing behind North America.
The PE firm is reportedly looking to raise $4b in capital commitments for the latest fund.
Aramco’s Prosperity7 was a lead investor in the $25m round raised by Rain AI in 2022.
The lack of action across the sector presents a risk to the US, said Deputy Treasury Secretary Wally Adeyemo.
The deal will allow Seven & i to establish itself as an industry leader in Australian convenience store market.