Private Equity
ASP Philippines last made a partial close in 2021 at $68.6m.
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India Digest: Kaleidofin, Vahan raise funding
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Vietnam's NextBold Capital seeks to raise $100m for IndoChina-focused fund
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Indonesian tech giant GoTo names William Xiong as new group CTO
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India's Nazara Tech raising $107m from SBI MF, Think Investments, others
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Adaptability, focus on core business principles can help founders survive funding winter
More Stories
Slow exits cast a pall over Asia’s PE market, but growth potential intact
SE Asia’s potential for mid-market PE holds promise despite macro risks
Temasek-backed 65 Equity Partners acquires minority stake in Kendra Scott
Nomura joins Mizuho, Carlyle in race to buy Indian PE firm Avendus: Report
Indian diagnostic service provider Redcliffe Labs raises $42m in Series C round
Deals
The deal highlights the growing prominence of Dubai as a global financial hub.
The two pension funds have signed a non-binding MoU to explore a merger.
MGX, the Abu Dhabi-backed investment company, will be a general partner in the fund.
Kendra Scott, the brand’s founder, will continue to hold the majority stake in the company.
Venture Capital
Mubadala and Silver Lake hold stakes in G42.
Analysis
ByteDance has until until Jan. 19 to sell or divest TikTok’s US assets or face a ban.
The commitments were made to funds of TPG, Macquarie, and BentallGreenOak.
The AI startup is said to be finalising a $6.5b round.
The final fund size is half the amount originally targeted, according to the report.
