People
Manuell will replace the outgoing Mark Delaney.
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SK Hynix joins $1t club after Samsung, Micron on AI chip boom
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AustralianSuper names Shaun Manuell as its next CIO
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India: Growth-stage VC Physis Capital makes final close of debut fund at $42m
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Vietnam's Pharmacity secures growth capital from LeapFrog Investments
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HK watchdog raids local units of two Chinese brokerages
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Australian govt’s impact investment vehicle commits $10m to Do Ventures Fund II
Pacific Channel acquires Singapore-based ENGIE Factory APAC
Indonesian crypto bourse Pintu lays off around 20% of workforce
Stride CEO sees big potential in solar solutions for smaller customers
Private capital sponsors turn inward amid SE Asia’s exit slowdown
IPOs & Markets
AustralianSuper said an Australian listing would benefit Glencore and the exchange.
Analysis
It has launched a technology fund to invest in AI-focused managers and deals.
Deals
ByteDance is set to procure millions of Qualcomm chips.
ASX said its total expenses would rise by up to 21% in 2027.
SpaceX’s debut is expected to be followed by OpenAI and Anthropic.
Delivery Hero’s board is mulling either a total sale or a series of deals.
Variational launched in invite-only private beta in January 2025.
Private Equity
Hillhouse said the investment would be made through Rava Partners.
Keeta announced its entry into the Brazilian food delivery market about a year ago.