By Emele Onu
Abraaj is being restructured by liquidators in a bid to settle more than $1 billion of its debts through asset sales.
AI technology has matured in recent years, as more companies have started using predictive algorithms and other automated techniques across myriad disciplines.
AlpInvest Partners has made its first dedicated hire in Japan while Hong Kong-based Jardine Matheson has appointed an outsourced chief investment officer for its pension assets.
GIP focuses on projects in the energy, transport, water and waste industries and invests in developed and select emerging countries.
The online coding school is said to be valued at $150 million after the Bedrock Capital-led financing.
Based in Hong Kong, he reports to Sjoerd Leenart for corporate banking duties and Nicolas Aguzin from a regional perspective.
Apollomics, incubated by OrbiMed Asia at inception, is engaged in the discovery and development of oncology combination therapies.
Goldman’s pledge to inject $500 million into firms run by women may help burnish the bank’s reputation among budding businesses.
It’s part of a larger shift in the industry as drugmakers scramble to consolidate, seeking to bulk up to survive the increasing pressure from stricter regulations on drug prices and looming patent expirations.
Praxis Capital, Stonebridge Ventures, ID ventures, MG investment, and Seoul Investment Partners were the investors.