JPMorgan Chase & Co. and Morgan Stanley lost out on their cut of what would’ve been the year’s biggest IPO last week.
Carbar plans to use the capital raised to expand its vehicle subscription model.
Riid will invest the fresh capital to spruce up its R&D facilities and B2B service.
ADIA has been boosting its in-house teams as it cuts the use of external fund managers.
The sale drew interest from potential buyers who ultimately baulked at the franchise's NZ$120-million ($80.26 million) price tag.
The current Craveable Brands management will continue to lead the business.
Foreign equities, which account for 25% of the fund portfolio, picked up in Q4 delivering over 8 per cent returns.
Apple's recent shift away from liquid-crystal displays (LCDs) has triggered a funding crunch for Japan Display.
Led by David Shirt, Astris Advisory Japan was formed a year ago.
The firm is said to target $300 million for a USD-denominated portion of the fund.
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