By Joji Thomas Philip
“For the PE landscape, the big LPs have learnt from the GPs, and they are beginning to write their own terms, and one of the first things they seek is co-investments. While this has been around for a long time, it is increasingly the case with the more sophisticated LPs – they are almost competing with GPs, they are also having a say in the deals the GP does,” Leahy said.
With the Ropemaker Place deal, Ho Bee Land’s investment portfolio in London now stands at $1.7 billion.
With this, the fintech app Toss parent has secured a total funding till date of $116 million.
For PE investors who began betting big on the ride-hailing firm in second half of 2015, the paper returns are yet to be ‘huge’.
With a potential upsize of $592 million, the debt facility is part of the $700 million in debt financing announced by Grab last October.
The investment is also seen as a move by Razor to deepen its play in the global gaming industry.
A-HTrust is deepening its presence in the Japanese city of Osaka with a strong hospitality market.
Decacorn Capital is a cross-border VC with a portfolio that includes ride-hailing startup Lyft and social media platform Snapchat.
Sea said, it will utilise the proceeds for expanding its business.
Ask any startup or investor in Southeast Asia about their top gripe in the region and it is more likely than not to be talent, or the paucity thereof. Complex regulations regarding hiring in the different markets of the region further complicate matters.