By Pavel Alpeyev
SoftBank’s Latin America fund will focus on e-commerce, digital financial services, health care, mobility and insurance.
He advised General Mills Inc on its 2018 acquisition of Blue Buffalo and Yum! Brands Inc on the separation of its China business.
BlackRock is said to have held talks with China’s CICC Fund Management for a majority stake in it.
Bank Pembangunan Malaysia Bhd has appointed Arshad Mohamed Ismail as its president and group CEO.
Malaysian conglomerate Boustead Holdings Bhd has named Datuk Seri Amrin Awaluddin as its managing director.
According to a statement, Yee assumed the new role on April 1, 2019 succeeding Lim Kell Jay.
SoftBank India head Sumer Juneja is joining ride-hailing platform Ola’s board. He will replace David Thevenon, who has been on the board of Ola for over last two-and-a-half years. Talking to The Times of India, a SoftBank spokesperson said that Thevenon is stepping down to focus on his board responsibilities… Read more »
Go-Ventures has already backed local firms including Narasi TV and media startup Kumparan.
Future Fund has appointed Sue Brake as deputy CIO while London-based PE investor Hg has named Ben Meyer, a former Temasek executive, as investment partner.
The firm has been looking for people to expand its investment business. The group will be separate from SoftBank’s $100 billion Vision Fund, though they may collaborate on deals.