Opportunities arising out of “deglobalization” would be one of the themes the fund would focus on.
Editor’s take: The week that was—Nov 27-Dec 2
Clouds gather over Alibaba's key unit after IPO plans scrapped
Canada's Brookfield raises record $28b for infrastructure fund
OpenAI defers launch of custom GPT store to early next year
US to limit Chinese content in battery parts eligible for EV tax credits
One of the biggest constraints for Asia’s private credit sector is talent: Elham Credit’s Siddhartha Hari
Wellington Management emerges as an outlier amid late-stage funding crunch
People Digest: Golub Capital opens Hong Kong office; KKR announces key appointments
IHH Healthcare seeks acquisitions in Indonesia, Vietnam; eyes turnaround in China
Indonesia’s Bank Jasa banks on Astra’s ecosystem to make a mark in digital banking
In terms of data centre market maturity, Asia is still trailing behind North America.
The PE firm is reportedly looking to raise $4b in capital commitments for the latest fund.
Buyers are betting the plunge in lithium prices will be short-lived.
Rest of Asia
The firm recommended investors agree to the group’s existing bid.
The firm has gradually increased its share in the late-stage private market through a consistent investment strategy.
Keppel will initially acquire a 50% stake in Aermont for a consideration of up to $388m.
The company’s shareholders will receive $11 per share.
Ardian would acquire a 15% stake and PIF a 10% stake.
Global Atlantic’s assets under management have grown to $158b from $72b in 2020.