OCBC’s second PE fund to hit market in 2019, to be larger than $398m first fund: Report

By
Posted

The plan to launch a second larger fund is based on the success of OCBC’s first fund which is on track to meet its targeted 20% IRR by the end of the term.

OCBC

Anthem Asia to hit final close of $50m SME venture fund in 12 months

By

The fund hit its first close at $34.5 million in August, with commitments from IFC, the Dutch Good Growth Fund and UK state-owned CDC Group plc.


Australia’s MYOB Group announces $1.23b takeover offer from KKR

By

KKR previously paid about A$327.4 million (nearly $231 million) to buy a 17.6% stake from Bain to build up its hold in MYOB to 19.9%.


Australia’s $6.7b toll road stake leads deal-making by sovereign funds in Q3

By

A consortium including CPPIB and an ADIA subsidiary, bought a 51% stake in Sydney’s WestConnex motorway project.


Yale University said to have backed $400m crypto fund

By

The fund, called Paradigm, was recently started by Coinbase Inc. co-founder Fred Ehrsam, former Sequoia Capital partner Matt Huang, and Charles Noyes, an ex-employee of crypto fund Pantera Capital.


GIC said to have picked stake in Vietnam’s Masan; KKR exits in $209m deal

By

GIC played a part in Vietnam’s top three equity offerings ever, all of which were completed in the past year.


China Digest: Tencent, Hillhouse back MINISO; Century Bridge invests in realty project

By

Century Bridge Capital has invested $5.6 million in a joint venture residential project with Zhongliang Real Estate Group.


Bullish on India, KKR’s Kravis says will continue to build in the market

By

KKR & Co, among the most active investors in India this year, is seeking to deploy capital actively targetting family businesses and other corporates, its co-founder Henry Kravis said.


ShawKwei makes final close of fourth Asia PE fund at $812m

By

ShawKwei made its first investment from the latest fund in O&G services firm Gaylin in a transaction worth $100m.


India: Carlyle may part exit Metropolis Healthcare ahead of its IPO

By

Carlyle had acquired about a 37 per cent stake owned by G.S.K. Velu, former promoter in Metropolis, in 2015.