By Ambar Warrick
The move is seen as a bid to improve economic relations with Washington while putting excess capital to better use.
The insurance unit of Korea Post Group, Korea Post Insurance, is inviting four investment managers for a global tactical asset allocation strategy.
Trade or secondary sales are definitely the most attractive exit channel right now and investors are not relying on the IPO markets, said Bain & Co. partner Suvir Varma.
New Prime Minister Mahathir Mohamad is keen to make the fund leaner and use sale proceeds to cut massive debt piled up in the 1MDB scandal.
Omniome’s new investor Dencheng Capital is currently raising a $450 million third fund focused on the life science space.
The acquisition was made by EMR through a binding agreement with Adaro Energy, one of the world’s largest coal producers.
The company’s first investor, Matrix Partners, continues to stay invested in the company.
Firms are now faced with deploying more than a $1 trillion at a time when competition is increasing and prices on deals are reaching new highs, according to data provider Preqin.
The OSK-SBI Dynamic Growth Fund will focus on investments in private startups in the ASEAN region and have a lifespan of five years.
KKR is to borrow around $1 billion to support its leveraged buyout of Taipei-listed specialty chemicals producer LCY Chemical.