TPG-backed PE firm Northstar Group said to partially exit GOJEK stake

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With the partial divestment, Northstar is learnt to have already returned its fourth fund to its LPs.

Go-Jek

GOJEK-backer Provident Capital said to be raising $200m fund

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Provident Capital has also invested in e-commerce and logistics joint ventures with China’s JD.com in Indonesia.


Blackstone said to near $20b first close of flagship buyout fund

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The New York-based firm notified investors that the first close for its eighth buyout fund may be in March or early April.


Indies Capital to focus on deploying second private credit fund this year

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The PE firm’s second private credit fund was closed at $145 million in September 2018.


Australian pension fund MLC pins hopes on PE investments to lift returns outlook

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There is now a higher risk of policy mistakes coming from governments or central banks and the sustainability of corporate profit margins near all-time highs is under threat.


Blackstone considers $1.5b acquisition of Shanghai commercial property

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Investment in Chinese commercial real estate rose 9.5% in 2018 to hit a record 296 billion yuan, with about one-third of transactions coming from overseas investors,


India’s Delhivery raises $395m from SoftBank, Carlyle at $1.6b valuation

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Logistics startup Delhivery Pvt Ltd. is the latest to join the unicorn club with this fundraise.


Top PE firms pushing consolidation in India’s auto-parts industry

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While Blackstone Group is actively looking for assets under its Comstar platform, its peers Warburg Pincus is exploring similar deals.


Orix Capital Partners raises $453m for inaugural PE fund

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Orix Capital Partners is a business unit of Orix Corporation USA, whose parent company is Tokyo-headquartered Orix Corporation.


KKR: US companies have cause to be concerned over trade war with China

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For investors, China’s shift in strategy is creating both opportunities and risks.