India
The RBI has mandated that HDFC Bank acquire a major shareholding within one year of the approval.
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Japan's MUFG names Junichi Hanzawa as new president
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Elham Credit ties up with Digital Climate Group for private credit origination
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India: HDFC Bank gets regulator's nod to acquire up to 9.5% in IndusInd Bank
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Indonesia agritech shows resilience but capital flow remains selective
Danantara acquires hospitality and real estate assets in Makkah
Malaysia’s Halogen Capital raises $3.2m round led by Kenanga, 500 Global
VinFast pledges another $1b to scale EV production in Indonesia
Brookfield buys eight logistics, industrial assets in Singapore for $262m
Vietnam
Last week, its competitor VPBank Securities also fell in its debut due to a weak market.
Japan’s biggest banks have for years sought out overseas targets.
The fund has already deployed the majority of its committed capital.
Rest of Asia
Nomura is targeting alternatives AUM of 10 trillion yen by March 2031.
Singapore
The fund drew commitments from institutional investors including Japan’s SBI Holdings.
The fund is expected to reach its final close by Q3 2026.
The fund will focus on backing early-stage companies and MSMEs.
ICICI Pru is also awaiting the nod to buy ICICI Ventures as part of its PE expansion.
The bank is due to list on the Tokyo Stock Exchange on Dec. 17.
