World
The fund is tailored for the wealth management industry in EMEA and APAC.
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India Digest: Dugar Finance; PowerUp Money in funding news
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Australian retirement fund ART to buy $576m stake in Westfield Sydney mall
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US bars approvals of new models of China's DJI, other foreign drones
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China jails Zhongzhi Enterprise's ex-chairman for illegally taking public funds
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Amova Asset Management takes controlling stake in Malaysia’s AHAM Capital
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General Atlantic acquires majority stake in Indonesia’s Sociolla
Vietnam VC enters discipline-first era as investors get selective
PE giant Carlyle to acquire KFC’s S Korea business
Hillhouse’s Samty launches $500m multifamily asset fund
IFC weighs $20m investment in Malaysian fintech Boost Holdings
Vietnam
Of the loan, 40% will be allocated to climate projects and 30% to women-owned enterprises.
India
In August, Speciale Invest closed its third fund at Rs 600 crore.
Indonesia
EDENA secured the investment from New York-based GEM.
Greater China
The round was led by Goodwater with participation from Pantera, HongShan and others.
The acquisitions will create China’s fourth-largest investment bank.
The act also gives powers to the regulator, IRDAI, to set limits on agents’ commission.
The $1.2b share sale sets the stage for India to notch a record year of fundraising.
The RBI has mandated that HDFC Bank acquire a major shareholding within one year of the approval.
Last week, its competitor VPBank Securities also fell in its debut due to a weak market.
