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UOB’s PE arm to launch its second impact fund later this year

UOB Venture Management (UOBVM), the private equity investing arm of Singapore-based banker UOB, has made a soft launch of its second impact vehicle, Asia Impact Investment Fund (AIIF II) that is set to...

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Australia’s CHAMP Private Equity to launch fifth fund later this year: Report

Sydney-headquartered CHAMP Private Equity will launch its fifth fund later this year to raise between $558 million (AUD 800 million) and $627 million (AUD 900 million), according to a PEI report...

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UOB’s PE arm raises $300m for fourth Asean-China investment fund

Singapore-based banker UOB-backed private equity arm UOB Venture Management has mopped up about $300 million for its Asean China Investment Fund IV (ACIF IV) , a vehicle that will invest in businesses...

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US-based Barings closes debut asset-based income fund at $943m

US-based Barings, a subsidiary of leading life insurer MassMutual, has mopped up $943 million for its debut asset-based income strategy to invest directly in real assets and asset-based businesses that...

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Temasek unit makes public offer for $132m retail private equity bonds

Azalea Investment Management, a unit of Singapore state investor Temasek,  has made a public offer for $132 million (S$180 million) Class A-1 private equity (PE) bonds – part of Astrea V PE Bonds – at...

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KKR exits investment in KCF Tech for $1b to SK Group unit

Private equity major KKR will exit its investment in KCF Technologies – a producer of parts used in electric vehicle batteries – to South Korean conglomerate SK Group’s affiliate SKC for $1 billion...

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HK-based STI seeks to raise up to $400m for debut Asia realty debt fund in 2020

Hong Kong headquartered asset manager STI Financial Group is preparing to hit the market next year with an Asia-focused real estate debt fund, that may look at raising up to $400 million, this portal...

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HK-based STI Financial eyes mid-market deals with up to $150m debut fund

STI Financial – a Hong-Kong based asset manager that has been active in hedge funds, structured funds and private equity – will start readying its Asia-focused late-stage-mid market equity fund early...

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Japanese robot system firm Linkwiz raises $8.3m in Series B round

Japanese intelligent robot system software firm Linkwiz Inc has raised JPY 900 million ($8.3 million) in a Series B funding round backed by existing investor Tokyo-based INCJ Ltd and five other...

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Temasek unit may soon bring PE equity products as retail bonds see strong demand

Singapore state investor Temasek unit Azalea Investment Managemen said its latest public offer for $132 million private equity backed retail bonds – Astrea V – received a strong response, being...

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Sinopharm, Cedarlake and SG’s Novena form $150m SE Asia healthcare fund

Singapore-based healthcare firm Novena Global Lifecare, Chinese healthcare private equity (PE) firm Sinopharm Capital and investor Cedarlake Capital are coming together to raise a $150-million...

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Lightspeed bags additional $311m for third late-stage fund

US-based venture capital firm Lightspeed Venture Partners has mopped up an additional $311.8 million for its third late-stage fund, Lightspeed Venture Partners Select III, almost one year after...

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L Catterton Asia spin-out said to secure backing from SEA conglomerate,...

A new private equity firm spun out of consumer-focused PE investor L Catterton Asia is set to secure the backing of a Southeast Asian conglomerate and a Middle East fund as its anchor investors,...

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[Updated] L Catterton Asia LPs mull third fund’s fate as spin-out triggers...

Consumer-focused private equity firm L Catterton has halted new investments from its third Asia buyout fund after a spin-out formed by key executives triggered a so-called “key man clause”,...

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Hamilton Lane closes fourth global co-investment fund at $1.7b

US-based alternate investment management firm Hamilton Lane has made a final close of its latest co-investment fund Hamilton Lane Co-Investment Fund IV at $1.7 billion, a vehicle with a global mandate...

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HSBC’s private banking arm closes debut PE fund at $250m

London-headquartered HSBC’s private banking arm has closed its debut private equity vehicle Vision Private Equity Fund 2019, mopping up $250 million. The fund will do primary and secondary deals...

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APG enters realty debt space to invest up to $418m in Australia: Report

Dutch pension fund manager APG Asset Management is venturing into real estate debt space in the Asia Pacific region with a partnership with Australia’s MaxCap Group to invest up to $418 million (A$600...

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Chasing higher returns, Japanese investors to hike exposure in alternative...

Japanese investors are increasingly turning to alternative assets for higher returns amid the persistently low-interest-rate environment in the country. Of the nearly 303 Japanese investors active in...

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Australian govt-backed CEFC commits $70m to clean energy fund

Australian government-backed renewables investor Clean Energy Finance Corporation (CEFC) is committing up to A$100 million ($70 million) to invest in clean energy via a joint venture fund with...

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PE firm Jupiter Impact Partners said to seek $300m for debut fund

Jupiter Impact Partners, one of the latest entrants in the private equity impact investing space in Asia, is seeking to raise at least $300 million for its debut vehicle to invest in small and medium...

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Singapore’s GIC bets on alternatives, Asia growth story to tide over macro...

Amid brewing trade tensions, high asset valuations and slowing global growth, Singapore’s sovereign wealth fund GIC is hoping to tide over the challenging investment climate by sharpening its focus on...

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Unicorns need to end costly reliance on promotions, say pricing experts

Asia-based pricing experts may have a prescription for ailing unicorns and worried backers who are seeking answers on how and when cash-burning billion-dollar startups can record a turnaround and be...

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SG-based PE firm Elite Partners raising $50m Norway-focused fund

Singapore-based private equity (PE) firm Elite Partners Capital is seeking to raise about $50 million for its debut non-realty vehicle that will invest in Norwegian growth companies, DealStreetAsia has...

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Temasek counts on investments in unlisted assets to offset economic uncertainty

Singapore’s state investment firm Temasek Holdings is counting on increased investments in unlisted businesses to counteract the ongoing US-China trade war and a global economic climate of uncertainty....

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Japanese pension fund GPIF clocks 1.5% return for FY2019

Japan’s Government Pension Investment Fund (GPIF), the world’s largest retirement savings fund, has returned 1.5 per cent for the year-ended March 2019 as compared to 6.9 per cent in the previous...

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PE firm Actis likely to close debut $1.5b infrastructure fund by July-end

Emerging markets specialist Actis expects to hold the final close of its debut infrastructure vehicle at over $1.5 billion, including co-investments from its limited partners (LP), an industry...

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NZ Super Fund backs $200m hotel portfolio in a bet on local tourism

New Zealand’s sovereign wealth fund NZ Super Fund is investing in a $201.5 million (NZ$300 million) hotel portfolio managed by local construction company Russel Group and private investor Lockwood, it...

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ASX-lised Centuria buys $89m Adelaide property to launch new unlisted fund in...

Australia-listed real estate fund manager Centuria Capital has acquired an Adelaide office building for $89.4 million (A$ 127 million), generating a new fund for Centuria’s unlisted division....

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Bain merges two data centre investments to roll out pan-Asia platform

Alternative investor Bain Capital has merged two data centre firms in its portfolio – Chinese operator ChinData and Singapore-headquartered Bridge Data Centres – in a bid to form a pan-Asian platform....

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SG startup Bambu bags $10m in Series B from US-based Franklin Templeton, PEAK6

Singapore-based digital wealth technology startup Bambu has raised $10 million in a Series B funding round from third-time investor Franklin Templeton and new backer Chicago-headquartered PEAK6...

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Swedish investor EQT buys majority in Australian cloud services firm Nexon

Swedish investment firm EQT Partners has acquired majority stake in Australian cloud and managed service provider Nexon Asia Pacific out of its $800-million third Asia-focused mid-market fund....

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London-based Willis Towers Watson acquires Risk Capital Advisors

Advisory, broking and solutions company Willis Towers Watson has acquired specialist mergers & acquisitions (M&A) broker Risk Capital Advisors that has operations in Australia, New Zealand and...

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KKR’s David Tan crosses over to TPG as managing director

US-based global alternative investor TPG has appointed long-time KKR executive David Tan as its managing director covering Southeast Asia. Tan will be based in the firm’s Singapore office. He will work...

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Beijing-based Venturous, Lioncrest merge to raise $200m for smart city fund

Venturous Global, formed by the merger between Beijing-based investment firm Venturous and Lioncrest Global, will create a capital pool worth $1 billion for backing China-focused smart city companies....

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(Updated) L Catterton Asia confirms appointment of Chinta Bhagat as...

Editor’s Note: This story was updated on August 6 after L Catterton announced the appointment of Chinta Bhagat. A previous version of this story on Bhagat’s appointment, citing sources, appeared on...

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Real estate investor Nuveen acquires logistics facility in S Korea

Nuveen Real Estate has made its second investment from Asia Pacific Cities Fund acquiring a last-mile logistics facility in the Greater Seoul area, marking its first deal in Korea, according to an...

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TPG-backed PE firm Northstar to launch up to $900m fifth fund this year

TPG-backed private equity firm Northstar Group is going to hit the market later this year for its fifth fund, DealStreetAsia has learnt.Continue reading this premium article on dealstreetasia.comThe...

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Allianz RE commits $150m to Indian office development platform

Allianz Real Estate, the property investment arm of German insurer Allianz, has committed $150 million to a closed-end office development platform managed by India’s Godrej Group. The platform, Godrej...

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NZ Super tweaks investment strategy after volatile year and big market swings

Amid volatility spurred by the US-China trade tensions and a dovish stance by central banks that has flushed markets with liquidity, New Zealand Superannuation Fund (NZ Super) has tweaked its...

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SEA cleantech startup ATEC raises debt from US-based Beneficial Returns

Southeast Asian clean-tech company ATEC Biodigesters International (ATEC) has secured an unspecified amount in debt financing from US-based impact investor Beneficial Returns, it announced on Thursday....

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