Deals
The move increases Prudential’s control 70%.
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Tokio Marine in talks to invest in Igloo as Japanese insurers continue to bet on Indonesia
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India's Avataar Venture eyes third fund to back growth-stage startups
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Nium trims losses a tad in 2024 despite higher processing costs
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Alibaba to plan IPO for AI chipmaking unit T-Head
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EQT expands into secondaries with Coller Capital acquisition
More Stories
Advantage Partners-backed Pharmaforte ropes in banker for potential sale
Singapore startup Level3AI bags $13m in seed round led by Lightspeed
IFC investing $34m in Malaysia’s Asia Pacific University
Grab faces profitability hit as Indonesia moves to lower commission cap
SC Capital secures $330m from CPP Investments consortium for Japan strategy
The transaction is HPS’s first private credit deal in Asia since being bought by BlackRock.
AirAsia X plans to combine the firms’ seven airlines under one banner.
Private Equity
Investment to facilitate transfer of the university’s ownership to a Creador vehicle.
Climate Tech & ESG
The lender aims to invest $2.5b over the next five years in technology, data, and AI.
GreyOrange’s revenue fell 32% to $23.2 million for the 12-month period ended March 2025.
Analysis
While global investors have been backing data centres, Khazanah will focus on infra.
Monthly deal reviews, funding updates & more in this edition.
Venture Capital
GPs funded in the first EMP cohort were Vynn Capital, Kairous Capital, and First Move.
Unicorns
The company will continue operating in Thailand and in the Philippines.