The company aims to grow its real estate AUM to $500m by 2024.
Malaysian wealthtech firm Versa aims for profitability by 2027, says GTV to double every year
Asia PE-VC Summit 2023: The Middle East is in a position to spur investments in Asia
TikTok's rise in Southeast Asia spells trouble for US rival Snapchat
US readies rules to prevent China from cashing in on $52b chip funding
PE giant KKR asks Telecom Italia to extend deadline for grid bid
Hit by China-US tensions, GGV Capital to spin off Singapore-based Asia business
Singapore’s Growtheum Capital closes debut fund at $567m, a tad below target
Bold cash burn helps TikTok nearly triple 2022 revenue in Asia but losses widen
Malaysian pension fund KWAP launches $107m vehicle to invest in startups, VCs
Indonesian fintech startup Finantier said to have shut down
Rest of Asia
The deal puts the 148-year-old electronics-to-power stations maker in domestic hands.
The PE firm plans to build a portfolio of about 12-15 companies.
Vintage IX garnered almost 38% more than its predecessor fund.
A deal for about 60% of Cipla could be worth as much as $7b, experts say.
Torrent and Blackstone both have submitted non-binding bids for Cipla, sources say.
Everstone is now left with a 15.44% stake in Restaurant Brands.
The deal will create an exit path for KKR and other shareholders.
True North is looking to invest in a total of 15-20 profitable companies from the said fund.
Earlier this year, Growtheum invested about $100 million in Vietnam’s International Dairy Products.