The round has valued the Chennai-based lender at $950 million.
JD.com, Qihoo 360 buy $63m stake in Chinese property manager Colour Life
Mizuho, Nomura to finance OYO founder Ritesh Agarwal’s $2b buyback
Librae Holdings investing $8m in The Trendlines Group placement issue
Facebook-like local social network Gapo launches in Vietnam
TPG Capital leads $50m funding for south India-focused NBFC Five Star
We’re benchmarking ourselves against the NFL, not UFC: Chatri, ONE Championship
Great time to be an entrepreneur, harder to be a VC: GGV Capital’s Jenny Lee
Vietnam’s VNPAY could raise up to $300m from SoftBank Vision Fund, GIC
Indonesia’s East Ventures said to close sixth VC fund at over $70m
SG’s co-living startup Hmlet raises $40m Series B round led by Burda
Rest of Asia
Combined, VicSuper and First State Super would become the nation’s second-largest non-profit super fund, behind the A$160 billion AustralianSuper.
New Horizon acquires Kagayaku through its third fund NH-3.
The firm did not specify hard cap for the new fund but earlier reports said it is seeking about $1.8 billion for the new vehicle.
HNIs in Gulf, besides local and foreign institutional investors, invested in the fund.
Blackstone said its AUM rose to a record $545.5 billion in the three months through June.
The Boston-based firm has held early discussions with investors about the fund, which will focus on mid-sized Japanese companies.
For PE assets, TCDRS has an 18 per cent target allocation. Of that, only 15 per cent has been used.
ESR had formed a $1-billion platform with Germany's Allianz last year to invest in India's logistics sector.
Najah Air is said to have sought an appointment with SoftBank's Masayoshi Son to take talks forward.
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