Deals
Including the fund, Sumitomo will have CVC assets under management of $450m.
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SG Digest: Xora Innovation leads investment in NeuBird AI; Wavemaker Impact backs Muun AI
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Indonesia Digest: Tiket.com, Kopi Kenangan expand global footprint
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Vietnam's MoMo weighs options including new investors at $2b+ valuation
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India: InCred Alternatives makes final close of debut special opportunities credit fund
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People Digest: Anand Kripalu joins Kedaara; Neo Alternative hires ex-Walton Street team
More Stories
Danantara buys four asset management firms in consolidation push
Alibaba leads China brain-machine interface startup StairMed’s funding round
Vietnam-based hospitality startup M Village said to be raising fresh funding
India Digest: TPG consortium to acquire NBFC; Nykaa eyes stake in 82°E
General Atlantic offloads most of its stake in PH live-streaming app Kumu
It includes a $15-million, seven-year capital expenditure loan.
Venture Capital
Intact Private Capital co-anchored the round.
People
The office will further its ability to source opportunities and partner with local stakeholders.
The firm supports Asian founders with cross-border expansion.
Private Equity
The NSSK Series IV funds were more than twice oversubscribed.
The fund aims to raise $350 million, with a hard cap of $500 million.
KKR has inked agreements with DIC and Kowa, both of whom agreed to sell their shares.
Aurelius bought LSG APAC in 2023 as part of its carve-out of LSG Group from Lufthansa.
KKR acquired the company last year.
