Deals
SGB is a digital bank licensed and regulated by the Central Bank of Bahrain.
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Malaysia's IOI Properties launches $516m IPO for property trust
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Fairfax's $5.5b deal for India's IDBI Bank faces staff, political backlash
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China regulator tells banks to halt IPOs till market recovers
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India: Wealthtech platform PowerUp Money raises $10m led by Flourish Ventures
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Peak XV-backed Neo Alternative raises $654m for second private credit fund
More Stories
Bain Capital raises over $1.8b for third Asia special situations fund
Insignia Ventures in talks to invest in Indonesian consumer brand URU
Grab Q3 profit rises 5% as fintech turns profitable
ESR appoints Roy Teo to lead SE Asia operations
Oriental Kopi founder wants the world to get a taste of Malaysia
Interviews
The firm is targetting 30 billion yen ($200 million) for its second fund.
Analysis
Founded in Singapore in 2014, ShopBack has since expanded across SE Asia.
The 2025-vintage fund has deployed $338 million, according to TPG’s earnings release.
EQT bid for Kakaku.com in May, only for Bain to submit a rival offer.
Private Equity
Apollo and other investors are expected to commit $5b to Mubadala Capital’s strategies.
People
Foo co-founded Foundation Private Equity, where he spent nearly a decade.
Prime Minister Anwar Ibrahim said he discussed the plan with Masayoshi Son.
Circlace’s largest shareholders, Pasona Group and TQUILA, have agreed to tender their shares.
IPOs & Markets
It cited market volatility and a broader semiconductor stock correction.