Rest of Asia
The sovereign wealth fund managed $232b in assets as of 2025-end.
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Cypress Asia launches $12.2m debut fund, New Hoong Fatt joins as LP
2
Bain bets on sustainable aviation fuel growth amid China mandate
3
Australia's Firmus to allocate half of $5.5b IPO proceeds to existing investors: report
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Ambani's Jio Platforms plans to launch $3.8b IPO on Oct 21
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Snapdeal parent AceVector sees tepid India debut at $135m valuation
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Editor’s Take: The Week That Was—Sept 23-Oct 3
HarbourVest said to buy GIC’s $1b private fund portfolio in secondary deal
AkzoNobel strikes deal to sell SE Asia paints business to Nippon Paint for $1.35b
Singapore
The transaction gives HarbourVest exposure to a diversified pool of fund interests.
The shift is altering how buyers assess a transaction.
Greater China
About 90% of the fund is invested in Chinese social media platform Xiaohongshu.
Malaysia
The firm’s previous fund, a 2022 vintage, is fully deployed.
Secondaries give LPs a more diversified exposure to the asset class, said managing partner Nitin Gupta.
World
The vehicle is 70% bigger than its predecessor.
The assets could include China-focused managers such as HSG and Vista.
The secondaries market in India and Southeast Asia is, however, growing well.
The firm is doing more secondaries today than three years ago.
