Financial Services

China’s Oceanpine Capital targets $600m for third USD Fund

Firm plans to tap LPs in the Middle East.

The investment is EMIA’s second from its third vehicle, the ASEAN Frontier Markets Fund (AFMF).

The firm had received an in-principle approval for its DPT services from MAS in June last year.

CDPQ is currently leading its regional investment efforts from Singapore.

Its focus has been mid-cap deals worth between 50-100b yen.

The proposed new rules seek to contain risks in China’s $2.9 trillion private fund sector

Outside of its home market, the company has expanded to Thailand and Vietnam.

Patamar Capital could become a partner in MDI’s new ESG fund to be launched this year.

Binance said in April that it would close its Australian derivatives business amid a regulatory probe.

The new fund will focus on opportunities in the Asia Pacific region.