Greater China
The move comes on the heels of Taiwanese insurer Cathay Life’s decision to offload its stake in multiple PE vehicles.
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Hang Seng Bank has set no cap for these loans.
India
Silver Needle Ventures, Veltis Capital, and Atrium Angels also invested in SuperK.
Daiwa invested $50m for a minority stake in the firm.
The PE firm will allocate more than 80% to Australia, India, and Southeast Asia.
Singapore
The firm has already initiated talks with a few strategic investors to rake in the amount.
Indonesia
Bank Jago’s loan disbursement increased 38% YoY in 2023.
The European PE firm recently launched an office in Singapore.
The country added just two unicorns in 2023.
PortOne, formerly known as CHAI, has raised bridge funding from investors, including Korea Payment Networks.