Business
Blackstone hits US$10 billion Asia buyout fund goal amid private equity chill
The world’s biggest asset manager’s fundraising comes as global investors are growing more cautious about private equity Blackstone hit a…
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Sundance Institute Filmmakers Fund Grants $120,000 to 12 Emerging Artists
The Sundance Institute has revealed the 10 projects selected for the inaugural 2025 Sundance Institute Filmmakers Fund. Sponsored by Chase…
Business
MAS’ S$5 billion injection is strategic, sustainable solution to perk up equities market, say fund managers
Equity Market Development Programme is designed as a durable one, and will adapt as market conditions evolve, they add The Monetary…
Business
US hedge fund Verdad plans to launch new Japan small-cap fund
A gauge of smaller stocks has outperformed the broader Topix this year with a gain of 19%, compared to 14% for the index Boston-based…
Business
Apac data centre owners look beyond banks to fund US$100 billion of construction over 5 years: S&P
Options include capital recycling via Reits, asset-backed securities and private credit funding Asia-Pacific (Apac) data centre operators…
Business
Fire sale of sought-after fund raises alarm over Asia private equity slump
Economic uncertainty from tariffs and trade wars heightened liquidity needs, just four years after private equity’s fundraising peak For…
News
Here’s What Trump’s Offering People Who Help Fund His New Ballroom
Attorney and commentator Norm Eisen—who runs one such group, Democracy Defenders Action—has circulated a draft open letter, titled “An…
Business
SoftBank Vision Fund to lay off 20% of employees in shift to bold AI bets, source and memo say
The cuts mark the third round of layoffs at the Japanese investment conglomerate’s flagship fund since 2022 SoftBank Group will lay off…
Business
Octave Capital launches US$75 million ocean-focused impact fund with Katapult Ocean
The fund will look at relevant startups in Apac as well as companies from other geographies that could benefit from expanding into this…
Business
DBS, Franklin Templeton, Ripple team up on tokenised money market fund trading
Singapore’s biggest lender says that it will list Franklin Templeton’s sgBENJI token DBS Group has partnered with US asset manager…
Business
Indonesia sovereign wealth fund INA targets data centres, AI in healthcare, renewables
The Indonesia Investment Authority (INA) is prioritising digital infrastructure, healthcare and renewables as the sovereign wealth fund…
Business
Carro raises US$60 million to tap Asia-Pacific demand for used Japanese cars; Cool Japan Fund leads funding
CEO of online car marketplace adds that more partnerships between it and Japanese automobile brands are coming to the region South-east…
Business
Jio BlackRock sees India mutual fund industry tripling by 2032
Mukesh Ambani is seeking to reshape India’s financial services industry by leveraging his vast telecom and retail empire BlackRock’s India…
News
Republicans unveil a bill to fund the government through Nov. 21. Democrats call it partisan
House Republicans unveiled on Tuesday a stopgap spending bill that would keep federal agencies funded through Nov. 21, daring Democrats to…
Business
Calvin Harris Accuses Financial Adviser of Stealing Millions to Fund ‘Boondoggle’ Real Estate Project
Calvin Harris, the Scottish music producer and DJ, has accused his financial adviser of stealing $22.5 million to fund a “boondoggle” real…
Business
Singapore fund manager Capital Asia Investments behind multi-million dollar Thai blue-chip deals
Some of these transactions are linked to a politically connected Cambodian tycoon and a prominent Thai businesswoman Singapore-licensed…
Business
Hedge fund Arrowpoint seeks US$400 million in new money by March
The performance and fund-raising plans stand out in a market where investors’ appetite for multistrategy, multimanager hedge funds has…
Business
UOB Private Bank the first to distribute Asia-focused private equity evergreen fund
The move caters to rising demand from rich investors for private assets that offer a measure of liquidity UOB, South-east Asia’s…
Business
TVM Capital Healthcare announces first close of US$150 million South-east Asia Fund
The new fund will focus on healthcare segments where market demand is high but supply is limited TVM Capital Healthcare, a private equity…
Business
Nio plans US$1 billion share sale to fund EV growth
The Shanghai-based EV maker will sell as many as 181.8 million new shares at HK$42.86 to HK$44.46 each Chinese electric-vehicle maker Nio…
Business
mm2 Asia scraps stake sale; PE fund to take 29% of Vividthree stake in direct share deal instead
As a result of the new share placement, controlling shareholder mm2 Asia’s stake in Vividthree will be diluted to 23% Vividthree Holdings…
Business
Australia’s sovereign wealth fund tops A$252 billion, reduces US portfolio
Australia’s sovereign wealth fund, the Future Fund, said on Tuesday its valuation had reached A$252 billion (S$213.2 billion) as it pared…
Business
BlackRock loses US$17 billion mandate at Dutch pension fund PFZW
BlackRock has lost a mandate worth US$17 billion with one of the largest pension funds in the Netherlands, amid concerns the world’s…
Business
HSBC AM joins peers with private equity fund targeting wealthy
HSBC Holdings’ asset management (AM) arm is launching a private equity strategy targeting wealthy clients, the latest move by a major…