Greater China
The deal marks the fourth transaction of Azuremount WH, which has deployed almost $20m so far.
CRRC Times Electric’s semiconductor unit bags over $597m equity funding
IFC, KB Kookmin Card launch $150m financing initiative in Indonesia, Thailand
PayU leads $5m funding in BRISKPE and India deals worth $93m
Indonesian media firm DailySocial lays off entire workforce amid "transition"
IFC mulls $60m investment in Indian shadow lender Five Star
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GoTo-backed digital lender Bank Jago’s profits surge 24% in Q1 2024
HK-based PE firm Azuremount WH closes co-control deal in AI software developer ATOM
Lured by robust exits, PE firms line up for hospital assets in India; SE Asia to follow
Editor’s take: The week that was — April 22-27
The LP View: Infra fund managers seen adopting clear climate strategy in Asia, says AIIB exec
India
Forus is backed by Accel Partners, Asian Healthcare Fund, Chiratae Ventures, and TEAMFund.
Investor appetite has shifted away from cash-burning, high-growth healthtech startups.
World
L Catterton has already invested in more than 30 beauty brands.
Schroders Greencoat is looking at opportunities beyond North America and Europe.
Singapore
The BlackRock-Temasek JV fund had set a target of $1 billion.
The three funds are dedicated to private credit, social infrastructure, and data centres.
DealStreetAsia had first written about its fundraising development in May 2023.
The PE firm aims to raise $520 million for the sixth fund by the end of 2024.
Nuveen seeks to raise at least $400m for the said fund.