Deals
It would include up to $130 million from IFC’s own account.
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Asian LPs eye global mid-market for diversification, differentiated returns: Northleaf
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“This is our best and final offer,” says top Goldman executive.
The wealth fund held shares worth just under $3b.
PE firm Elevation Equity Partners Korea is Jollibee’s strategic partner in the deal.
Private Equity
The agreement follows months of talks.
Morgan Stanley had no clear plan for its next Asia fund before the secondary vehicle.
Earnings and Results
Its alternatives portfolio grew to 14.4 trillion yen ($91 b).
The offer represents a 29% premium to Tri Pointe Homes’ closing price on Thursday.
The fund aims to raise over $130m in next 18 months.
IPOs & Markets
The market cap after listing will start at 3.3 trillion won.
