Indonesia
The Lippo Group currently holds an over 75% stake in IDX-listed Bank Nobu.
Chinese subsea cable firm Hengtong Submarine snaps $145m in strategic round
Amazon to spend nearly $9b over four years to expand cloud infra in Singapore
Philippines' PLDT looks to sell up to 49% of data centre business to Japan's NTT
Princeton Digital secures $280m green loan to finance Malaysian data centre campus
Korea's Hanwha Life to buy 40% stake in Lippo Group-backed Bank Nobu
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Singapore’s EDBI in talks to invest in Indian startup unicorn Mohalla Tech
The LP View: Hamilton Lane sees LP-GP alignment as key concern amid rising infra fund mergers
Indonesian conglomerate Astra eyes aggressive EV push in next two years
EQT to acquire digital consultancy firm Perficient for about $3b
Fintech deals surge in Q1 but concerns persist over long-term momentum
India
Launched late last year, the fund garnered capital commitments of over $39m in the first close.
Greater China
The upsized senior secured credit facilities will help support the growth of Acclime.
PE investments in India touched a six-year low at $24b in the financial year ended March 2024.
Banks have stopped lending to IIFL Finance’s gold and other businesses.
Singapore fintech startups accounted for more than half of the funds raised in the first quarter.
The number of late-stage venture debt deals declined to just five in 2023 from 16 in 2022 and 24 in 2021.
The firm had raised $300 million for its debut fund.
The stake in NSE originally belonged to ChrysCapital VI, when it first bought a 5% stake in the company in 2016.
The fund plans to invest in about 25 companies at the Series A stage.