Deviana Chuo
Stories by Deviana Chuo
Malaysia hasn’t lost its sheen as SE Asia’s mid-market PE destination
Deal activity has been spurred by asset divestment by Malaysian conglomerates.
New economy sectors have displaced oil and coal in Indonesia’s new PE landscape
PE focus has turned to sectors like consumer goods and technology.
There’s a need to recognise that finance can be a force for good: ABC World Asia
The impact investor closed its first fund in January 2020 at $303m. It has deployed $73m so far.
PE firm Novo Tellus’s offer to increase stake in Singapore’s Procurri falls through
Novo Tellus's offer was not welcomed by other shareholders.
US PE giant General Atlantic bets big on investment opportunities in SE Asia
General Atlantic started investing in India and Southeast Asia in 1999.
Actis said to have divested majority stake in Singapore’s PS Gourmet
PS Gourmet came under the portfolio of Actis following the latter's acquisition of Abraaj’s fund in 2019.
J-Star sells 20% stake in staffing service firm Aki-Japan to UT Group
J-Star has transferred a 20% stake in Aki-Japan to staffing firm UT Group for an undisclosed sum.
SG’s Affirma Capital secures $403m first close of fifth Korea fund, invests in T Map Mobility
The PE firm is targeting to close the fund in October this year with total AUM of $636m.
Straits Trading to buy JL Family Office’s stake in realty investor SRE for $78.3m
SGX-listed Straits Trading will fund the acquisition through internal cash resources.
Canada’s CDPQ bullish on SE Asia prospects, to up tech investment focus
CDPQ, an active LP, may also look at increasing its exposure to co-investment opportunities.
