Pimfha Chan
Pimfha Chan is a Singapore-based Correspondent with DealStreetAsia. She is covering alternative assets in Asia, including private equity, private credit, and venture capital investments.
Stories by Pimfha Chan
Singapore’s MoneySmart rejects $8m offer from Nasdaq-listed MoneyHero
MoneySmart said the bid was "neither serious nor credible and that it will not be entertained."
Intudo Ventures said to be fundraising, Monk’s Hill tests the market for next fund
Both VCs are said to be targeting $200m for the vehicles.
KKR raises $808m so far for latest Asia private credit fund, shows filing
KKR closed its debut fund in the franchise at $1.1b in 2022.
Asian GPs wake up to soft power of gender parity in returns, fundraising
Gender-balanced funds deliver a net IRR that is 1.7% higher than male- or female-dominated ones
Private equity turns to families for SE Asia assets amid tough exit market
More GPs may return their assets to the original owners if M&A market recovery is slow.
Rakuten Mobile to raise up to $2b from Macquarie, British Columbia in sale-leaseback deal
It will continue to manage and operate the telecom assets over the lease period.
Payoneer’s $61m Skuad acquisition provides exit to BEENEXT, Argor
The deal consideration includes $61m in cash and up to another $20m in contingencies.
PE bets rebound in Asia’s private education as pandemic memories fade
The value of education deals in APAC, excluding China, rose 44% YoY in 2023.
Macquarie nears final close of $730m Korean buyout fund
The vehicle reportedly hit its first close at 200 billion won ($147 million) in July last year.
Macquarie buys Korean drug company Genuone Sciences in $550m deal
The investment was made through Macquarie Korea Opportunities Fund 6.
