The LP View
An increasingly active secondaries market would also help drive DPIs.
1
Warehousing major GLP closes maiden data centre fund at $358m
2
India's used-car retailer Spinny raises $131m to scale NBFC business
3
China's Fortune Precision-led consortium offers $413m for majority of Compart Systems
4
OpenAI to raise $40b in SoftBank-led round at $300b valuation
5
Hillhouse’s Rava Partners to acquire majority stake in Dash Living for up to $150m
More Stories
Deal-by-deal gains favour as LPs seek more control amid market volatility
Homebase founder launches HR tech platform amid Vietnam’s weak realty market
GIC, Temasek to buy “significant stake” in TPG-owned Novotech
Indonesia’s biggest state-owned banks undergo leadership shakeups
[Updated] Temasek, Alpha Wave, IHC munch on Indian snack maker Haldiram’s
Climate Tech & ESG
Firm sees potential GP-led transactions in Southeast Asia
Deals
Mekong first invested in the superapp in 2018.
Venture Capital
The announcement confirms DealStreetAsia’s report in May.
Private Equity
Roughly 60% of the fund is expected to be deployed into SE Asia.
Under-penetrated private assets are seen to be creating such returns.
Analysis
Financial services revenue was up 34% YoY to $64m.
Dash was founded by GoTo and DHL alumni Aditya Brahmana and Robert Muliant in Nov 2023.
Mixue wins over young consumers in Vietnam; Cotti Coffee moves into Thailand.
ABM Respiratory Care raised funds from Worthy Ventures Resources and TAH Ventures last week.
