India
Half a dozen managers have launched or closed credit funds in just the past month.
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GIC, ICONIQ back IPO-bound Indian wealthtech firm Groww's $200m round: report
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Existing investors Fundamentum, Accion, Nuveen, and Maj Invest also participated.
GIC had also led CRED’s funding round in 2022.
US-based IVI may pay $400-450m for ART Fertility Clinics.
Rest of Asia
The model, which was built by state finance and chaebols, has reached its limit.
Vietnam
Accounting information disclosed before the agreement “significantly diverged from reality”.
The fund will invest between $7m and $25m per company.
Singapore
Fund managers in Asia often lack the incentives to mark down their portfolios for secondaries sales.
Fibe closed its Series E round at $90 million last year.
Hong Kong, mainland China important partners in Saudi’s capital market journey.