Fund
Apollo targets US$25 billion for flagship private equity fund
APOLLO Global Management is readying what could mark its largest ever private equity fund.Apollo is looking to gather US$25 billion of capital for the fund, which is expected to...
China mulls moving Cinda stake to sovereign wealth fund in weeks
THE Chinese government plans to transfer ownership in one of the nation’s biggest bad-debt managers to a unit of its sovereign wealth fund in coming weeks as part of...
FashionValet founders charged after sovereign wealth fund loss
MALAYSIAN prosecutors charged the founders of a local online fashion retailer over the alleged misuse of funds invested in their company by two government-linked firms.Local influencers Vivy Yusof and...
SingPost to divest Australia business at A$1 billion enterprise value to private equity fund
Group may consider a special dividend after repaying debt and considering future funding needs SINGAPORE Post (SingPost) has entered into a share purchase agreement to divest its Australian business...
Simon Cheong’s AVJennings attracts S$326 million privatisation offer from US fund
SINGAPORE and Sydney dual-listed property player AVJennings (AVJ), which is controlled by real estate tycoon Simon Cheong, is set to be taken private after American real estate fund Proprium...
Macquarie seeks Japan, India fund bets as China appetite cools
MACQUARIE Group, one of the world’s biggest infrastructure investors, is looking to deploy more of its growing Asia cash pile in markets such as Japan and India as its appetite...
Keppel DC Reit’s upsized private placement closes at S$2.09 apiece; equity fund raising totals S$1.1 billion
KEPPEL DC Real Estate Investment Trust (Keppel DC Reit) closed its private placement at S$2.09 apiece with 334.9 million new units issued, said the manager on Wednesday (Nov 20)....
Keppel DC Reit unveils S$1-billion unit placement, preferential offer to fund purchase of data centres
THE manager of Keppel DC Reit plans to launch an equity funding exercise to raise gross proceeds of about S$1 billion, it announced on Tuesday (Nov 19). This comprises...
