Fund
AI? New jobs? California’s local news deal with Google leaves lots of unanswered questions
Early this summer, California seemed poised to play a leading role in shaping a new frontier of tech regulation as lawmakers considered bills to force big digital platforms to...
Microsoft, BlackRock to launch US$30 billion fund for AI infrastructure
BLACKROCK and Microsoft plan to launch a more than US$30 billion fund to invest in artificial intelligence (AI) infrastructure to build data centres and energy projects, the companies said...
Former gaming executives raise US$100 million for new consumer VC fund
VENTURE capital company Patron has raised US$100 million for a new fund that will focus on young consumer-facing companies, with a particular focus on technologies inspired by gaming.It is...
Apollo inks US$1 billion deal with BP to fund stake in Trans Adriatic gas pipeline
Proceeds from the deal will contribute to BP’s 2024 divestment and other proceeds target of US$2-3 billionApollo Global Management has signed a US$1 billion deal with British energy major...
Thai state fund seeks 150 billion baht to help boost stock market
THAILAND’S state-controlled Vayupak Fund is starting a 150 billion baht (S$5.9 billion) offering on Monday (Sep 16) aimed at boosting the local stock market.The offering, which will increase Vayupak’s...
Blackstone sells second commercial mortgage bond to fund buyout
BLACKSTONE is selling US$1.05 billion of commercial mortgage bonds to help pay for a deal it struck in April to acquire AIR Communities, an apartment landlord. The debt consists...
Hedge fund chief Paul Marshall buys The Spectator for £100 million
Hedge fund manager Paul Marshall agreed to pay £100 million (S$170.9 million) for The Spectator, a politically influential British magazine that’s known to exert a big sway over the...
Rate cuts may boost esoteric fund financing but its unfamiliarity to S-E Asia’s lenders may be an issue
New forms of financing could pop up with the expected cut in the US federal funds rate, but the region’s fund financing market is still small FUND finance 2.0...
