Fund
Private credit lures A$151 billion fund seeing sticky inflation
COLONIAL First State (CFS), which manages A$151 billion (S$136 billion) of Australian pension and wealth assets, plans to add billions in private credit deals as it sees interest rates...
China creates 344 billion yuan chip fund to fuel self-resilience
CHINA has set up the country’s largest-ever semiconductor investment fund to propel the development of the domestic chip industry, the latest effort from Beijing to achieve self-sufficiency as the...
US fund Oaktree ‘assumes ownership’ of Inter Milan
INTER Milan were taken over by US fund Oaktree on Wednesday (May 22) after the Serie A champions’ outgoing owners Suning missed a deadline to repay a debt worth...
KFC Holdings Japan receives 135 billion yen offer from Carlyle-backed fund
FAST food operator KFC Holdings Japan said on Monday (May 20) that a Carlyle Group-backed fund launched a tender offer for its shares in a deal worth 135 billion...
Mapletree closes second Japan logistics development fund; expects 110 billion yen AUM
Mapletree Investments has successfully closed Mapletree Japan Investment Country Private Trust (Majic), riding the wave of a booming logistics sector in Japan. Majic is expected to achieve over 110...
Norway wealth fund blacklists Adani Ports citing ties to war
Norway’s US$1.7 trillion sovereign wealth fund has decided to exclude Adani Ports & Special Economic Zone from its portfolio, citing “unacceptable” risks that the company is tied to human...
Goldman raises US$3.6 billion for new real estate credit fund
GOLDMAN Sachs’s alternatives business raised US$3.6 billion for its latest real estate credit fund, giving it firepower at a time of market dislocation.That figure eclipses the roughly US$2.6 billion...
China probes local hedge fund for suspected illegal activities
CHINA’S securities watchdog said it is investigating hedge fund Zhejiang Ruifengda Asset Management for suspected illegal activities, while media reports said the fund has failed to pay investors seeking...