Fund
KKR raises US$2 billion for US institutional evergreen fund
KKR & Co so far has raised more than US$2 billion from institutional investors in its biggest US direct lending evergreen fund, according to a person with knowledge of...
Keppel achieves first close for sustainable urban renewal fund
KEPPEL has achieved its first close for the Keppel Sustainable Urban Renewal Fund after securing “Korean institutional capital”. On Monday (Apr 8), the global asset manager and operator said...
Malaysia’s UOB Asset launches India bond fund before index inclusion
UOB Asset Management Malaysia launched an India-focused bond fund last week, giving Malaysian investors an opportunity to snap up rupee-denominated debt ahead of the South Asian country’s inclusion to...
BlackRock’s tokenized fund draws US$240 million since debut
BLACKROCK’s money-market fund that records share ownership on the Ethereum blockchain has attracted more than US$240 million since its debut a week ago. The BlackRock USD Institutional Digital Liquidity...
BlackRock’s tokenised fund draws over US$240 million since debut
BLACKROCK’s money-market fund that records share ownership on the Ethereum blockchain has attracted more than US$240 million since its debut a week ago. The BlackRock USD Institutional Digital Liquidity...
Norway’s US$1.6 trillion fund voices concern over UK IPO proposals
NORWAY’S US$1.6 trillion sovereign wealth fund warned that the UK’s Financial Conduct Authority’s plan to simplify rules around public listings could undermine investor confidence in the market.“We are concerned...
Morgan Stanley’s ETFs break US$1 billion with fund conversions
MORGAN Stanley’s exchange-traded lineup now holds more than US$1 billion thanks to the firm’s first-ever mutual-fund conversions. The issuer is flipping two fixed-income mutual funds – one that follows...
TPG will halve China investments in new US$5 billion Asia fund
TPG will soon close its eighth Asia buyout fund at around US$5 billion, with the new portfolio set to slash its China allocation by more than half from prior...
