Fund
Apollo launches new private credit fund seeded by Mubadala
APOLLO Global Management has created a new private credit fund that will invest money from an affiliate of Mubadala Investment and other institutional investors for no fee during the...
Singapore’s Patience Capital Group to reopen fund for luxury Japan ski resort as weak yen beckons
PATIENCE Capital Group (PCG), the Singapore-based investor behind a US$1.42 billion luxury ski project in northern Japan, is in talks to reopen its fund to new investors eager to...
CSE Global proposes S$24 million placement to fund acquisitions, investments
CSE Global on Thursday (Mar 14) proposed a placement of 60 million new shares to raise S$24 million for strategic acquisitions and investments. Each new share will be priced...
Keppel data centre fund to buy upcoming data centre in Japan
KEPPEL Data Centre Fund II (KDCF II), which is managed by Keppel Limited, has inked a framework agreement with Mitsui Fudosan Co for the proposed forward purchase of a...
Saudi wealth fund eyes US$20 billion windfall from Aramco dividend
SAUDI Arabia’s sovereign wealth fund is set to earn about US$5 billion in dividend payments every quarter from its stake in Aramco after the government handed it more shares...
Saudi Arabia moves US$164 billion Aramco stake to wealth fund
SAUDI Arabia’s government transferred a further US$164 billion stake in Aramco to the Public Investment Fund (PIF), a move aimed at bolstering cashflow at the state-backed investor that’s been...
Morgan Stanley cuts 9% China fund unit staff amid market rout: sources
MORGAN Stanley has laid off about 9 per cent of its staff at its asset management business unit in China, two people with direct knowledge of the matter said,...
Australian pension fund buys Sydney airport site to build A$3.9 billion logistics hub
AUSTRALIAN pension fund UniSuper said on Wednesday (Mar 6) it had bought an undeveloped site next to Sydney’s planned new international airport to develop a logistic hub worth around...
S$15 million addition to Maritime Cluster Fund among moves to improve sector’s sustainability
A NEW pillar under Singapore’s Maritime Cluster Fund will co-fund sustainability efforts by companies, with S$15 million set aside till 2030. The MCF-Sustainability pillar joins the fund’s existing three...
