Fund
ST Engineering unit, SP Group to sell joint venture for S$290 million to Singapore fund manager Seraya Partners
[SINGAPORE] ST Engineering Urban Solutions, a wholly owned subsidiary of ST Engineering, has entered into an agreement with national grid operator SP Group to divest their joint venture (JV)...
South Korea wealth fund to boost bets on AI startups, eyes China tech
[SEOUL] South Korea’s sovereign wealth fund plans to increase allocations to tech startups and venture capital funds (VCs) as part of its broader push to deepen exposure to artificial...
China fund beats 97% of peers by buying Pop Mart, dumping Moutai
[HONG KONG] A 30-year-old Chinese fund manager is trouncing peers this year with a portfolio stocked with Gen Z-favoured names such as Pop Mart International Group, betting that new-age...
China fund beats 97% of peers by buying Pop Mart, dumping Moutai
[HONG KONG] A 30-year-old Chinese fund manager is trouncing peers this year with a portfolio stocked with Gen Z-favoured names such as Pop Mart International Group, betting that new-age...
IHH Healthcare unveils S$5 million programme to fund healthcare research and pilot projects
[SINGAPORE] Integrated healthcare provider IHH Healthcare on Friday (Jun 27) announced the launch of a S$5 million programme to fund clinical research and pilot projects across its network. Funds...
Investment firm PAG raises 3.1 billion yuan in first yuan-denominated buyout fund: sources
[HONG KONG] Asia-focused investment firm PAG has raised 3.1 billion yuan (S$553 million) at the first close of its inaugural yuan-denominated buyout fund, exceeding its target, two people with...
China’s wealth fund pulls plug on US$1 billion private equity sale
[BEIJING] China’s sovereign wealth fund has pulled its planned sale of US$1 billion in US fund stakes tied to some of the biggest names in private equity.Earlier this year,...
Daiwa plans 100 billion yen real estate fund as Japan market booms
[TOKYO] Daiwa Securities Group plans to launch a real estate fund with two partners, tapping investor demand for a piece of Japan’s booming property market.The Japanese brokerage will collaborate...
