Private
ComfortDelGro to acquire UK private hire, black cab provider for £269.1 million
TRANSPORT operator ComfortDelGro is acquiring Addison Lee, a premium private hire, courier and black taxi provider in the United Kingdom, for £269.1 million (S$461.2 million).The acquisition – through wholly-owned...
Parkway Life Reit’s private placement closes at S$3.80 apiece
PARKWAY Life Real Estate Investment Trust’s (Parkway Life Reit) private placement to fund its acquisition of 11 nursing homes in France has closed at the issue price of S$3.80...
BlackRock hits US$11.5 trillion of assets as private markets grow
BLACKROCK pulled in US$160 billion of client cash to its long-term investment funds last quarter, pushing the world’s largest money manager to a record US$11.5 trillion of assets as...
Asian private bank sees rising non-dom flows from UK to Singapore
OCBC’s private bank plans to grow its business in Europe to capture more asset flows from wealthy people in the UK as the British government mulls raising some taxes...
Wealthy investors head online for private markets products as quality, access improve
Lower entry points that make it easier to diversify, greater control over portfolio are some advantages cited SELF-SERVE online investment platforms are gaining traction among the well-heeled, who have...
Qatar Investment Authority joins consortium to take HK-listed ESR Group private
HONG Kong-listed real estate fund manager ESR Group said on Friday (Oct 4) Qatar Holding has joined a consortium of investors proposing to take the company private under an...
Blackstone spies US$30 trillion opportunity in private credit
BLACKSTONE expects the private credit market to balloon to US$30 trillion in size, fuelled by lending for infrastructure projects and greater participation from pension funds.“The opportunity set to finance...
BlackRock chases private credit deals in record India market
BLACKROCK, the world’s largest asset manager, is hunting for Indian direct lending opportunities in a broadening array of sectors from agriculture to hospitality as the nation’s booming private credit...
