Deals
Accel, Atomico, Lightspeed Faction, M13, Northzone and Pantera participated in the round.
1
China's VC funding set to hit record high in Q1 on state-led tech push
2
BYD's vehicle sales fall for seventh straight month in March
3
Japan's mid-market PE firm closes fourth fund at $1.7b
4
Circulate Capital secures $220m first close for second climate fund
5
Vietnam's first tech unicorn VNG posts 17% net revenue jump in 2025
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Ex-KKR executive bets big on Indonesia’s mid-market with up to $150m fund
Recovery hopes fade for SE Asia-focused PE funds as geopolitical risks loom
Mekong Capital-backed F88 to offload 10% shares in 2026 IPO
Aurelius to sell APAC airline catering business to Japanese JV
First REIT to divest Indonesia hospital assets to Siloam for $367m
It will also invest $1 billion in Ashmore-managed emerging market funds.
Venture Capital
Starcloud raised $170m led by Benchmark and EQT Ventures.
Policy & Regulations
Heavy disclosure rules and listing costs have made public markets less attractive for companies.
Private Credit
Star has been battling high debt levels and prolonged regulatory pressure.
IPOs & Markets
IQM is planning a dual listing on the US and Helsinki stock markets later this year.
Analysis
Genics’ tech is now used in 54 countries.
The fund will allocate 30-50% of its investments to Asia.
World
Prosus currently owns around 26.8% of Frankfurt-listed Delivery Hero.
The penalty follows a lawsuit by the Australian Securities and Investments Commission in late 2024.