Vietnam
In its first full-year profit target since listing, the group eyes up to $17m pre-tax profit in 2026.
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Bitcoin's star fades, as investors flock to lustre of AI, megacap IPOs
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China pushes fund managers to support innovation, warns against concept hype
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Partners Group to stick to private wealth strategy, says chairman
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OpenAI plans to turn ChatGPT into superapp ahead of listing
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Vietnam's first unicorn VNG sets strong profit target amid AI push
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Editor’s Take: The Week That Was—June 1-6
KKR-backed EQuest Education secures $115m syndicated loan
Quadria-backed HealthQuad invests in patient monitoring platform LifeSigns
French asset manager Eurazeo scouts for SE Asia bets with $20m ticket size
Beauty retailer Konvy bags $22m in Series B led by Cool Japan Fund
India
Partners Group caused a flutter in the industry mid-week by capping withdrawals from one of its evergreen PE funds.
Greater China
CXMT’s planned listing has sparked a debate about its valuation.
Capital is flowing, with a range of strategies targeting each geography.
Tsingshan Group and Lygend Resources are planning new projects in Africa.
World
Redemption requests at its $16 billion Delaware fund exceeded its 5% quarterly cap.
Foreign parent firms raised nearly $5b from secondary-share IPOs in India.
Philippines
Heavy reliance on imports amplifies impact; VinFast leads Tesla.
Investors warn the new requirements could slash returns and impede investment.
Partners Group has capped withdrawals from an $8.6 billion private equity fund.