IFC had recently proposed to invest up to $40m in the fund.
Taobao China Software to sell Suning.com stake to Alibaba affiliate
Air China to consult advisers for raising its stake in Cathay Pacific
China explores ways to attract foreign investment, state media says
China securities regulator warns of severe penalties in market crackdown
India's banking regulator moves to ensure continuity of UPI transactions on Paytm
KKR kicks off process to divest stake in Indonesia-listed bread maker Nippon Indosari
South Korea’s NPS looking to outsource investments to domestic fund managers
Malaysia-based Bintang Capital Partners said to be eyeing $75-150m for second fund
SG’s Climate Impact X receives $22m fresh funding from Mizuho, StanChart, others
Indonesia’s Alodokter bags $5.2m from HL Mando, Beacon VC
The fund will provide senior secured loans to small- to mid-sized corporates across APAC.
The USD and RMB InnoVen China Fund II is aiming for a final close early next year.
Six of Canada’s biggest pension funds managing $965.47b in assets have begun a major expansion into private credit.
FundPark has received an additional $250m from Goldman Sachs.
The firm is looking to do more deals from its Singapore office launched in 2022.
BlackRock has been looking at new economy sectors in Indonesia and manufacturing and real estate opportunities in Vietnam.
The firm had recruited Jeffrey Lau to lead its credit investments team in 2022.
ASLF III–Elkhorn will invest in SMEs in emerging markets in Asia.
KKR’s pan-Asian private credit strategies have deployed nearly $4b to date.