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Private Credit

IFC weighs up to $40m investment in Sri Lanka’s CBL Investments

The proposed investment entails three loans to CBL Investments.

Just InTrending

1

IFC weighs up to $40m investment in Sri Lanka's CBL Investments

2

Walmart CEO McMillon to retire after a decade, insider Furner named chief

3

Reliance to set up 1 gigawatt AI data centre in India's Andhra Pradesh

4

Grab president downplays possibility of merger with GoTo

5

Source Code Capital closes latest dual-currency fund series at $600m

More Stories

1

Indonesia’s aesthetic clinic chains attract new wave of investors

2

Outperforming public markets to boost private market recovery in China: Hamilton Lane

3

SE Asia Deal Review: After Sept spike, startup funding cools in Oct

4

HarbourVest eyes CVC’s $600m continuation fund for Korean unicorn

5

Restaurant Brands sells Burger King China to local firm CPE

People

Walmart CEO McMillon to retire after a decade, insider Furner named chief

US division chief CEO John Furner will succeed McMillon.

Analysis

Reliance to set up 1 gigawatt AI data centre in India’s Andhra Pradesh

Google has committed $15b investment to create an AI data centre in the state.

Analysis

Grab president downplays possibility of merger with GoTo

Bar for a deal would be “very high”, said Alex Hungate at Vietnam business summit.

Venture Capital

Source Code Capital closes latest dual-currency fund series at $600m

The funds will focus on thematic opportunities around China’s AI and going-global mega trends.

Greater China

China Digest: Alibaba, Nio Capital invest in Dexmal; DL Holdings to back Youngtimers

HK-listed DL Holdings is poised to become the largest institutional shareholder of Youngtimers AG

Greater China

China’s securities regulatory chief seeks approval to step down

Wu Qing was appointed the chairman of CSRC in February 2024.

Greater China

Morgan Stanley questioned by US House panel over Zijin Gold IPO in HK

In January, Zijin Gold parent was added to the Uyghur Forced Labor Prevention Act Entity List

Greater China

China’s Chuangxin Industries aims to raise up to $708m in Hong Kong IPO

The firm joins a growing wave of Chinese companies seeking capital in the city.

World

Nvidia-backed Australian AI company Firmus raises $325m

The potential IPO candidate is looking to accelerate its AI infrastructure initiative.

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