Private Equity
The firm plans to deploy the capital in select opportunities across the National Capital Region.
1
India: Canonicus Capital raises $21m in first close of special situations fund
2
India: Kotak Alts invests $34.5m in Gainwell Group
3
Nvidia CEO Jensen Huang steps down, clouding AI outlook
4
Swiggy-backer Norwest raises $4b for largest fund in its 65-year history
5
Malaysia weighs law to monitor data centres' operations, chips use
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Gainwell will use the funds to expand its manufacturing and mining businesses, and refinance debt.
People
CFO Colette Kress named interim CEO as Nvidia looks for a permanent successor.
Venture Capital
With the close of Norwest 18, the firm’s total capital under management stands at $18 billion.
Policy & Regulations
The country is being scrutinised into whether it is being used by companies to circumvent chip restrictions.
India
Bodhi Tree will pick an undisclosed stake in Adyar Ananda Bhavan for $180m.
World
Hitachi also took part in the financing.
Rest of Asia
Nvidia’s board is meeting late on Wednesday to decide on Huang’s future.
Singapore
It doesn’t have plans to put other entities under Singapore.
Greater China
The strategy aligns with Chinese authorities’ efforts to drive up yuan use.
