Deals
The company plans to open its first 5-7 Ace Hardware outlets in Greater Jakarta soon.
1
ID Digest: MAPI to relaunch Ace Hardware; Lion Group to invest in stablecoin developer
2
Swedfund commits $15m to Navegar III to aid SME financing in PH
3
Anthropic accuses Alibaba of illicitly extracting Claude AI model capabilities
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India: IFC proposes $73m investment from own account in Sify Infinit
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Future Group to invest in global infrastructure with Aberdeen Investments
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Vingroup’s hospitality unit secures $255m investment from SeaTown, VOI
Analysis
Navegar Fund III has a target of $250m.
The strike by Alibaba is described as a “distillation” effort.
Private Credit
IFC will mobilise up to $244 million more from other lenders.
Climate Tech & ESG
Future will also allocate to the asset manager’s Global Sustainable Infrastructure strategy.
Indonesia
A co-founder vehicle has fully exited the company.
Vietnam
The company’s recent overseas launches underscore its ambition to export a vertically integrated model.
Greater China
Newly registered VC funds in China totalled 154b yuan in first five months of 2026.
Investors will only be able to maintain or sell down their existing positions.
Rest of Asia
The purchase, from MBK Partners, is aimed at efficiency via AI, consolidation.
