Private Wealth
The Swiss asset manager is limiting withdrawals from two of its evergreen funds after they exceeded the 5% quarterly limit.
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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
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KKR-backed EQuest Education secures $115m syndicated loan
More Stories
French asset manager Eurazeo scouts for SE Asia bets with $20m ticket size
Indonesian smart vending machine operator JumpStart secures Series C funding
Vietnamese dairy firm TH Group approaches PEs for minority stake sale
SG’s Panthera Growth Partners invests $30m in security AI firm Innefu Labs
Deals
The overhaul will give greater prominence and resources to OpenAI’s coding product Codex.
Analysis
In its first full-year profit target since listing, the group eyes up to $17m pre-tax profit in 2026.
Partners Group caused a flutter in the industry mid-week by capping withdrawals from one of its evergreen PE funds.
Private Credit
EQuest had secured $120m in 2023 in a combination of equity from KKR and debt from lenders.
World
This comes after Alphabet’s move to raise $84.75 billion in upsized equity offerings.
Greater China
CXMT’s planned listing has sparked a debate about its valuation.
India
The investment comprises a combination of primary and secondary transactions.
The IPO is India’s first in about a month.
Foreign investment is tightly restricted or off-limits in China’s space sector.