Deals
The new commitment lifts total investment in QXO to $3 billion.
1
QXO secures additional $1.8b in financing led by Apollo, Temasek
2
India Digest: BetterInvest floats credit fund; Bluecopa raises $7.5m led by Analog
3
Malaysia’s Sunway launches $2.7b takeover bid for IJM Corp
4
British Land CEO Carter set to join GIC-backed P3 Logistics
5
ICG exits Singapore's PSB Academy to local investment firm
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Warburg Pincus to invest up to $106m in Lemon Tree’s hotel ownership arm Fleur
Private Credit
The BetterInvest Media Vision Fund-1 will focus on movie and content production financing.
The offer prices IJM’s shares at 3.15 ringgit apiece, a 14.5% premium to the stock’s last close on Friday.
People
P3 Logistics Parks was bought by GIC for $2.7 billion in 2016.
UK-based ICG invested in the firm back in 2018.
Greater China
The Series A round was jointly led by CICC Capital and three government-owned investment firms in Shanghai.
India
Its investor base includes leading US university endowments and health systems.
Singapore
They will not be compared with other funds, said a minister.
The embodied AI startup is backed by Chinese tech giants Meituan and Alibaba Group.
The new financing will allow Oricell to hasten commercialisation efforts.