Private Equity
KKR expects to return $40 billion to clients this year, over 50% above its previous annual record.
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KKR profit hits record as asset sales, fees surge
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Investors warn mega-cap concentration as AI capex faces reality check
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Japan's Sojitz to acquire 5% of Masan's tungsten producer
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SoftBank, ABB explore China carve-out to salvage robotics deal
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IFC likely to invest up to $90m in Navis Capital's ninth fund
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Northstar closes maiden VC fund at $140m with support from existing LPs
IFC investing $50m in A.P. Moller’s latest emerging markets infrastructure fund
India’s B2B marketplace Udaan raises $340m, eyes public listing
Chinese AI video generation startup Sand.ai enters unicorn club after $200m round
IFC mulls $17m investment in fund targeting Asian women-led businesses
Opinion
Global asset managers are increasingly scrutinising the underlying revenue model.
Deals
The Vietnamese company is valued at $2.5 billion.
This is the second deal blocked by China this year after Meta.
The vehicle targets a corpus of $1 billion.
World
The announcement follows last week’s Binance hack.
Greater China
The stock traded at HK$22.4, up 129% from its HK$9.78 offer price.
Rest of Asia
The deal is among the largest in the sector.
The FTC also fined Woowa Brothers 331.1 billion won for similar practices.
Check out earnings analyses, India Q3 report, scoops and updates from the LP-GP quarter.