Deals
The partnership will raise equity and debt capital for infra investments.
1
Maharlika extends $240m credit to PH's sole oil refiner to cushion fuel shocks
2
Philippine e-wallet Mynt aims to raise $1b in IPO: report
3
Activate joins ElevenLabs Series D round, marking first growth AI bet
4
Abu Dhabi wealth fund L’IMAD targets $30b infra push with Temasek, GIP
5
APAC banks flag possible credit hits, raise provisions as Iran war drags on
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Asia Partners leads funding in SG’s Little Farms; Heliconia exits
VinFast to transfer EV manufacturing business in $530m transaction
Indonesia prosecutors seek 18-year jail term for ex-minister Nadiem Makarim
Beauty retailer Konvy bags $22m in Series B led by Cool Japan Fund
Advantage Partners to make two investments from Asia Fund II this year
Venture Capital
Stellaris Venture Partners and Plug and Play Ventures also backed the round.
IPOs & Markets
Blackstone Digital Infrastructure Trust sold 87.5 million shares in the IPO at $20 apiece.
Analysis
The list of investments was shown in court on Tuesday.
The Cheng family has been in talks with a handful of financial institutions to sell an equity stake in New World.
The new capital will support the firm’s global expansion, including into Japan and Europe.
Private Credit
Aggregate fair value-to-cost ratio fell 103 basis points to 98.55% at the end of March.
Private Equity
The Japanese company’s board and a special committee unanimously backed the offer.
Private Wealth
About 72% of those set to inherit assets in APAC are looking first to professionals for support.
The commitment expands an existing partnership between the two investment firms.
