Private Equity
The fund secured $1.9b in equity commitments and $250m in co-investment capital.
1
People Digest: Advent, ICG announce key hires
2
India: PE firm Multiples settles case with SEBI over AIF tenure
3
China restricts some overseas-incorporated firms from HK IPOs
4
India's Neuberg Diagnostics plans IPO within six months
5
IFC weighs $60m loan for China's Dreame Technology
More Stories
Indonesia’s fintech lenders face ‘natural selection’ amid consolidation wave
GIC-backed Sunway Healthcare posts 19% revenue growth ahead of $722m IPO
Canada pension plan to sell stakes in Asia private equity funds: report
India’s True North to launch second credit fund, eyes 50% higher corpus
Carsome bags $30m investment from HKIC, Gobi, Asia Partners
Analysis
Palliser has sought changes to unlock greater shareholder value at LG Chem.
The fund has already secured a first close of about $150 million.
Private Wealth
Retail and institutional capital can be complementary rather than competitive.
Concerns mount over Google, Anthropic heating up AI competition and OpenAI’s role in Iran war.
IPOs & Markets
The stock opened at $19, compared with the $16 offer price.
Hahn & Co. acquired the business from Korean Air in 2020.
The IPO valued the company at $10.7b.
Venture Capital
The fund is expected to invest about $2m each in 70-80 companies.
The firm bagged $9b from LPs and will contribute $1.5b of its own capital to the fund.
