Analysis
Michelle Irawan, VP at Northstar Ventures, is also exiting the firm.
1
Senior exits at Northstar hint at imminent merger with Ares
2
SoftBank's Son pitches $1 trn AI hub in Arizona, plans to partner TSMC: report
3
Global trading giants step up presence in India's derivatives markets
4
India's Delhivery launches short-haul cargo service taking on Uber, Porter
5
Northstar’s Sunata Tjiterosampurno to join Indonesia's Danantara
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Indonesia’s Danantara, Russia’s RDIF ink $2.3b investment initiative
Venture Capital
Instapay’s latest funding round was anchored by a group of US-based family offices.
Waresix is also backed by SoftBank, Temasek, and Tiger Global, among others.
PEC will continue under the leadership of Chair Edna Ko and CEO Robert Dompeling.
Our exposé on Tiki’s downfall, and MoMo’s profitability were popular among readers.
Deals
S&P has kept Grab’s BB- rating with a stable outlook.
This edition looks at how countries in Asia are looking at bridging the rare earth elements gap.
NewCampus secured $3.3m in capital by allotting shares to a mix of institutional and individual investors.
EDBI now holds a 15% stake in the company.
The LP View
SE Asian GPs are pivoting to buyouts to gain more control over exits, says Kerrine Koh.