World
CI V, has already made six investment decisions, committing 60% of the fund.
1
OpenAI and Elon Musk agree to fast tracked trial over for-profit shift
2
Malaysia's sovereign wealth fund Khazanah buys INCJ's stake in EDOTCO
3
India's Zetwerk mulls IPO within two years, co-founder says
4
China: Baidu launches two new AI models as industry competition heats up
5
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Greater China
Also read about the rise of thematic funds in India.
India
The previous record was the $1.7b raised by Kedaara Capital in 2023.
The sale will trigger an open offer for Blackstone to buy 26% stake from existing shareholders.
The platform will manage $3.5b in assets.
The fund targets $3b in total commitments.
The company is eyeing a STAR Market IPO.
The latest round valued the startup at around $800 million, Reuters reported.
Singapore
The fund earlier targeted a $1.8 billion corpus.
The deal marks the first investment by the fund.
