Greater China
The company aims to grow its real estate AUM to $500m by 2024.
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Singapore’s Growtheum Capital closes debut fund at $567m, a tad below target
Hit by China-US tensions, GGV Capital to spin off Singapore-based Asia business
Vietnamese unicorn VNG defers US IPO to April next year
Indonesia consortium invests $1.3b in new capital
Rest of Asia
The deal puts the 148-year-old electronics-to-power stations maker in domestic hands.
India
The PE firm plans to build a portfolio of about 12-15 companies.
World
Vintage IX garnered almost 38% more than its predecessor fund.
A deal for about 60% of Cipla could be worth as much as $7b, experts say.
Torrent and Blackstone both have submitted non-binding bids for Cipla, sources say.
Everstone is now left with a 15.44% stake in Restaurant Brands.
The deal will create an exit path for KKR and other shareholders.
True North is looking to invest in a total of 15-20 profitable companies from the said fund.
Indonesia
Earlier this year, Growtheum invested about $100 million in Vietnam’s International Dairy Products.
