Deals
DALI has issued ordinary shares worth $28.4m to existing investor Venturi Partners.
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DATA VANTAGE: Venturi boosts investment in DALI, and other updates
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Ikhlas Capital expands LP base with $370m second fund
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Hybrid solutions provide a 'Libra' of risk and return: Granite Asia
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responsAbility commits up to $25m to Verdant Energy’s Thai solar portfolio
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VinFast plans to buy $1.2b property from founder to shore up finances
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NUS appoints Abu Dhabi Investment Council veteran Daren Smith as CIO
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INA charts its next chapter as global investors reassess Indonesia
Grab to buy 60% of Atome Financial for $1.49b, eyes full ownership
Private Equity
Ikhlas Capital’s first vehicle secured about $230m in LP commitments.
Interviews
The firm’s Libra Hybrid strategy has now crossed its $500m target.
The financing is part of responsAbility’s $500m Climate Investment Strategy for Asia.
Analysis
The EV maker is pursuing new earnings and cash flow after years of losses.
Singapore
The Singapore office will be Anthropic’s fifth in the region.
Mayfield and Aramco Ventures participated in the financing of the AI startup.
Greater China
The latest funding was co-led by IDG Capital and others.
India
Other top investors included ADIA, Norway’s wealth fund and Fidelity.
Lygend has been trading on HKEX since December 2022.