Private Credit
The fund is reportedly targeting to raise a total corpus of $2.1 billion.
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Bain Capital raises over $1.8b for third Asia special situations fund
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Investcorp, Singapore Gulf Bank explore Gulf-Asia investment partnership
3
Indonesia's Blibli narrows Q3 operating loss by 46% as profitability improves
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ESR appoints Roy Teo to lead SE Asia operations
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After Singapore, HSBC to launch AI Institute in Hong Kong
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Amazon-backed Indonesian quick commerce firm Astro eyes fresh funding
Singapore’s Evo Commerce raises $6.4m via preference shares
Northstar closes maiden VC fund at $140m with support from existing LPs
IFC investing $50m in A.P. Moller’s latest emerging markets infrastructure fund
Editor’s Picks: The Week That Was – Oct 26-31
Deals
The MoU also covers the potential integration of SGB’s digital banking capabilities with Investcorp Wealth.
Earnings and Results
Revenue growth and tighter cost management helped reduce losses across its business.
People
Teo joins ESR from SB Asset & Investment Management, where he served as CEO.
The AI unit will work with Hong Kong University of Science and Technology as its anchor academic partner.
Indonesia
Meanwhile, some investors are exploring partial stake sales.
Rest of Asia
The firm is targetting 30 billion yen ($200 million) for its second fund.
India
Funding value, however, rose 25.3% on a year-on-year basis.
Singapore
AVC Capital, Openspace Capital-linked vehicle accounted for most of the proceeds.
Greater China
QuantumCompute indirectly holds an approximately 85.94% stake in Shanghai Tianjing Fulian.
