Private Equity
Marengo aims to double its hospital bed capacity to 4,000 beds over the next two years.
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LeapFrog invests $42m in Marengo Asia Hospitals to fund expansion
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Indosat, Ooredoo’s Zankore secures $3.1b debt facility for AI infrastructure
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ADIA lifts PE allocation, bullish on AI-related investments
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India Digest: Piston, Graph AI secure fresh funding
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Hong Kong, Dubai set up working group to boost financial connectivity
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SG deeptech startup N&E Innovations raises funding from global investors
CVC names TPG veteran Todd Sisitsky as future co-CEO in succession plan
EQT launches first Asia-focused evergreen PE strategy
Alternative real estate asset manager MA Financial eyes resilient, income-generating sectors
Circle to buy Tazapay for $400m, a year after joining its cap table
Deals
Last month, Indosat Ooredoo Hutchison teamed up with Ooredoo Group, NVIDIA, and Nokia to launch Zankore.
The LP View
AI has been a consistent investment theme across its strategies.
Piston has raised $15 million in Series A funding led by FPV Ventures.
The group will bring together exchanges and regulators from Hong Kong and the Dubai International Financial Centre.
Rest of Asia
ESR will remain an investor in the project and continue to serve as development manager and asset manager.
World
The council comprises five industry leaders.
India
The automaker wants to create a model smaller than its VF 6 but bigger than the VF 3.
Greater China
Exploration of a mainland listing reflects weak performance of HK-listed AI stocks.
Uber had previously invested $7 million in Carrum Mobility in January 2026.